Originally posted by: Falcon39
A lot of people are saying they will only get 2 - 3 years, I think that's dead wrong. Skilling in particular faces a maximum of 185 years in jail, and I think you'll find he will spend most of the rest of his life behind cars.
Originally posted by: Baked
Both Lay and Skilling could face 20 to 30 years in prison, legal experts say.
In rich people term, that means 6-9 months in minimum security penitentiary where the residents are corporate execs. found guilty of insider trading, stealing money from the company, and cooking the books.
Originally posted by: GeneValgene
"Once in prison, Lay and Skilling could be living with drug dealers and gang members"
$20 says he gives them pardons on his way out the door.Originally posted by: Vic
Great news. Better than I would have ever hoped. With his low approval rating, I don't think Bush will dare to interfere. Here's to hoping that both those fsckers rot in prison a long time and then die there.
You'll probably spend more time in prison than those two as well.Originally posted by: boomerang
Sentencing is sometime in September.
Go rob a 7-Eleven, get convicted, and see how long it takes to get sentenced.
Originally posted by: frankgomez75
http://money.cnn.com/2006/05/25/news/ne...ers/enron_verdict/index.htm?cnn=yes[/lhttp://[/L]
Skilling was found guilty on 19 counts of conspiracy, fraud, false statements and insider trading. He was found not guilty on eight counts of insider trading.
Lay was found guilty on all six counts of conspiracy and fraud.
In a separate bench trial, Judge Sim Lake ruled Lay was guilty of four counts of fraud and false statements.
Both Lay and Skilling could face 20 to 30 years in prison, legal experts say.
Originally posted by: 0roo0roo
an actual business man that doesn't deserve to be in jail... a chinese jail
Chinese American Languishes in Chinese Jail
Listen Listen (segment)
Eight years ago, Chinese-American businessman Jude Shao got a visit from the tax man in his Shanghai office as he was rushing to catch a plane back to the U.S. When Shao returned to China, he was arrested, charged, convicted and sentenced to 16 years for tax evasion.
http://www.kqed.org/programs/program-landing.jsp?progID=RD37
Originally posted by: Wuffsunie
$20 says he gives them pardons on his way out the door.Originally posted by: Vic
Great news. Better than I would have ever hoped. With his low approval rating, I don't think Bush will dare to interfere. Here's to hoping that both those fsckers rot in prison a long time and then die there.
Kinda depressing.Originally posted by: sygyzy
Agreed. 2-3 years max.Originally posted by: mordantmonkey
they won't. they have friends in high places *couBUSHESgh*. none that want to tarnish their career by directly offering assistance. But i'm sure strings will get pulled to send them to a nice "white collar" federal prison, the kind with minimal security, long walks on the beach, and without ass raping. too bad though.