Support for LAist comes from
True LA stories, powered by you
Stay Connected

Share This

News

Newsflash! Enron execs found guilty

LAist relies on reader support, not paywalls.
Freely accessible local news is vital. Please power our reporters and help keep us independent with a donation today.
5b2bfda64488b3000926da2a-original.jpg

Score one for the little guy. The verdict is in on the fraud and conspiracy trial of Enron's Kenneth Lay and Jeffrey Skilling, and it's guilty, guilty, guilty. Lay was found guilty on all charges while Skilling was found guilty on 20 of 28 counts (conspiracy, fraud, false statements, insider trading). Maybe they weren't the smartest guys in the room after all.

Here's extensive Enron coverage from our brothers at Houstonist. They've been on the case since the trial began.