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Enron's Lay, Skilling Found Guilty of Conspiracy and Fraud
FNC ^ | May 25, 2006 | self / news

Posted on 05/25/2006 9:11:42 AM PDT by Smedley

Just on the News - Ken Lay convicted on all counts - Skilling convicted on most of the 28 counts against him. Quick jury verdict.

(Excerpt) Read more at foxnews.com ...


TOPICS: Breaking News; News/Current Events
KEYWORDS: crime; enron; kenlay; kennyboy; skilling; verdict
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1 posted on 05/25/2006 9:11:43 AM PDT by Smedley
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To: Smedley

http://www.freerepublic.com/focus/f-news/1638119/posts

TOAST!


2 posted on 05/25/2006 9:12:36 AM PDT by SE Mom (God Bless those who serve.)
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To: Smedley

Watch for pelosi to come out in minutes linking Lay to Bush.


3 posted on 05/25/2006 9:12:53 AM PDT by Darkwolf377 (What would Thomas Pynchon do?)
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To: Smedley

4 posted on 05/25/2006 9:12:56 AM PDT by Revolting cat! ("In the end, nothing explains anything.")
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To: Smedley

Sic semper tyrannis.


5 posted on 05/25/2006 9:13:00 AM PDT by B-Chan (Catholic. Monarchist. Texan Any questions?)
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To: Smedley

So where will they go? A Country Club like Danbury,CT or to the Real Deal,Marion,IL?


6 posted on 05/25/2006 9:13:38 AM PDT by Gay State Conservative
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To: Smedley

Awesome!


7 posted on 05/25/2006 9:13:47 AM PDT by zook
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To: Smedley

I wonder if the employees and pension funds they fleeced have any chance of recovering any money.


8 posted on 05/25/2006 9:15:16 AM PDT by Right Cal Gal (Conservatives know the names of Tookie's VICTIMS!!)
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To: Gay State Conservative

As far as I know Danbury is no country club.


9 posted on 05/25/2006 9:16:03 AM PDT by Rodney King (No, we can't all just get along.)
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To: Smedley
Sounded like their testimony didn't go very well. Guess the reports were accurate.

I always thought the defense that there was no fraud was pretty silly.

10 posted on 05/25/2006 9:17:01 AM PDT by colorado tanker
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To: Smedley

Isn't it amazing that a jury can quickly convict on a convoluted financial scam while another jury hemmed & hawed in the penalty-phase for a convicted terrorist, Moussaui (sp?). It simply can't be that the terrorism case was more complicated than a high-powered series of fraudulent financial schemes.


11 posted on 05/25/2006 9:18:14 AM PDT by Tallguy (When it's a bet between reality and delusion, bet on reality -- Mark Steyn)
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To: Rodney King
As far as I know Danbury is no country club.

I could swear that I've heard that that's where all the VIP's (politicians,etc)went to do easy time.

12 posted on 05/25/2006 9:18:48 AM PDT by Gay State Conservative
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To: Darkwolf377
Watch for pelosi to come out in minutes linking Lay to Bush.

Or maybe mention Lay's links to the Clinton Aministration and the help Enron got from them in India and the 9 nights Lay spent in the Lincoln bedroom during Clinton's terms....

Oh, nevermind.

13 posted on 05/25/2006 9:19:41 AM PDT by socal_parrot (Pass)
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To: Smedley

Sorry my father-in-law isn't alive to hear the verdict. Enron cost him $200,000 and he never bought a share of their stock (they acquired a perfectly solvent company he already owned then bankrupted it).


14 posted on 05/25/2006 9:19:43 AM PDT by RKV ( He who has the guns, makes the rules.)
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To: Tallguy

It's because of the death penalty that it took so long.


15 posted on 05/25/2006 9:19:49 AM PDT by Mazda3Fan
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To: Tallguy

That's an interesting point you made. I wonder why too.


16 posted on 05/25/2006 9:20:19 AM PDT by MplsSteve
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To: socal_parrot
Oh, nevermind.

This has been portrayed entirely as "Bush's friend convicted." Not a word about how he's been convicted by the government Bush leads, for crimes committed from Clinton's time.

17 posted on 05/25/2006 9:21:34 AM PDT by Darkwolf377 (What would Thomas Pynchon do?)
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To: Darkwolf377
Watch for pelosi to come out in minutes linking Lay to Bush.

They tried to do that in '02. They didn't have to dig far before they found out that Clinton had been in bed with them big time and they backed off of it real fast.

18 posted on 05/25/2006 9:22:14 AM PDT by Allegra (Finbar for Texas Governor!)
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To: Tallguy

This is houston. Responsible citizens go to jury duty and pay attention. I've been two times and both times i had people as equally as conservative as I. Maybe they need to run terror trials here. not in the liberal belly of the beast on the east coast.


19 posted on 05/25/2006 9:23:36 AM PDT by genxer
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To: Right Cal Gal
I wonder if the employees and pension funds they fleeced have any chance of recovering any money.

I have two friends who worked for Enron and had their retirement savings wiped out. They got some recompensation in dribs and drabs, but just a small fraction of what they lost.

I hope Skilling's and Lay's assets can pay these people back substantially.

20 posted on 05/25/2006 9:24:41 AM PDT by Allegra (Finbar for Texas Governor!)
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