Supreme Court To Hear Enron CEO’s Appeal

– Lawyers Admit Former CEO Did Illegal Stuff But Argue That Doesn’t Mean He Violated ‘Honest Services’ Statute; Rest of World Says, ‘Huh?’ –
The Supreme Court yesterday scheduled time on its docket to hear an appeal by former Enron CEO Jeffrey Skilling.
The Court will decide whether to uphold lower court rulings which convicted Skilling on 19 counts of conspiracy, securities fraud, insider trading, lying to auditors and refusing to clap for Tinkerbell.
Skilling and his lawyers are asking the Court to consider whether the “honest services” fraud statute was applied correctly, a move which should make this the fastest case …read more