Strictly my gut speaking here - I haven’t followed the trial very closely and my knowledge of the case is pretty much entirely from the documentary, occasional articles in the Houston Chronicle, and comments from friends in Texas - I think Skilling knew what was going on. I’m not as sure if Lay did, but it speaks poorly to his leadership if such egregious fraud was taking place under his nose.
On another note, the nonprofit I worked for after college had its headquarters in the Enron building on Smith Street in Houston. Nice lobby. I was there at least once a week for about two years. Do I get a prize?
[QUOTE=Jebus H. Christ]
And there is totally reasonable doubt about this. They were framed.
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What evidence do you offer that they were framed? I’m not looking for motivations for framing them, side-effects of framing them, possible methods for framing them, or anything like that: what evidence do you offer that they were framed?
[QUOTE=Jebus H. Christ]
And there is totally reasonable doubt about this. They were framed.
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You are an embarassment to the internet.
These men profitted from falsifying legal documents. I believe, and Bricker can correct me if I’m wrong, that this is called FRAUD and it is illegal in all 50 states. Skilling was also nailed for insider trading, which is also illegal. The only railroading was of their employees and their investors. My only complaint was that Treasury took their sweet-ass time slapping an orange jumpsuit on Ken, but I also, having prepared expert testimony for financial cases before, know how time consuming building a case can be.
[QUOTE=Jebus H. Christ]
The government just went after them to take away coverage from the war.
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:smack: How could we have missed this? It’s pretty obvious, given the current aministration’s hatred of oil companies, that they would do anything to take Enron down. They love sticking it to the man.
[QUOTE=Tapioca Dextrin]
:smack: How could we have missed this? It’s pretty obvious, given the current aministration’s hatred of oil companies, that they would do anything to take Enron down. They love sticking it to the man.
[/QUOTE]
That’s what makes it so perfect. Goeing after an oil company.
[QUOTE=Marley23]
Skilling was convicted of insider trading, but on only one of 10 counts. See, the jury knew he was nine-tenths framed! :rolleyes:
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Whoops - I had heard Skilling only got the fraud and conspiracy charges. My bad.
[QUOTE=Jebus H. Christ]
That’s what makes it so perfect. Goeing after an oil company.
[/QUOTE]
Enron wasn’t an oil company, it started as a distributor of natural gas and electricity and builder of power and gas infrastructure. Oil was among the products the company traded, but that was it.