Enron (Axis of Evil) Ponders Pay Out
I stumbled across this little treasure while pondering the fate
of Kenny Boy Lay and wondering where he really is hiding out.
Given the ultra quick cremation and nonautopsy of Lay, and his penchant for prevarication ...one would need a full set of horse blinders to believe otherwise.
And what of all the financial institutions and accounting firms who were so willing to hop in bed with ENRON and lie through their teeth. Well it seems the people will finally get some money...
(if we can get the news media to shed some light on this and keep the heat on)
Judge mulls $7.8B Enron settlement plan
By JUAN A. LOZANO
Lawyers for the lead plaintiffs in a lawsuit that has recouped about $7.8 billion lost by Enron Corp. shareholders and investors asked a judge Friday to give preliminary approval of their plan to distribute the funds, calling the proposal fair and reasonable.
But attorneys representing other investors and shareholders who are also part of the ongoing litigation objected, saying the plan unfairly allocates moneys and dismisses some legitimate claims.
...Earlier, "May 25, 2006: 7:35 PM EDT
HOUSTON (CNNMoney.com) - Enron former chief executive Jeffrey Skilling and founder Kenneth Lay were both found guilty Thursday of conspiracy and fraud in the granddaddy of all corporate fraud cases.
On the sixth day of deliberations, a jury of eight women and four men convicted the former executives of misleading the public about the true financial health of Enron, whose collapse in late 2001 symbolized the wave of corporate fraud that swept the United States early this decade.
Ex-Enron CEO Jeffrey Skilling walks away from reporters in Houston after a jury found him guilty of 19 counts of fraud, conspiracy, false statements and insider trading.
Special Reportfull coverage
Skilling gets 24 years
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Skilling's possible new home
Skilling sentence likely to be a long one
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Meet the players
Find out who you might have seen at the Enron trial, how they got involved, and what they're doing now.Launch gallery
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Jeffrey Skilling and his attorney spoke to reporters after the former Enron CEO was found guilty of conspiracy and fraud. (May 25)
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Ken Lay made some brief comments after receiving a guilty verdict. (May 25)
Skilling was found guilty on 19 counts of conspiracy, fraud, false statements and insider trading. He was found not guilty on nine 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. (Click here for the defendants' reactions)
... What they do not say is that Cheney/Bush invited ENRON to the White House shortly after their occupation there began, to plan the invasion of Iraq and sacking of the oilfields there.
When the Center for Public Integrity sued Cheney to have the names of the people in that meeting released to the public - the Supremes did their bidding yet again and refused PUBLIC access to the attendees of a meeting that took us to war.
Even the mainstream media is now reporting the Bush league justice of America under the rule of the Bush crime family for over sixty years, only now made apparent by the Idi Amin son of this Bush generation.
While Bush projects HIS evil on the world and then tries to kill others for it, we watch, ...he operates above the law,
...there is no law, no recorded history and now truth applicable to these bullies they quite simply have America - kowed.
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