This guy is scum and deserves whatever he gets...HOUSTON - Former Enron CEO Jeffrey Skilling, the most vilified figure from the most notorious financial scandal of the decade, was sentenced Monday to 24 years, four months in the harshest sentence yet in the case that came to symbolize corporate fraud in America.
Skilling, insisting he was innocent yet remorseful in a two-hour hearing, was the last top former official to be punished for the accounting tricks and shady business deals that led to the loss of thousands of jobs, more than $60 billion in Enron stock and more than $2 billion in employee pension plans when Enron collapsed.
For every corporate thief like Skilling, there are literally thousands of honest, hard-working, dedicated small business owners who are pursuing profit the same as Skilling and Ken Lay, only they're playing by the rules. It's a shame that guys like this give regular CEO's, and business in general, a bad name.
No comments:
Post a Comment