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Blog: In the Pipeline by Frank Ahrens

No Foul Play
Heart of the Defense
Note From the Afterlife?

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Live Discussions

Carrie Johnson discussed Jeffrey Skilling's sentencing in a live discussion on Tuesday, Oct. 24.

Enron Executives Convicted

Kenneth Lay

Kenneth L. Lay

Enron's founder and former chief executive was found guilty of all 10 charges against him -- covering conspiracy, false statements, securities fraud and bank fraud -- in two separate trials. Jurors said Lay's combative courtroom demeanor contrasted with his grandfatherly, genial public image and did little to counter the prosecutors' attack on his credibility. In July, Lay died of heart disease, before his sentencing. After his death, a judge revoked his conviction.

Jeffrey K. Skilling

Jeffrey K. Skilling

Painted by prosecutors as a mastermind of massive fraud, Enron's former chief executive was found guilty of 18 counts of conspiracy, money laundering and securities fraud and one count of insider trading, but innocent of nine other counts of insider trading. During his testimony, Skilling failed to explain personal stock trades and displayed memory lapses about key events. On Oct. 23, Skilling was sentenced to 24 years, four months in prison.

Latest Headlines

A federal appeals court yesterday thwarted attempts by a group of Enron investors to sue investment banks over their role in the Houston energy trader's collapse, giving Wall Street a powerful weapon to defend itself against future claims.
 
Skilling's Last Stand (Post, October 20, 2006)
 
IRS pays Enron whistleblower $1.1 million (Post, March 16, 2011; 10:58 AM)
 
Digest: Judge denies Skilling bail request (Post, September 4, 2010)
 
Supreme Court takes narrow approach on anti-fraud law (Post, June 28, 2010; 1:39 PM)
 
Supreme Court Will Hear Sarbanes-Oxley Challenge: Accounting Oversight Board Wields Too Much Power, Plaintiffs Say (Post, May 19, 2009)
 
U.S. Court Orders Skilling Resentenced (Post, January 7, 2009)
 
Don't Blame Mark-to-Market Accounting (By Allan Sloan, October 28, 2008)
 
Enron Investors to Share $7.2 Billion Settlement (Post, September 10, 2008)
 
Sarbanes-Oxley Upheld By Court as Constitutional (Post, August 23, 2008)
 
Skilling Didn't Deprive Enron of 'Honest Services,' Attorney Says (Post, April 3, 2008)
 
Citi Settlement Ends Enron Creditors' 'Mega Claims' Suit (Post, March 27, 2008)
 
Court Declines Enron Investors' Appeal (Post, January 23, 2008)
 
Enron Investors Petition Justices: Ruling Protects Banks From Suits (Post, January 18, 2008)
 
Corporate Fraud Lawsuits Restricted: Enron and Other Shareholders Limited by Court (Post, January 16, 2008)
 
Three Linked to Enron Fraud Plead Guilty (Post, November 29, 2007)
 
A Year Later, Prosecutors Fight To Keep Enron's Skilling in Prison (Post, November 14, 2007)
 
Guilty Plea to End Crusading Lawyer's Lucrative Run (Post, September 19, 2007)
 
William S. Lerach (Post, September 19, 2007)
 
Skilling Appeals Enron Conviction, Asks for a New Trial (Post, September 8, 2007)
 
Enron Plaintiffs Get More Support: Legislators Join Bid On Investors' Rights (Post, July 31, 2007)
 
Last of 15 Enron Defendants Sentenced: Former Broadband Chief Gets Lesser Prison Term After Aiding Prosecutors (Post, June 19, 2007)
 
Investors, Advocates Worry About U.S. Position on Fraud Recovery (Post, June 9, 2007)
 
Broad S& P 500 Hits Record High: Market Slowly Recovers From Tech Bust (Post, May 31, 2007)
 
SEC Is Urged To Pursue Banks In Enron Fraud (Post, May 10, 2007)
 
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