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Enron Executives Guilty on Most Counts
Thomas S. Mulligan, Times Staff Writer
9:14 AM PDT, May 25, 2006
Former Enron executives Kenneth L. Lay and Jeffrey K. Skilling were found guilty today on most counts in their landmark conspiracy and fraud case.
In the end, the jury of eight women and four men embraced the testimony of a parade of former Enron executives who said Lay and Skilling lied publicly about the energy company's financial health and condoned, if not actively encouraged, the use of accounting tricks to boost reported profits and hide debt.
http://www.latimes.com/business/la-052506enron_lat,0,2099388.story?coll=la-home-headlines
Thomas S. Mulligan, Times Staff Writer
9:14 AM PDT, May 25, 2006
Former Enron executives Kenneth L. Lay and Jeffrey K. Skilling were found guilty today on most counts in their landmark conspiracy and fraud case.
In the end, the jury of eight women and four men embraced the testimony of a parade of former Enron executives who said Lay and Skilling lied publicly about the energy company's financial health and condoned, if not actively encouraged, the use of accounting tricks to boost reported profits and hide debt.
http://www.latimes.com/business/la-052506enron_lat,0,2099388.story?coll=la-home-headlines