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Enron Verdict: GUILTY GUILTY GUILTY
Ken Lay: Guilty on all 6 counts
Jeff Skilling: Guilty on 18 counts, not guilty on all insider trading charges except one.
I hope they both die in prison for what they did. This is a big day for the financial world to show that acts like this will not go unpunished. Good job jury.
Last edited by Mckenzie; 05-25-2006 at 10:17 AM.
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."
-Thomas Jefferson 1802
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i cant get over how they were able to lie about 60 billion dollars to everyone and thier dogs.....
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Originally posted by SKR
You know what, I'm such a ricer. More form than function, oversized exhaust, Japanese engine, and if I put the tailgate down it kind of acts as much like a wing as the picnic table wings the fast and furious guys are bolting to their cars.
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And when people lost everything they had, the scumbags we're still sitting on millions of dollars, driving around in Benz's and crusing on yacht's. Dateline had a thing on them a few weeks ago, and it said right after Ken Lay lied to the employee's faces about everything, and knew they were all screwed, he went and bought some antique light for his wife for like $15,000.Originally posted by RickDaTuner
i cant get over how they were able to lie about 60 billion dollars to everyone and thier dogs.....
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"Fun with Dick and Jane"
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haha....that was actually a pretty fun movie....Originally posted by rony_espana
"Fun with Dick and Jane"
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."
-Thomas Jefferson 1802
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You just have to wonder how much of this is going on right now where everyone is buying into the oil boom.
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.
Last edited by kaput; 03-22-2019 at 06:19 PM.
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This won't be happening much with the prescence of Sarbanes-Oxley compliancy policiesOriginally posted by Xtrema
You just have to wonder how much of this is going on right now where everyone is buying into the oil boom.
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anyone know how long they are gone away for?
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^ No sentencing yet. Probably next few days.
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ohh ok
any predictions?
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Sentencing has ironically been set for September 11th..... Skilling is facing up to 175 years and Lay pretty similar time. Obviously they will be locked away for the majority of the rest of their life. Good on the jurors....I hope the judge is equally as hard on them for what they did to the economy and the poor pensioners that lost everything.
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."
-Thomas Jefferson 1802
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5yr for Lay
10 for Skilling
Minimum security @ club Feb. Out after 1/2 the time served.
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ouch.. if that's the case.. they might as well let Lay and Skilling line everyone that got screwed in the Enron scandal in a single file, and let them kick each one of them in the ass and then laugh at the victims while they walk away.Originally posted by Xtrema
5yr for Lay
10 for Skilling
Minimum security @ club Feb. Out after 1/2 the time served.
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You know what, if they ain't rich, they probably behind bars now. Not enjoying another 3-4months at home before sentencing, out on a $5M bond each.Originally posted by Shaolin
ouch.. if that's the case.. they might as well let Lay and Skilling line everyone that got screwed in the Enron scandal in a single file, and let them kick each one of them in the ass and then laugh at the victims while they walk away.
And if Bush doesn't give a shit, he could pardon them on the way out, which is only a year or so away.
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Karma's a bitch I guess....
Ken Lay got what was coming to him....
http://biz.yahoo.com/ap/060705/obit_lay.html?.v=5
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."
-Thomas Jefferson 1802
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He got off easy. Now he doesnt have to face the jurors. He spent his last days living in luxory, versus in a jail somewhere.
Originally posted by SKR
You know what, I'm such a ricer. More form than function, oversized exhaust, Japanese engine, and if I put the tailgate down it kind of acts as much like a wing as the picnic table wings the fast and furious guys are bolting to their cars.
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Karma didn't show up. If it did, Ken Lay would've had an heart attack while being raped by jail mate.Originally posted by Mckenzie
Karma's a bitch I guess....
Ken Lay got what was coming to him....
http://biz.yahoo.com/ap/060705/obit_lay.html?.v=5
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Well true but I think that being a millionaire that appears to be in relatively good shape but dying of heart disease at 64 shows that something is going on. The corruption and greed flowed through his body like a disease and took him out....maybe he could have won his appeal....who knows.
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."
-Thomas Jefferson 1802
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