Lay and Skilling convicted in Enron case by Dayve

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Lay and Skilling convicted in Enron case

POSTED BY: DAYVE
UPDATED: Friday, May 26, 2006 15:26
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Thursday, May 25, 2006 9:15 AM

so, i guess Justice isn't so blind after all

http://www.truthout.org/docs_2006/052506Y.shtml

....doG is my Copilot....

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Thursday, May 25, 2006 11:19 AM

RIVER6213

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Thursday, May 25, 2006 2:30 PM

SEVENPERCENT

Unbelievable - These guys took hundreds of people for everything they had, committed all sorts of financial crimes, and helped craft the energy policy that's dragging this country down the tubes, then they have the nerve to say this:

Quote:
"I firmly believe I'm innocent of the charges against me," Lay said following the hearing. "We believe that God in fact is in control and indeed he does work all things for good for those who love the lord."

http://news.yahoo.com/s/ap/enron_trial;_ylt=AgYoH3bG8uPL6CCazXFnpdOs0N
UE;_ylu=X3oDMTA2Z2szazkxBHNlYwN0bQ--

Yes. Because stealing pensions, bankrupting the working man, and being convicted of criminal charges just screams Jesus and love of the Lord.

------------------------------------------
"A revolution without dancing is no revolution at all." - V

Anyone wanting to continue a discussion off board is welcome to email me - check bio for details.

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Thursday, May 25, 2006 2:38 PM

RUE

I have a vote and I'm not afraid to use it!

Quote:
"We believe that God in fact is in control and indeed he does work all things for good for those who love the lord."

What a bunch of cra ... sorry, .... piffle.

I have to admit I was getting worried. I couldn't help but wonder what was taking so long.

Nearly everything I know I learned by the grace of others.

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Thursday, May 25, 2006 2:54 PM

PDCHARLES

What happened? He see your face?

Quote:
Originally posted by rue:
I have to admit I was getting worried. I couldn't help but wonder what was taking so long.

Yeah, Big G figured it was time to use the mega-nozzle to fill up the reserves again.
...AND squeegee the atmo.

Wha?!?... *sniff sniff* OH.... IM ON FIRE!!!

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Thursday, May 25, 2006 3:11 PM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)

The thought that scares me is the idea that Dubya just might pardon his good buddy Ken Lay once he's a little closer to the end of his presidency. It's one of those things leaving Presidents do; they get a list of "pardonable" people and they have the power to pardon them for damn near any crimes they've committed. Clinton did it for his buddy (and big-time Clinton campaign supporter) Marc Rich, Ford did it for Nixon (for any crimes he "may have committed"); I could definitely see Bushie pardoning Ken Lay, and possibly Skilling as well.

And they didn't rob "hundreds" - more like thousands. More like TENS of thousands. They basically stole these people's retirement, health care, homes, and livelihoods, and in many cases pretty much destroyed their lives. Sure, they COULD face life in prison, but who wants to bet they'll get a few years at most, and be pardoned from even serving that long?

Guess Bob Dylan had it right:

"Steal a little and they'll throw you in jail
Steal a lot and they'll make you king."

Here's hoping they at least get sent to a "pound-'em-in-the-ass" prison, where they can truly discover what it's like to get really screwed.

Mike

"Human beings are perhaps never more frightening than when they are convinced beyond doubt that they are right."
- Laurens van der Post

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Thursday, May 25, 2006 5:18 PM

DAYVE

Quote:
Originally posted by Kwicko:
Here's hoping they at least get sent to a "pound-'em-in-the-ass" prison

Probably a minimum security, fluffy pillow, tennis resort kinda place... although I can't think of any of those in Texas..... there are plenty of bad friggin prisons in the lone star state... (the Walls would be tough), but these guys will probably go elsewhere.

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Thursday, May 25, 2006 5:22 PM

SHADOWFLY

Quote:
Originally posted by Dayve:

so, i guess Justice isn't so blind after all

http://www.truthout.org/docs_2006/052506Y.shtml

....doG is my Copilot....

Justice at last.

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Thursday, May 25, 2006 5:40 PM

KWICKO

Oh, yeah, Dayve, there's minimum-security prisons here in Texas. There's one right outside Austin, as a matter of fact (near Bastrop). We call it "Club Fed", although I don't think it's really a federal prison. One of the former "guests" was talking on the radio one day, telling how they used to "sneak out" to go buy beer. You can "sneak out" of prison? And you go back on your own? Some crazy world...

Me, I'd like to see Lay & Skilling heading into gen-pop in a REAL Texas prison, but it probably ain't gonna happen. They'll do Federal minimum-security time, if they do any time at all. Apparently, if you're rich, white, and rob thousands of people of millions of dollars, it's not really as much of a crime as if you were poor, a minority, and robbed a Texaco station of $12. Does that seem right to you?

I'm not trying to be "soft" on crime or defend a gas station stick-up man; I'm just saying that he's certainly no worse a criminal than the asshat in the $1200 suit who gleefully, willfully, maliciously, and remorselessly robs families of their life savings, and then has the gall to claim that Jeebus is on his side. Pieces of excrement like that deserve to be hanged from telephone poles, then let their victims go at 'em like they were piñatas at the Cinco de Mayo celebration. Hey, it was good enough for Il Duce...

