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Non-Tech : The Enron Scandal - Unmoderated -- Ignore unavailable to you. Want to Upgrade?


To: olivier asser who wrote (3235)5/10/2005 12:18:46 PM
From: Glenn Petersen  Read Replies (1) | Respond to of 3602
 
I doubt that the judge will allow the tapes to be introduced as evidence as they are probably not germane to the charges against Skilling, Lay and Causey. I also doubt that anyone who has seen the movie will be allowed on the jury. The movie is damning.

It will be hard to get an impartial jury in Houston. Common sense would seem to dictate that a home town jury would not be in the best interests of the defendants, but who knows. They only need one juror to say "not guilty." Being tried in New York certainly did not help Ebbers. It will be interesting to see what happens with Scrushy, who does have a home town jury.

Eliminate the juries, and the possibility that one juror was asleep, and these guys are all doing time.

chron.com

May 10, 2005, 6:53AM

THE FALL OF ENRON

Sentencing dates for four are put off, most until 2006

All of them may testify against Lay and Skilling


By MARY FLOOD
Copyright 2005 Houston Chronicle

Sentencing dates for four Enron defendants cooperating with the government have been pushed back, some of them so far into next year that these felons might actually be sentenced on these dates.

The sentencing dates are largely a formality to keep cases current on judicial calendars.

The 15 people who have pleaded guilty in the Enron cases have generally seen their sentencing dates reset over and over. They have agreed to testify for the government and will all likely be sentenced after prosecutors find they have cooperated fully, which means they will be sentenced after the last case in which their testimony could be needed.

Andrew Fastow, Enron's former chief financial officer, whose wife, Lea, is now serving a one-year term on a misdemeanor tax charge, is now scheduled to be sentenced in June 2006 by U.S. District Judge Kenneth Hoyt.

Fastow pleaded guilty to one charge of conspiracy to commit wire fraud and one charge of conspiracy to commit wire and securities fraud and faces a maximum of 10 years in prison in his cooperating agreement with the Enron Task Force.

Fastow is expected to be a witness in the long-awaited trial of former Chairman Ken Lay, former CEO Jeff Skilling and former top accountant Rick Causey. It's scheduled to begin in January and will likely take at least three months to try.

Michael Kopper, a cohort of Fastow who admitted giving kickbacks to him and who pleaded guilty to money laundering and conspiracy, also had his sentencing date reset until June 2006 before U.S. District Judge Ewing Werlein.

Kopper testified in the Nigerian barge trial of four former Merrill Lynch bankers and two former Enron executives. All but one of the former Enron executives were convicted in that case. He could easily be called to testify again in the January case.

Mark Koenig, yet another likely witness in the January case, had his sentencing date reset until May 2006 in front of Werlein. Koenig, the former head of Enron's investor relations section, pleaded guilty to a charge of aiding and abetting securities fraud.

And Paula Rieker's sentencing has been reset until September of this year in front of U.S. District Judge Melinda Harmon. Rieker also will likely testify in the January trial and therefore has little chance of being sentenced this fall. The former director of investor relations and secretary to its board of directors, Rieker pleaded guilty to insider trading.