BREAKING: Lay and Skilling Found Guilty On Multiple Counts


The Enron jury just came back with its verdict.  Ken Lay has been found guilty of all six of his jury trial counts, as well as having been found guilty of banking fraud charges in a bench trial portion of the charges.  Jeffrey Skilling was found guilty of 19 of his 28 charges.

I’ll report more as I get it on this.  This is a huge win for the US Attorney’s office in Houston.  No doubt appeals will be filed on this, but it’s just an enormous verdict to see Ken Lay found guilty of all six of his charges.

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