That is patently a false statement. In fact, the entire case against Arthur Anderson was overturned in a landmark 9-0 US Supreme Court Decision, due to there being NO CRIME! The "Special Prosecutor", which included some of the same people and tactics being used in the Russia probe today, made up the crime, which did not exist! Out of a world-wide accounting firm with 85,000 employees, perhaps twenty were involved with the Enron account, and THEY were unaware of the unethical, but NOT illegal actions of the Enron Board of Directors in allowing their CFO'S close dealings with two entities IN which HE HAD MAJORITY INTEREST.
In fact, the special prosecutor issued immunity to the leaders of Enron to instead go after four mid-level managers of Merrill Lynch for what became known as the Barge tax deal, involving a mere $6.78 million in which a profit of less than $700 was booked over a six months period long before the Enron collapse. . . during which, it turnout, the prosecutors suborned perjury, hid exculpatory evidence, manufactured false evidence, refused "Brady disclosures" they knew about to the defense, unconstitutionally actively conspired to hide the Brady evidence, lied numerously times to the judge about the Brady evidence, ran defendants into bankruptcy, over-charged offenses (sound familiar?), and threw white collar "Indictees" into solitary confinement to force confessions from innocent men, named everyone in sight as "unindicted co-conspirators" under threat of being indicted if they testified for, or even talked to, the defense, got the judge to refuse baii, and demanded ridiculously long sentences of up to 37 years for "crimes" the accused did not even have a material gain from committing.
The prosecution's novel theory was that these four men had essentially embezzled fund from Enron by "depriving Enron of the fair value of the services" of Enron's CEO and CFO in doing this ~$7 million barge deal with them. This, illogically, ignores the fact that Enron's CEO and CFO approached Merrill Lynch with the barge proposal in the first place! There also is no such "crime" as illegally depriving another company of its employees time unless one BRIBES them. There was no bribe alleged. Ergo, no crime on Merrill Lynch's part. Zip. None. It was a standard business transaction. . . and so the 5th circuit ruled!
After all was said and done, the convictions of the four Merrill Lynch employees had all their convictions reversed except two counts, the convections of two counts for Dan Brown for lying to a Grand Jury about his understanding about the content of a phone call in which he was not even a participant, and the obstruction of justice for that claimed perjury. . . but he was told in the GJ hearing to answer the question, even if it was just his opinion, right or wrong (one appellate justice wrote even those were not crimes and were in fact based on truthful statements and should be reversed, but the two liberals on the panel overruled him)! There is no way to lie about one's opinionbut that was what he was convicted of doingadd also that Brown was on record as opposing that Merrill Lynch even enter into the deal with Enron!
Those were the ONLY convictions left standing out of the over $150 billion Enron failure. . . and it was later found that Brown's opinion was TRUE! He did not lie. . . but he's left with a felony record.
Again, there was no underlying crime for the prosecutors to ever bring the cases in the first place! The Fifth Circuit Court of Appeals threw it all out! And the real crooks were given immunity so the prosecutors could go after inconsequential made up "crimes" that supposedly were committed years before and had NOTHING to do with Enron's collapse. (Again, sound familiar?)
But even THEN, these idiot Federal Prosecutors attempted to RETRY ALL FOUR MEN ON THE SAME CHARGES THE 5TH CIRCUIT HAD DECLARED UNCONSTITUTIONAL! And their idiot pet Federal Judge was allowing it!!!! The defense went to all the expense of preparing for trial when the day before trial was to commence they discovered the prosecutors had not contacted ant of the original witness from the first trial. . . and were unprepared to go to trial! instead they tried to bluff and force plea bargains. The defense refused and the prosecutors folded. . . after eleven years and more than $15 million plus bankrupting all the defendants and DESTROYING Arthur Anderson for something they DID NOT DO!
Read "Licensed to Lie, Exposing Corruption in the Department of Justice," by Lyndsey Powell, an ex-U.S. Attorney. One name: Andrew Weissmann. . . He was on the Enron task force and is Mueller's chief of staff. . . he plays dirty.
Those were the ONLY convictions left standing out of the over $150 billion Enron failure. . . and it was later found that Brown's opinion was TRUE! He did not lie. . . but he's left with a felony record.
What about Jeff Skilling?
Jeffrey Keith "Jeff" Skilling (born November 25, 1953) is a former American businessman best known as the CEO of Enron Corporation during the Enron scandal. In 2006, he was convicted of federal felony charges relating to Enron's collapse and, as of 2018, is serving a 14-year prison sentence at FPC Montgomery in Montgomery, Alabama.[2][3]After two appeals to the Supreme Court, he got one charge nullified, but then reinstated by a three judge panel of the circuit court. Eventually he was able to get his sentence reduced, but the convictions all stand.Trial Results:
- guilty on one count of conspiracy
- guilty on one count of insider trading
- guilty on five counts of making false statements to
- auditors
- guilty on twelve counts of securities fraud
- not guilty on nine counts of insider trading
According to the Bureau of Prisons, Skilling is incarcerated in FPC Montgomery and is scheduled for release on February 21, 2019. His original release date was in 2028,[46] but his sentence was reduced due to a sentencing agreement he struck with federal prosecutors in May 2013.[47]
Can you clarify your statement vis a vis this information?