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Trial of Kenneth Lay and Jeffrey Skilling
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Trial of Kenneth Lay and Jeffrey Skilling : ウィキペディア英語版
Trial of Kenneth Lay and Jeffrey Skilling


The trial of Kenneth Lay, former chairman and CEO of Enron,
and Jeffrey Skilling, former CEO and COO, was presided over by federal district court Judge Sim Lake in 2006 in response to the Enron scandal.
==Timeline==

* The trial began January 30, 2006.
* Opening arguments
*
* The defense argued there was much "wickedness", and pressure led to confessions by company leaders, and failure of "market confidence" led to the financial crisis: "13 of the 16 Enron executives who have pleaded guilty to federal crimes were innocent but caved in to intense pressure from federal prosecutors".
*
* Prosecution argues that leaders lied to Wall Street and investors about "crumbling finances".
* Eight former Enron executives testified, the star witness being Andrew Fastow, against Lay and Skilling, their former employers.
* The jury reached its verdict on May 25, 2006, convicting both Lay and Skilling. Lay was also convicted by Sim Lake of charges in a separate bench trial.
* Lay died on July 5, 2006, and his convictions were "vacated" on October 17, 2006.
* Sentencing of Skilling took place on October 23, 2006.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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