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To: NormsRevenge

IIRC, much of the defense costs were paid for by directors E&O policies and other liability coverage..no longer the case after the conviction..so they'll have to decide if they each want to throw away several million on an appeal....to merely buy some more time...Since the appeals will most likely lose, at some point Skilling and Lay will havbe to decide if they want to leave something for their families..


7 posted on 05/26/2006 10:50:30 AM PDT by ken5050 (GWB, Reagan, Thatcher, Pope John Paul II, freed hundreds of millions.# of Nobel PeacePrizes: ZERO)
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To: ken5050
decide if they each want to throw away several million on an appeal....to merely buy some more time...

I rather imagine that they do, especially old-man Lay for whom time is now his most precious asset. Surely these creeps have millions in cash tucked away for a rainy day.

10 posted on 05/26/2006 11:04:50 AM PDT by Veto! (Opinions freely dispensed as advice)
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