Sometimes I really miss vigilante justice. How much does a fifty-cal sniper rifle sell for these days? ;)

Mike

"Human beings are perhaps never more frightening than when they are convinced beyond doubt that they are right."
- Laurens van der Post

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Friday, May 26, 2006 3:29 AM

DAYVE

Quote:
Originally posted by Kwicko:
Apparently, if you're rich, white, and rob thousands of people of millions of dollars, it's not really as much of a crime as if you were poor, a minority, and robbed a Texaco station of $12. Does that seem right to you?

No, of course not... in fact i've known people who got some really horrendous jail time for a few seeds found in their car ashtray.... the criminal justice system in this country (& certainly TX) is, or seems to me at least, totally biased according to race, social status and of course the rich vs. poor...(like you said).
And that's why i try to fly as low under the radar as possible.. of course coming into public forums such as this one can probably come back to bite you in the ass... (they're everywhere)...

Quote:
How much does a fifty-cal sniper rifle sell for these days? ;)

i saw a .50 cal handgun the other day...(didn't even know they existed)....guy offered to let me shoot it, but i declined since i needed the use my arm the rest of the day.....

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Friday, May 26, 2006 7:42 AM

HERO

Quote:
Originally posted by Dayve:
Probably a minimum security, fluffy pillow, tennis resort kinda place... although I can't think of any of those in Texas

They can go to any Federal Prison, doesn't have to be in Texas. Probably be Allenwood in PA. Minimum security. Nine hole golf course, four star chef, gangrapes optional, etc.

H

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Friday, May 26, 2006 8:42 AM

DAYVE

Quote:
Originally posted by Hero:
They can go to any Federal Prison, doesn't have to be in Texas

That's right - the Houston Chronicle is all over this, naturally.. but in an article today entitled "White-collar status no ticket to 'Club Fed' it is stated that 'experts' predict "Skilling & Lay are likely to receive sentences of between 12 & 25 years and any sentence of more than 10 practically guarantees a more secure prison, because sentence length is a major factor in placement... common inhabitants of such units are drug felons, scam artists, child pornographers & sometimes people with violent pasts who have shown good behavior in more secure units...."

Sentences of more than 25 years would mean a step up to a medium security prison.

Of couse these guys will stay free on bail for some time while the appeals process drags on, but they will inevitably go to a Federal prison... they will still have clout...and I doubt if the Bureau of Prisons would want the bad PR if Lay or Skilling were assaulted during their time there.

link to todays Chronicle here -
http://www.chron.com/news/specials/enron/

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Friday, May 26, 2006 9:29 AM

RUE

I have a vote and I'm not afraid to use it!

Quote:
Of couse these guys will stay free on bail for some time while the appeals process drags on, but they will inevitably go to a Federal prison... they will still have clout...and I doubt if the Bureau of Prisons would want the bad PR if Lay or Skilling were assaulted during their time there.

I'm guessing Lay will drag out his appeals for the rest of his natural days. Skilling might find it a stretch.

One step ahead of the jailer ...

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Friday, May 26, 2006 9:33 AM

RUE

I have a vote and I'm not afraid to use it!

double post

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Friday, May 26, 2006 9:35 AM

RUE

I have a vote and I'm not afraid to use it!

partial accounting of the Enron toll:

- Loss of $60 billion in market value

- Loss of $2.1 billion in pensions

- Loss of 5,600 jobs

Not to mention the billions siphoned from energy consumers due to Enron's price-rigging, and the total drag on the national economy.

They've got a LOT to answer for.

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Friday, May 26, 2006 9:43 AM

DAYVE

There is some interesting reading over at Truthout.org about the Bush administrations ties to Ken Lay/Enron if anyone is interested. I know that just because a site has the name Truth in it doesn't always mean that it is unbiased and truthout.org usually takes a liberal view, but it does dig for the truth and it always backs it statements with facts.. here's a bit of the article i'm referring to:

Grateful Bush

Once in the White House, a grateful Bush gave Lay a major voice in shaping energy policy and picking personnel. Starting in late February 2001, Lay and other Enron officials took part in at least a half dozen secret meetings to develop Bush's energy plan.

After one of the Enron meetings, Vice President Cheney's energy task force changed a draft energy proposal to include a provision to boost oil and natural gas production in India. The amendment was so narrow that it apparently was targeted only to help Enron's troubled Dabhol power plant in India. [Washington Post, Jan. 26, 2002]

Other parts of the Bush energy plan also echoed Enron's views. Seventeen of the energy plan's proposals were sought by and benefited Enron, according to Rep. Henry Waxman, D-Calif. One proposal called for repeal of the Public Utility Holding Company Act of 1935, which hindered Enron's potential for acquisitions.

read the entire article here -
http://www.truthout.org/docs_2006/052606J.shtml

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Friday, May 26, 2006 3:26 PM

RUE

I have a vote and I'm not afraid to use it!

Bumping this 'cause people need to look at Bush's kleptocracy.

Nearly everything I know I learned by the grace of others.

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