The case has gone to the jury.The Department of Justice argues that the rich guys made off with the Enron cash while the shareholders and employees (though employees less importantly because they're a relative tax burden) got stiffed.
The defense argues that no written laws were broken - the rich Enron guys loved their employees and shareholders (though shareholders to a lesser extent because, you know, employees come first in the minds of corporate executives) and are now suffering at the hands of a politically motivated witch hunt.
Is the DOJ pursuing criminal charges because a DOJ victory closes the door on a scandal that's bigger than Ken Lay and Jeff Skilling? They'll have us believe that a favorable verdict will neutralize the corporate practice of chasing earnings reports for Wall Street investors regardless of actual adjusted income.
In anticipation of the slaughter, Skilling hired LA Media/Contract Attny Daniel (Electroboy) Petrocelli to pursue the nuclear-sized burst of civil legal issues that will result from an acquittal or an appeal, if that's the case.
Ken Lay will most likely just disappear to Aspen.
Did Ken Lay and Jeff Skilling break the law. Yeah, I suppose so. You don't have to look very hard. Everybody's very own criminal record is readily available on the internet for a small fee. Should Ken and Jeff be pursued vigorously via the civil court system for the last spare penny sewn into their breast pocket? Why not? More money for the attorneys and more of our tax dollars expensed for the courtrooms, etc., to accommodate the folly.
On the other hand, did the US Department of Justice pursue an arguably unprincipled and intentionally intimidating investigation in an attempt to raise a criminal prosecution in an otherwise civil legal matter? Well heck, our boys wouldn't do that, would they? That's against the law ... isn't it? I think it is, but I'll have to check since the law may have changed (Patriot Act and all that).
The defense argues that no written laws were broken - the rich Enron guys loved their employees and shareholders (though shareholders to a lesser extent because, you know, employees come first in the minds of corporate executives) and are now suffering at the hands of a politically motivated witch hunt.
Is the DOJ pursuing criminal charges because a DOJ victory closes the door on a scandal that's bigger than Ken Lay and Jeff Skilling? They'll have us believe that a favorable verdict will neutralize the corporate practice of chasing earnings reports for Wall Street investors regardless of actual adjusted income.
In anticipation of the slaughter, Skilling hired LA Media/Contract Attny Daniel (Electroboy) Petrocelli to pursue the nuclear-sized burst of civil legal issues that will result from an acquittal or an appeal, if that's the case.
Ken Lay will most likely just disappear to Aspen.
Did Ken Lay and Jeff Skilling break the law. Yeah, I suppose so. You don't have to look very hard. Everybody's very own criminal record is readily available on the internet for a small fee. Should Ken and Jeff be pursued vigorously via the civil court system for the last spare penny sewn into their breast pocket? Why not? More money for the attorneys and more of our tax dollars expensed for the courtrooms, etc., to accommodate the folly.
On the other hand, did the US Department of Justice pursue an arguably unprincipled and intentionally intimidating investigation in an attempt to raise a criminal prosecution in an otherwise civil legal matter? Well heck, our boys wouldn't do that, would they? That's against the law ... isn't it? I think it is, but I'll have to check since the law may have changed (Patriot Act and all that).
Stay Tuned
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