YASNY Posted May 25, 2006 Share Posted May 25, 2006 Will be announced at 12 EDT, 11 Central. Link to comment Share on other sites More sharing options...
southsider2k5 Posted May 25, 2006 Share Posted May 25, 2006 Burn baby, burn. Link to comment Share on other sites More sharing options...
YASNY Posted May 25, 2006 Author Share Posted May 25, 2006 I'm with you there. They need to throw this guy under the jail. Link to comment Share on other sites More sharing options...
Queen Prawn Posted May 25, 2006 Share Posted May 25, 2006 I third that thought. Link to comment Share on other sites More sharing options...
YASNY Posted May 25, 2006 Author Share Posted May 25, 2006 GUILTY!!!! Link to comment Share on other sites More sharing options...
Balta1701 Posted May 25, 2006 Share Posted May 25, 2006 Mr. Skilling, the forecast is for a long time in Jail. Same for you Kenny Boy. Bye bye. Link to comment Share on other sites More sharing options...
kapkomet Posted May 25, 2006 Share Posted May 25, 2006 Duh. No shock there. Link to comment Share on other sites More sharing options...
FlaSoxxJim Posted May 25, 2006 Share Posted May 25, 2006 QUOTE(kapkomet @ May 25, 2006 -> 12:07 PM) Duh. No shock there. No, but a small measure of justice that has been a long time coming. Link to comment Share on other sites More sharing options...
kapkomet Posted May 25, 2006 Share Posted May 25, 2006 QUOTE(FlaSoxxJim @ May 25, 2006 -> 04:08 PM) No, but a small measure of justice that has been a long time coming. It's all Bush's fault. (I really am just kidding, Flaxx. I agree with you, these guys need to go pound Bubba for a while). Link to comment Share on other sites More sharing options...
FlaSoxxJim Posted May 25, 2006 Share Posted May 25, 2006 Link to comment Share on other sites More sharing options...
Texsox Posted May 25, 2006 Share Posted May 25, 2006 They were the poster boys for reform. Ten years, hell five years earlier, and they would have received a slap on the wrist. Link to comment Share on other sites More sharing options...
YASNY Posted May 25, 2006 Author Share Posted May 25, 2006 QUOTE(Texsox @ May 25, 2006 -> 11:30 AM) They were the poster boys for reform. Ten years, hell five years earlier, and they would have received a slap on the wrist. Sorry for their luck. Link to comment Share on other sites More sharing options...
Texsox Posted May 25, 2006 Share Posted May 25, 2006 QUOTE(YASNY @ May 25, 2006 -> 11:31 AM) Sorry for their luck. How many others escaped prosecution? I hope this stops anyone else from screwing stockholders and employees. Link to comment Share on other sites More sharing options...
YASNY Posted May 25, 2006 Author Share Posted May 25, 2006 QUOTE(Texsox @ May 25, 2006 -> 11:33 AM) How many others escaped prosecution? I hope this stops anyone else from screwing stockholders and employees. I wasn't questioning your post. For all the people lives these assholes ruined, I wish they'd hang 'em. Link to comment Share on other sites More sharing options...
Balta1701 Posted May 25, 2006 Share Posted May 25, 2006 Former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling were convicted Thursday of conspiracy to commit securities and wire fraud in a case born from one of the biggest business scandals in U.S. history. The verdict put the blame for the demise of what was once the nation's seventh-largest company squarely on its top two executives. It came in the sixth day of deliberations following a trial that lasted nearly four months. Lay was also convicted of bank fraud and making false statements to banks in a separate trial related to his personal banking. Lay was convicted on all six counts against him in the trial with Skilling. Skilling was convicted on 19 of the 28 counts against and acquitted on the remaining nine. Current guesstimates are on the order of 20-30 year sentences. The State of California finally gets a little bit of payback, thanks to the Feds. Link to comment Share on other sites More sharing options...
southsider2k5 Posted May 25, 2006 Share Posted May 25, 2006 Link to comment Share on other sites More sharing options...
Balance Posted May 25, 2006 Share Posted May 25, 2006 You can put 'em in the jail.... YES!!! Link to comment Share on other sites More sharing options...
southsider2k5 Posted May 25, 2006 Share Posted May 25, 2006 Odd quirk... Sentencing is on Sept 11th. Link to comment Share on other sites More sharing options...
kapkomet Posted May 25, 2006 Share Posted May 25, 2006 damn it, don't move this when I am posting! Anyway, as I was saying, this reminds me of a place that I was - keyword WAS - employed on a much smaller scale. Bank Fraud... Link to comment Share on other sites More sharing options...
YASNY Posted May 25, 2006 Author Share Posted May 25, 2006 QUOTE(kapkomet @ May 25, 2006 -> 12:00 PM) damn it, don't move this when I am posting! Anyway, as I was saying, this reminds me of a place that I was - keyword WAS - employed on a much smaller scale. Bank Fraud... How much time did you get? Link to comment Share on other sites More sharing options...
The Ginger Kid Posted May 25, 2006 Share Posted May 25, 2006 QUOTE(Balta1701 @ May 25, 2006 -> 09:49 AM) Current guesstimates are on the order of 20-30 year sentences. The State of California finally gets a little bit of payback, thanks to the Feds. wonder if Gray Davis will get his job back now? Link to comment Share on other sites More sharing options...
kapkomet Posted May 25, 2006 Share Posted May 25, 2006 QUOTE(YASNY @ May 25, 2006 -> 05:09 PM) How much time did you get? As I started seeing what was happening (restating earnings for the three years prior to me being there due to a write off of receivables (ahem, no real basis for billed revenue) was my first clue) I was out of there PDQ. There were other "incidents". Link to comment Share on other sites More sharing options...
southsider2k5 Posted May 25, 2006 Share Posted May 25, 2006 QUOTE(kapkomet @ May 25, 2006 -> 01:29 PM) As I started seeing what was happening (restating earnings for the three years prior to me being there due to a write off of receivables (ahem, no real basis for billed revenue) was my first clue) I was out of there PDQ. There were other "incidents". Was this the bankruptcy? Link to comment Share on other sites More sharing options...
mr_genius Posted May 25, 2006 Share Posted May 25, 2006 these guys deserve jail time. 30 years minimum. Link to comment Share on other sites More sharing options...
illinilaw08 Posted May 25, 2006 Share Posted May 25, 2006 QUOTE(mr_genius @ May 25, 2006 -> 12:53 PM) these guys deserve jail time. 30 years minimum. No doubt, probably more. Guys like this are one of the reasons I decided to go to law school, here's hoping my ideals don't end up going to s*** Link to comment Share on other sites More sharing options...
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