Enron verdict....

[mede8er]

HOUSTON - Former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling were convicted Thursday of conspiracy to commit securities and wire fraud in 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.

[RallyJon]

A witch! A witch! A witch! A witch! We've found a witch! A witch! A witch! A witch! A witch! We've got a witch! A witch! A witch! Burn her! Burn her! Burn her! We've found a witch! We've found a witch! A witch! A witch! A witch!

[Jim Richards]

Burn the witches!

[Mulhollanddose]

I am still trying to understand how the Clinton regime incompetence was overlooked by the media, as Clinton presided over the economy that allowed for Enron to get over their heads in debt...Not to mention a massive contributor and "friend" to Clinton and his boy Robert Rubin (ex-Tres Sec, now works for one of Enron's biggest financiers).

No scandal there....nooooooooooo

[Jim Richards]

Sandy Berger's skivvies!!!!!

[techweenie]

Watch for Kenny-boy on Dubya's pardon list.

[Jim Richards]

Originally posted by techweenie
Watch for Kenny-boy on Dubya's pardon list.

He may have a get-out-of-jail-free card from both parties. IIRC, Lay wasn't exactly a stranger to Clinton, et al, as the Mul'ster pointed out.

[techweenie]

Originally posted by Jim Richards
He may have a get-out-of-jail-free card from both parties. IIRC, Lay wasn't exactly a stranger to Clinton, et al, as the Mul'ster pointed out.

Mul often points out these things, but often forgets that Clinton is not president and hasn't been for 5-1/2 years. And any relationships Clinton may or may not have had will have little relevance to the next occupant of the white house.

[widebody911]

I wonder if there is a Clinton equivalent

http://www.thesmokinggun.com/archive/0708042lay1.html

[mede8er]

Originally posted by techweenie
Mul often points out these things, but often forgets that Clinton is not president and hasn't been for 5-1/2 years. And any relationships Clinton may or may not have had will have little relevance to the next occupant of the white house.

I don't know 'Mul' as well as you but that line of reasoning is ludicrous.......

[techweenie]

Originally posted by widebody911
I wonder if there is a Clinton equivalent

http://www.thesmokinggun.com/archive/0708042lay1.html

I'm sure at least one person here would volunteer to search Sandy Berger's skivvies on the off chance there were similar notes from Bill.

[DaveE]

Originally posted by Mulhollanddose
I am still trying to understand how the Clinton regime incompetence was overlooked by the media, as Clinton presided over the economy that allowed for Enron to get over their heads in debt...Not to mention a massive contributor and "friend" to Clinton and his boy Robert Rubin (ex-Tres Sec, now works for one of Enron's biggest financiers).

No scandal there....nooooooooooo

I'm still trying to understand how the Bush regime incompetence was overlooked by the media, as Bush presided over the economy that has allowed GM and Ford to get in over their heads .................................................. .................................................. ........................ yadayadayada and more yada

[widgeon13]

Couldn't happen to two bigger crooks. Lots of people are to blame for this.

My sympathy to all those that lost life savings in the debacle, no punishment is too severe for these two *********s.

[deathpunk dan]

may they die in prison...though gen-pop probably won't get a chance to get too close.

[Mulhollanddose]

Originally posted by DaveE
I'm still trying to understand how the Bush regime incompetence was overlooked by the media, as Bush presided over the economy that has allowed GM and Ford to get in over their heads .................................................. .................................................. ........................ yadayadayada and more yada

This whole Enron diversion reminds me of that bumper sticker..."Don't steal--the government doesn't like the competition."

Government abuses in accounting and accountability make Enron look small time.

[Porsche-O-Phile]

Originally posted by Mulhollanddose
This whole Enron diversion reminds me of that bumper sticker..."Don't steal--the government doesn't like the competition."

Government abuses in accounting and accountability make Enron look small time.

Especially under the current administration! I'm glad we agree!

[widgeon13]

These abuses are not restricted to former Enron organization. This ethics breach is rampant throughout business environment and goverment, the two should not be separate arenas.

The issue is lack of ethics and investment community pressing busineses to improve performance during every measured period.

[legion]

Originally posted by DaveE
I'm still trying to understand how the Bush regime incompetence was overlooked by the media, as Bush presided over the economy that has allowed GM and Ford to get in over their heads .................................................. .................................................. ........................ yadayadayada and more yada

Please cite any sources that explain how:

-Bush instructed GM and Ford to base their business models on building large, gas hungry, SUVs.
-It is Bush's responsibility to override this and other bad decisions made by the management at GM and Ford.

[Superman]

Dang gubmit. If they'd just keep their regulatory hands off business.......

[gaijindabe]

O.K. fess up - who owned Enron stock? Who believed the hype? What were they worth - more than IBM or something.