Be INFORMED

Wednesday, December 13, 2006

Jeffrey Skilling Reported To His New Job On Wednesday

Former Enron CEO Jeffrey Skilling  showed up to his new employer Wednesday afternoon ready to pull his 24-year sentence for fraud and other crimes in the collapse  Enron , the former energy giant.

  He arrived at the Federal Correctional Institution in Waseca, Minn. shortly after 1p.m.  Even with time off for good behavior he will still be an old man when he retires from prison life. Skilling is now 53 years old.

Skilling and Enron founder Ken Lay were convicted  on many counts of fraud, conspiracy, insider trading and other charges in the collapse of the Houston-based Enron, which cost thousands of jobs, more than $60 billion in company stock and more than $2 billion in employee pension plans.

Skilling's request to remain free on bond pending his appeal was denied by a federal judge on Tuesday.    Read more from  The AP .

     It is about time that one of these top of the ladder crooks gets to go to prison.  Ken Lay, Enron's founder, got out the easy way. He had a heart attack and died. Justice was still served, a bit!            Michael d.

 

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Does Snow Know Anything?

   I wonder quite alot as of late why Tony Snow even bothers to have the White House press briefings. He gets up to the podium, makes his little speech, takes questions from the reporters and usually more often than not he answers with " I don't know."

   Maybe Tony is spending to much time still trying to explain " My pet goat" to Mr. Bush?

    ABC's Martha Raddatz  pressed on Bush's talks with Iraq experts. "I'm not going to," said Snow. Caren Bohan of Reuters asked whether a personnel shakeup was discussed. "I'm not going to talk about anything that may or may not have been discussed," he said, adding: "I don't want you to interpret it either way, other than as a principled stonewalling."

  Anyway, you get the picture. If you do not , then here is MORE

 

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