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Federal prosecutors want Enron Corp. founder Kenneth Lay and former Chief Executive Jeffrey Skilling to fork over nearly $183 million in light of their convictions for perpetuating one of the biggest corporate frauds in U.S. history.
The Snohomish County Public Utility District does not have to pay more than $120 million for canceling its contract with bankrupt energy giant Enron Corp., federal regulators declared Wednesday.
The European Court of Human Rights on Tuesday refused to halt extradition proceedings against three British bankers wanted in the United States on Enron-related fraud charges.
The energy minister said Friday that he's seeking criminal charges against ex-President Gonzalo Sanchez de Lozada and others for allegedly cheating the state in a gas pipeline investment deal.

Former Enron Corp. President Jeffrey Skilling says he contemplated suicide after his company crumbled and authorities began to ratchet up legal pressure on him.
Lawyers for Jeffrey Skilling have asked the government to release $60 million in assets under its control, citing the former Enron Corp. CEO's acquittal on insider trading charges connected to the funds.

Of two former Enron Corp. broadband executives to be retried on fraud and conspiracy charges in the wake of a hung jury last year, one faces prison and the other is free.

Jurors on Wednesday rendered a split verdict in the retrial of two former executives from Enron Corp.'s defunct broadband unit, convicting one while acquitting the other of all charges.

For more than two years, Kenneth Lay portrayed his prosecution as a witch hunt that rose from the rubble of Enron Corp. It was no secret that he planned to testify in his own defense.
Just how much time former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling spend in prison could hinge on how much of the more than $60 billion lost in the company's crash is deemed their responsibility.
A chronology of Enron Corp. and criminal cases emerging from its collapse:

After hearing Thursday that Enron Corp. founder Kenneth Lay and former Chief Executive Jeffrey Skilling had just been convicted of conspiracy to commit securities and wire fraud, former employees' reactions ranged from elation to satisfaction to indifference.

Kenneth Lay and Jeffrey Skilling were known as visionaries, hands-on executives, corporate titans directing the high-flying ship at Wall Street darling Enron Corp. Add another title: convicted felons.
Here is a list of the people charged in connection with the Enron scandal since it erupted in December 2001, and the status of their cases:

Former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling were convicted Thursday of conspiracy to commit securities and wire fraud in one of the biggest business scandals in U.S. history.
Jurors in the retrial of two former executives from Enron Corp.'s defunct broadband unit have yet to reach a verdict, the same as another federal panel deliberating the fates of their former bosses, company founder Kenneth Lay and one-time CEO Jeffrey Skilling.
A federal judge gave final approval Wednesday for three more banks to pay $6.6 billion to settle civil claims that they helped Enron Corp. manipulate earnings.
Kenneth Lay now is awaiting the outcome of two criminal cases.

Two former executives from Enron Corp.'s defunct broadband unit were left in limbo last year when a jury couldn't decide whether they conspired to break accounting rules so the energy giant could book bogus earnings. Now a new jury is deliberating their fates.
Jurors completed a third day of deliberations Monday in the federal fraud and conspiracy trial of Enron Corp. founder Kenneth Lay and former Chief Executive Jeffrey Skilling without reaching a verdict.

Yet another clash of Enron trial titans is on the horizon, but it may be less explosive than the first.
Jurors deliberating the fate of Enron Corp. founder Kenneth Lay and former CEO Jeffrey Skilling have the weekend off after finishing their first full day of deliberations in the premier case to emerge from one of the biggest corporate scandals in U.S. history.
Here is a list of the people charged in connection with the Enron scandal since it erupted in December 2001, and the status of their cases:
The question of whether Enron Corp. founder Kenneth Lay and former Chief Executive Jeffrey Skilling are crooks and liars in what a prosecutor deemed a "historic case" was left in the hands of a jury Wednesday.

Closing arguments start today in the Enron trial. Each side has six hours to summarize the case that has lasted more than 14 weeks and featured 54 government and defense witnesses.

Federal energy regulators rule that Enron's fraud freed the utility from its contract, saving district ratepayers at least $140 million.
Kevin Spacey has revealed that convicted Enron chief Kenneth Lay served as the model for his icy, megalomaniacal portrayal of Lex Luthor in the upcoming 'Superman Returns.'
A. Enron's chairman did meet with the president and the vice president in the Oval Office. B. Enron gave $420,000 to the president's party over three years. C. It donated $100,000 to the president's inauguration festivities.
As an example and promotion for a product that searches company e-mail for privacy violations and other warning signs, Inboxer has made available all e-mail gathered during the Enron trial legal discovery process. Hours of entertainment, and a contest to boot!
Molly Ivins: I'll be damned if Enron's No. 1 show pony politician, George W. Bush, should be allowed to walk away from this.
Mike Rupert calls this In Your Face, the most Most Important " From The Wilderness" (FTW) Story in Two Years...He lays out a time line of the White House oil plans with FOIA dcouments laying a four year long trail which ends with scene from Three Days of the Condor that's an ee …
Robert Parry writes that contrary to the official story, the Bush administration did whatever it could to help Enron as the company began to go under.
Looks like there was at least one good honest businessman in Enron. Too bad he left in 1996 (and helped to turn $40 million investment in a former Enron holding into a $24 billion company today).
Two former Enron executives have been found guilty of fraud and conspiracy in one of the biggest scandals in US corporate history.
Enron founder Ken Lay and his family rank among President Bush’s biggest financial backers of his political career. The family donated about $140,000 to Bush’s political campaigns in Texas and for the White House.
"We fought the good fight," Jeff Skilling said, standing strong after he and "Kenny Boy" Lay were convicted of defrauding Enron stockholders. But what an odd choice of words.
Charles Featherstone writes about Enron's business model and the source of its downfall.
He started as "Kenny Boy." Then he was a "supporter," an acquaintance who had not talked to President Bush in "quite some time." Now he is a man convicted of conspiracy and fraud, and a symbol of corporate corruption.
HOUSTON, we have a verdict. And, if you care about the very future of American business, we also have a bit of a problem. Because this is about much more than the fate of Kenny Boy Lay and Jeff Skilling. This is about us. The Masters of the Universe.
President Bush was being criticized back in 2001 by the Democrats before they would even give his administration a chance. They jumped all over him as a Republican who is tied into "Big Business" that would never prosecute the CEOs.
The guilty verdicts capped a 4½-year effort by the U.S. Department of Justice to prosecute senior Enron executives who were responsible for the most infamous business collapse in corporate history.
Kenneth Lay and Jeffrey Skilling now face long prison terms for the 2001 collapse which involved questionable accounting and arcane financing vehicles to hide an estimated $US40 billion ($A53.18 billion) in debt.
From the article:Former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling were convicted Thursday of conspiracy to commit securities and wire fraud in one of the biggest business scandals in U.S. history. ADVERTISEMENT
Guilty! I wonder if Bush will pardon Lay.
Have fun in prison, boys.
Lay guilty on all counts and Skilling guilty of 20 of 28 counts. Justice prevails!
From the article:Seven years after donating $1.1 million in Enron stock to his alma mater and with little to show for the gift, company founder Kenneth Lay asked the University of Missouri to steer the unspent money to Hurricane Katrina relief.
Under cross-examination, the former Enron chief executive was testy and combative. Will it hurt him?
2005 was a good year for bad corporations. There were no U.S. elections to worry about, with their troubling possibility of politicians running on the popular platform of curbing corporate power.