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


To: stockman_scott who wrote (3341)12/13/2005 4:39:41 PM
From: Glenn Petersen  Read Replies (1) | Respond to of 3602
 
A little bit of legal jury tampering. It worked for Scrushy, though I doubt that it will work for Lay. Too many local people were hurt in Houston. I am hoping that it does not work for George Ryan.

From the Bloomberg article:

The Scrushy Precedent

Enron disclosed after Lay's return that it had misstated its debt. In December of that year, the Houston-based company filed the second-largest bankruptcy in U.S. history.

Irwin and other criminal defense lawyers point to a similar public-remarks tactic by HealthSouth Corp. founder Richard Scrushy, who was acquitted on criminal fraud charges in June.

Scrushy gave courthouse steps press conferences, hosted a television talk show and preached in a local church before and during his fraud trial earlier this year in Birmingham, Alabama.

``Richard Scrushy took a very aggressive public relations strategy into his defense,'' said Marv Rockford, a Denver-based crisis management and litigation support consultant. Lay is taking ``the Scrushy approach'' by speaking today to The Houston Forum, a business roundtable. A question-and-answer session is scheduled after his remarks.

Scrushy now faces another criminal prosecution and remains vocal in his defense. In October, he was charged with bribing former Alabama Governor Don Siegelman to win an appointment to a state hospital regulatory board. Scrushy pleaded not guilty.