|
A federal jury today convicted former Enron Corp. top executives Jeffrey K. Skilling and Kenneth L. Lay of multiple fraud charges, writing a powerful coda to the government’s four-year-old push to hold executives accountable for wrongdoing on their watch.
Skilling, 52, and Lay, 64, once stood near the pinnacle of American business, as the energy trading powerhouse they created out of a stodgy pipeline company grew to become the nation’s seventh-largest public company. But their fortunes collapsed in a heap along with the business when it declared bankruptcy in December 2001.
[more] <http://www.washingtonpost.com/wp-dyn/content/article/
2006/05/25/AR200...>
|