First Enron Criminal Case Set for Trial

[mconvente]

HOUSTON (Reuters) - Nearly three years after Enron Corp.'s (Other OTC:ENRNQ - news) dramatic collapse into bankruptcy, the first criminal trial against the disgraced energy company's former employees is set to kick off on Monday.


Although the case against the two ex-Enron workers and four former employees from Wall Street giant Merrill Lynch & Co. Inc. (NYSE:MER - news) concerns an obscure 1999 deal to sell power-generating barges in Nigeria, it is sure to garner attention from other Enron executives who are awaiting trial.


"I think this trial is going to set the stage for all the cases coming down the line," said Gene Murphy, a litigator with law firm Bryan Cave in Chicago.


The trial, originally scheduled to begin in June, is the first of three pending criminal actions against Enron employees, and will shed light on how the Justice Department (news - web sites) plans to seek convictions against Enron's top brass.


Ken Lay, Enron's former chairman, his former Chief Executive Officer Jeffrey Skilling and the company's former chief accounting officer, Richard Causey, all are facing multiple charges in a separate case related to the company's downfall.

link: http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=568&e=1&u=/nm/20040918/bs_nm/enron_merrill_trial_dc

Good. Finally, corporate criminals will get the punishment they deserve for screwing elderly couples out of their entire retirement savings.

[whistle]

1. Ah nutts, I was hoping your post would say George W. Bush...

[mconvente]

2. yeah well

since obviously shrub's repuke cronies worked at enron, they should put him in the slammer too - right in the cell with big bubba

[HEyHEY]

3. goodie gum drops

[mconvente]

4. haha nice first sig pic

=P

[olddem43]

5. They should keep them all in jail until

everyone who lost money gets every last penny back.