The Enron trial verdict is in! Skilling guilty! Lay guilty!
Skilling was found guilty on 19 counts. Apparently he got out of 9 counts of insider trading. Lay was found guilty on all 6 counts! According to legal experts, both scumbags face 20 to 30 years in prison. Of course they will appeal!
Sentecing is scheduled for the week of September 11th. Not sure if that is an omen? One of the biggest drops my 401k ever took was following the September 11th terrorist attacks. The other big drop was when the Enron scandal started off a chain of financial scandals!
Now that we have the Enron trial verdict in, I look forward to seeing these scumbags in jail! I want to see them go away for a long time!
Rot in hell Kenneth Lay and Jeffrey Skilling! Maybe some of your fellow inmates will personally demonstrate on you what you did to your investors and employees!