From MSNBC: Former Enron Chief Executive Officer Jeffrey Skilling, the most vilified figure from the financial scandal of the decade, was sentenced Monday to 24 years and four months in the harshest sentence yet in the case that arose from the energy trading giant’s collapse.
Hooray! Finally we get something a little more appropriate.
Skilling was convicted in May on 19 counts of fraud, conspiracy, insider trading and lying to auditors.
Thousands of people’s lives were seriously affected by the Enron collapse, and all those responsible deserve what they get (and, in most cases, much worse).
Prosecutors have also asked that Skilling turn over nearly $183 million, which they claim he pocketed while at Enron. The U.S. government had divided that amount between Skilling and Lay. But Lay’s death has left that amount solely with Skilling.
During his trial, Skilling listed his remaining assets as including a $5 million mansion in Houston, a $350,000 condo in Dallas, a Mercedes Benz, two Land Rovers and nearly $50 million in stocks and bonds frozen by the government.
He’ll prolly ruin the whole thing by dying just like Ken Lay.