ENRON verdict
Former Enron chiefs Ken Lay and Jeff Skilling were found guilty today of various charges in connection with the fraud that brought down that company. Good! Now sentence them to a long prison term.
Don't get me wrong, I am still very much pro-business. However, it is honest business practices that I support. Sending these crooks to prison will make a couple others think twice before they consider stealing from their shareholders. Unfortunately, it won't stop most crooks because a common trait amongst crooks is an attitude that they are smarter than the other guy.
posted by LargeBill at 1:20 PM
1 Comments:
Bill, I wasn't too interested in the verdicts in the Enron trial. Lay and Skilling were going to be found guilty. The sentencing is another matter all together. Jail time is meaningless I would advocate fines so onerous as to put them in the welfare lines including the sale of their possesions. Proceeds to be used as restitution of course. Of course this is the thinking of living in a dream world. Likely sentence 5-10 years with a chance for early release to the lap of luxury.
4:33 AM
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