It will be appealed, but to the 5th Circuit, which is highly unlikely to overturn Judge Lake.
Skilling is toast.
Except that he gets 6-8 more weeks to walk around and contemplate the universe, as he is wont to do.
I didn't even see his ankle bracelet when he spoke just now and walked around. Surely he has it on - they can't be trusting him to come back and have it fitted! Even Martha Stewart showed off her bracelet and where it was chafing her leg.
Egad, he is such pondscum. You should have heard his little pontificating speech to the media a while ago.
*All we needed was an A+ rating instead of a BB- and we'd have had the $2bn-3bn float we needed. That's all! We wouldn't even be here talking if the credit bankers had done it right. Yeah, broadband was a mistake on my part, but if we'd had that other $3 billion, that would've just been a blip.*