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Non-Tech : The Enron Scandal - Unmoderated

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To: Raymond Duray who wrote (2751)8/30/2003 2:42:12 PM
From: Glenn Petersen  Read Replies (1) of 3602
 
A Gilsan plea would put them one step closer to Skilling. The Fastow trial has been moved back due to a scheduling conflict with the Super Bowl. From this week's Business Week (no link - registration required)

UpFront

Enron Watch

Slowing Down The Fastow Trial

The first trial of a former Enron employee is being delayed-and the defense has the Super Bowl to thank.

Lea Fastow, previously Enron assistant treasurer and wife of former CFO Andrew Fastow, has pleaded not guility to money laundering, filing false tax returns, and conspiracy. Jury selection was to begin on Jan. 27, 2004, but with the Super Bowl in Houston on Feb. 1, the trial could have been a logistical mess, Fastow's lawyer said. Hotels are already booked up. Says defense lawyer Mike DeGeurin: "The government would benefit as much as anybody." by the delay, since the prosecution will not longer have to make its case during distracting festivities. The trial now starts on Feb. 10.

The defense was hoping for a longer reprieve. Lea's lawyers had been trying to get her trial postponed until after her husband's. They argued that his testimony could help his wife, but that he had to wait until his trial to protect his rights against self-incrimination. So much for chivalry.

-- Wendy Zellner
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