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| subject: | Re: Enron - Skilling and Lay GUILTY of fraud and conspiracy!!! |
From: "Mark"
Gary B. is right, despite the media hoopla (well deserved for the perps in
this case) the fact remains that only a dozen or so executives/companies
were charged/prosecuted for engaging in fraud out of countless thousands.
The impression left though, because of that hoopla, was that all of
corporate America are crooks, which is obviously a crock, but the
impression plays good on the evening news...
"Rich Gauszka" wrote in message
news:4475d7f0{at}w3.nls.net...
> http://money.cnn.com/2006/05/25/news/newsmakers/enron_verdict/index.htm?cnn=y
es
>
> HOUSTON (CNNMoney.com) - Enron former chief executive Jeffrey Skilling and
> founder Kenneth Lay were found guilty Thursday of conspiracy and fraud in
> the granddaddy of all corporate fraud cases.
>
> On the sixth day of deliberations, a jury of eight women and four men
> convicted the former executives of misleading the public about the true
> financial health of Enron, whose collapse in late 2001 symbolized the wave
> of corporate fraud that swept the United States early this decade.
>
>
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