"I'm sure Andy [Fastow] has lots of $$$ waiting for him when he gets out of treatment."
But, won't he be subject to civil suits by the employee/stockholders who lost so much?
[But, won't he be subject to civil suits by the employee/stockholders who lost so much?]
OJ has never paid a dime re his civil suits, so if that idiot can get away with it, it'll be a cake walk for Fastow.
Look at what has happened so far. Skilling's charges are mainly about financial statements and letters to stockholders. He wasn't found guilty of insider trading or creating the sham companies. The sham companies and the financial statements were the work of...FASTOW! Fastow was the CFO. His wife was a treasurer there. Some of the sham companies were named for her. She gets one year, he gets 5 in a rehab center.
Her family has a lot of money - more now since Andy has been the son-in-law. They owned the Weingarten grocery stores and now own a huge number of shopping centers. They've been a political power for decades. They have been investigated for paying off officials to prosecute people who didn't pay their grocery bills. No wonder they were able to get Andy tried in a different court.
And now everybody is celebrating that a guy who left Enron six months before the collapse is going to prison. The whole fiasco shows how the justice system is manipulated. As they say, it's the best money can buy.
1. ANDREW STUART FASTOW 14343-179 44 White M
Fastow gave up ~$30 million in cash and property as part of his plea agreement (and don't labor under the mistaken idea that the Feds weren't aware of property transfers, which can be unwound).
He'll have to do at least 5 years, and there's a good chance that the Feds will appeal his sentence to try to get it back to the previously-agreed-upon 10 years. Hey, ya pays yer money and ya takes yer chances - Fastow's testimony nailed Lay & Skilling (who gives up ~$45 million). The big kahunas chose a trial, and lost, not unusual that they were facing more time.
'..didn't pay their grocery bills..'- lol, the Weingartens sold their grocery chain what?, 26-30 years ago? Some family members do run a REIT (Weingarten Realty Trust), a very successful one by their record over the last >20 years.