Good: Lay and Skilling found Guilty
Wow! Lay and Skiling were guilty? It appears those little Granny's in So Cal have the last laugh. Lay's arguments I heard in court was beyond the "reality distortion field" I am accustomed to.
Poor Ken, his sentencing is September 11th of this year.
Sources vary from maximum sentence estimates from 45-165 years. Federal sentencing guidelines are no longer mandatory.
Lay, aged 64, was found guilty on all charges brought against him.
Skilling, 52, was found guilty of the first 35 counts brought against him. He was acquitted, however, of all but one count of insider trading. Skilling sold stock in the company shortly before its downfall.
I guess the "Evil Button" worked for a time, then failed.
