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Thursday, May 25, 2006

Lay, Skilling Convicted

Ken Lay and Jeff Skilling were convicted of conspiracy and fraud for their leadership of Enron during its collapse. A sorry tale is over.

Sadly, Sarbanes-Oxley, which was produced from the scandal, is still going strong. Too bad that Congress didn't have to take the same pledge as CEOs when and perform audits of the Social Security books. The whole lot would go to jail for that ponzi scheme.