|
View previous topic :: View next topic
|
| Author |
Message |
Nofsdad
Joined: 06 Jul 2003
Posts: 7077
Location: Central CA
|
|
Posted: Mon Feb 28, 2005 8:23 pm Post subject: And It Only Took Four Years
|
|
|
| Quote: |
Lay, Skilling Go on Trial in January
Lawyers' Schedules Prevent Earlier Start for Enron Case
By Carrie Johnson
Washington Post Staff Writer
Friday, February 25, 2005; Page E03
A federal judge in Houston yesterday ordered former Enron Corp. executives Kenneth L. Lay and Jeffrey K. Skilling to stand trial early next year on criminal conspiracy charges, setting the stage for the most important action to date in the government's premier business fraud case.
U.S. District Judge Simeon T. Lake III said jury selection in the trial of the two men and Enron's former top accountant would begin at the Houston federal courthouse on Jan. 17, 2006. Lake said the busy schedules of defense lawyers prevented him from starting the trial earlier, as he had originally expected. |
Busy schedules of defense lawyers? That can delay a trial for years? Let that be a lesson to you folks. Only hire lawyers who don't have time to work on your case.
| Quote: |
| Lay, the company's longtime chairman who donated millions of dollars to the campaigns of President Bush and his father, faces seven charges including conspiracy and fraud in connection with an alleged scheme to conceal debt and inflate assets. Skilling, a protege of Lay's who handled day-to-day operations, and former accounting chief Richard A. Causey each face nearly three dozen criminal counts dating to the 1990s. All three men have pleaded not guilty. |
Conceal debt and inflate assetts? Is that a lot worse than misstating tax debt and inflating assetts ala KMart? Lesson 2: Pays to have friends in high places who owe you favors, eh?
| Quote: |
| Lake last month turned down requests by Skilling and Lay to move the trial out of Houston, rejecting arguments that the negative publicity about Enron's collapse rendered thousands of potential jurors unable to consider the case fairly. |
"I want the trial moved because you can't find 12 people around here that I havent screwed."? You'd have to exclude anybody, at least in the southwest, who ever got an electric bill to satisfy that one.
| Quote: |
| The January 2006 trial will not end legal wrangling over Enron. After it ends, Lay will face a second trial on charges that he defrauded banks that lent him money. All three men also are fighting class-action lawsuits by shareholders who seek millions of dollars in compensation. |
Ooh! Nasty old class action lawsuits!
At least the administration is taking steps to make sure that nobody their butt buddies have screwed over will ever be able to seek recovery of their losses again. This was like a bad old Japanese horror movie... "Corporate Lawyers Versus The Trial Lawyers".
My guess is that Martha Stewart spent more time in Jail than these bozos are going to.
|
|
|
Back to top
|
|
USA#1
Joined: 04 Jul 2003
Posts: 1964
|
|
Posted: Tue Mar 01, 2005 7:59 am Post subject:
|
|
|
|
You're probably right. They'll probably get probation and community service for what they did. And who can blame the shareholders for being angry? I don't. These guys need to be screwed over like what they did to a lot of people. And hoprfully, they'll wind up in prison where some big ass guy will bend them over REAL good.
|
|
|
Back to top
|
|
kanaka
Joined: 04 Jul 2003
Posts: 916
Location: roaming...
|
|
Posted: Tue Mar 01, 2005 11:12 am Post subject:
|
|
|
I hope these two come back as (male) black widow spiders in their next life. This way, if they try to screw with someone, they'll get eaten alive. Teach 'em a lesson. 
|
|
|
Back to top
|
|
USA#1
Joined: 04 Jul 2003
Posts: 1964
|
|
Posted: Tue Mar 01, 2005 6:47 pm Post subject:
|
|
|
| kanaka wrote: |
| I hope these two come back as (male) black widow spiders in their next life. This way, if they try to screw with someone, they'll get eaten alive. Teach 'em a lesson. |
  
|
|
|
Back to top
|
|
|
|