Posted on 05/25/2006 9:11:42 AM PDT by Smedley
Not "strongly," like you said, no.
Harris County sends more criminals to death row. I am surprised that the jurors made their verdict so soon. I expected it by June or even July.
I hope they never smell free air again as long as they live.
I am very happy that Ken Lay was found guilty. All corporate heads of many companies should take heed that they will be responsible and held accountable in a court of law if greed gets in the way of their corporate judgements. But I also feel that a person should sink all of his assets in 401ks. I believe that a person should diversify his assets into low risk mutual funds and annuities.
"This is houston. Responsible citizens go to jury duty and pay attention."
Maybe in criminal cases, but Houston has a rep for making extraordinarily high civil damage awards.
Bookmark
"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'm sorry for your friends and to everyone else that lost money to these scumbags. Enron damaged a lot of people's lives.
If I remember correctly, in the state of Texas, your personal domicile cannot be confiscated in the event of a lawsuit or criminal trial. The Lay's own a $6million dollar condo (probably worth more now) that can't be touched. Anyone familiar with Texas law want to add info?
"Far as I know, we still don't know which one it was."
It was a male teacher, I believe. Name unavailable.
It doesn't do any good to deny the obvious. President Bush's name for him was "Kenny Boy," and the President used Ken's airplane to fly all over the US in his presidential campaign.
President Bush isn't responsible for Enron, or Ken Lay, or what they did. He is responsible for the Justice Department that put Lay in prison.
I personally feel Lay and Skillern are scape-goated, which isn't to say they did no wrong. Their company hurt a lot of people, and they had to swing for it.
Bankruptcy experts say that the Enron bonuses were vulnerable to criticism because they were so large and were paid immediately before the bankruptcy filing, not after.
People who bankrupt a company are owed a bonus? That's like giving a raise to a truck driver who rolls three rigs in a week.
Two set of rules. One for the commoners, another one for the lords.
Yes, but in the case of Social Security most citizens are willfully complicit.
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