Wednesday, May 13, 2009
Alexei Barrionuevo, New York Times,
Alexei Barrionuevo, New York Times,
Ex-Enron Chief Is Sentenced to 24 Years
Jeffrey K. Skilling, the former chief executive of Enron, was sentenced this afternoon to more than 24 years in prison for his role in the energy giant’s collapse.
He will be forced to forfeit $45 million, which prosecutors said would effectively wipe out his fortune.
At a hearing here in United States District Court, Judge Simeon T. Lake III said of Mr. Skilling, “His crimes have imposed on hundreds, if not thousands of victims a life sentence of poverty.”
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Posted by Editor on 05/13/09 at 07:57 AM •
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