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Stories Posted on Tuesday, May 16, 2006

Skilling, Lay Not Guilty of Enron Fraud, Lawyers Say (Update6)
Bloomberg - May 16, 2006
... of accusations and coerced witnesses against Kenneth Lay and Jeffrey Skilling while introducing no hard evidence they committed crimes at Enron Corp., a ...
(2006-05-16 23:53:00 GMT)
Enron case: The once mighty Ken Lay awaits his fate
Economic Times, India - May 16, 2006
The last act in the Enron drama has just begun. ... The crooked E, once Enron’s proud corporate logo, and a Wall Street darling, is today a museum memorabilia. ...
(2006-05-16 23:52:00 GMT)
Enron executives committed errors, not fraud, defence team says in ...
CBC.ca, Canada - May 16, 2006
Ken Lay and Jeffrey Skilling may be guilty of bad business judgment at Enron, but the two executives never broke the law, their lawyers argued Tuesday. ...
(2006-05-16 23:49:00 GMT)
 
Defense Rests In Trial Against Enron's CEO
All Headline News - May 16, 2006
Washington, DC (AHN) - The trial against Enron Chief Executive Jeffrey Skilling, is over, with the defense giving its closing arguments in what will surely ...
(2006-05-16 23:39:00 GMT)
Defense paints Enron prosecutors as puppet masters
KRIS-TV, TX - May 16, 2006
... seemed easy to forget who was on trial _ the one-time corporate chieftains Kenneth Lay and Jeffrey Skilling or the federal government's own Enron Task Force. ...
(2006-05-16 22:56:00 GMT)
Skilling, Lay Not Guilty of Enron Fraud, Lawyers Say (Update5)
Bloomberg - May 16, 2006
... of accusations and coerced witnesses against Kenneth Lay and Jeffrey Skilling while introducing no hard evidence they committed crimes at Enron Corp., a ...
(2006-05-16 22:40:00 GMT)
Enron defence team wraps up case
BBC News, UK - May 16, 2006
Government prosecutors rewrote Enron history and bullied witnesses into backing their case against its former bosses, their defence team has argued. ...
(2006-05-16 22:26:00 GMT)
Enron: Final Sale
Forbes - May 16, 2006
Dan Petrocelli began his closing arguments in the trial of former Enron Chief Executive Jeffrey Skilling on Tuesday by admitting he was nervous. ...
(2006-05-16 22:16:00 GMT)
Enron's Lay, Skilling broke no laws: lawyers
ABC News - May 16, 2006
HOUSTON (Reuters) - Ken Lay and Jeffrey Skilling may be guilty of bad business judgment at Enron, but the ruined energy company's two former chief executives ...
(2006-05-16 22:13:00 GMT)
Enron Defense Closes Defiantly
CFO.com Magazine, NY - May 16, 2006
... through it, get out of that courtroom and get home and move on with their lives," Petrocelli reportedly told jurors, referring to former Enron executives who ...
(2006-05-16 21:59:00 GMT)
Prosecutors rewrote Enron history - Skilling lawyer
Moneycontrol.com, India - May 16, 2006
By Matt Daily. HOUSTON (Reuters) - Prosecutors rewrote the history of Enron Corp. and intimidated witnesses to wrongly charge former ...
(2006-05-16 21:23:00 GMT)
Defense: Gov't manufactured Enron case
BusinessWeek - May 16, 2006
MAY. 16 5:17 PM ET The government bore down on Enron Corp. as ... "Because it's Enron. After all, somebody has to pay. It's Enron.". In ...
(2006-05-16 21:21:00 GMT)
Enron prosecution witnesses 'robbed of their free will,' defence ...
Brooks Bulletin, Canada - May 16, 2006
HOUSTON (AP) - Witnesses who testified against former Enron Corp. CEO Jeffrey Skilling were "robbed of their free will" by prosecutors ...
(2006-05-16 21:15:00 GMT)
Enron fraud charges 'absurd': defence attorney
Channel News Asia, Singapore - May 16, 2006
... witnesses into supporting its case, a defence attorney said during closing arguments in the fraud and conspiracy trial against former Enron executives Jeffrey ...
(2006-05-16 20:47:00 GMT)
Skilling's lawyer calls Enron conspiracy theory 'absurd'
USA Today - May 16, 2006
... that the government was engaged in an after-the-fact campaign to "criminalize" standard business practices, the lead attorney for former Enron CEO Jeff ...
(2006-05-16 19:35:00 GMT)
Impassioned Plea At Enron Trial
CBS News - May 16, 2006
(CBS/AP) Witnesses who testified against former Enron Corp. CEO Jeffrey Skilling were "robbed of their free will" by prosecutors ...
(2006-05-16 19:07:00 GMT)
Enron Defense Attorney Presents Closing Arguments
Los Angeles Times, CA - May 16, 2006
... used "snippets" of taped presentations and misrepresented documents to concoct a federal case against the two former top executives of Enron, a defense lawyer ...
(2006-05-16 18:59:00 GMT)
Prosecutors rewrote Enron history: Skilling lawyer (Reuters)
InfoAboutNetwork - May 16, 2006
Reuters - Prosecutors rewrote the history of Enron Corp. and intimidated ... Tuesday. Reuters - Prosecutors rewrote the history of Enron Corp. and ...
(2006-05-16 18:49:00 GMT)
Prosecutors rewrote Enron history-Skilling lawyer
ABC News - May 16, 2006
HOUSTON (Reuters) - Prosecutors rewrote the history of Enron Corp. and intimidated witnesses to wrongly charge former CEO Jeffrey ...
(2006-05-16 18:03:00 GMT)
Enron judge eases way to guilty ruling
Christian Science Monitor, MA - May 16, 2006
HOUSTON – The case against the two top Enron executives goes to the jury Wednesday after 15 weeks of testimony, and it may have just become easier for the ...
(2006-05-16 17:52:00 GMT)
Enron jurors cautioned
KRQE, NM - May 16, 2006
HOUSTON -- Jurors in the Enron case must use "great care" when considering the testimony of witnesses who struck plea deals with prosecutors, the federal judge ...
(2006-05-16 17:41:00 GMT)
Enron duo told 'outright lies'
Australian Financial Review, Australia - May 16, 2006
A prosecutor has accused two former Enron chief executives of "extraordinary arrogance" and called them "masters of the cover story" who pushed the rules and ...
(2006-05-16 17:36:00 GMT)
Defense gets its final turn Tuesday in Enron trial
WIS, SC - May 16, 2006
(Houston, Texas-AP) May 16, 2006 - Jurors at the Enron trial hear from the defense one last time Tuesday. The defense teams contend ...
(2006-05-16 17:25:00 GMT)
Defense Begins Closing Arguments in Enron Trial
Washington Post, United States - May 16, 2006
HOUSTON, May 16 -- A defense lawyer for former Enron Corp. Chief Jeffrey K. Skilling Tuesday told jurors in his fraud trial to "look into his soul. ...
(2006-05-16 17:07:00 GMT)
Defense in Enron Trial Assails Prosecution
New York Times, United States - May 16, 2006
... depressive and burdened with a weakness for drink but ultimately innocent, the lawyer for Jeffrey K. Skilling, a former chief executive of Enron, today ripped ...
(2006-05-16 17:00:00 GMT)
Petrocelli Makes Closing Defense Arguments in Enron Trial
KNX1070, CA - May 16, 2006
HOUSTON, TX (KNX) -- Closing statements continued in the Enron trial today, with the defense attorney for former CEO Jeffrey Skilling saying witnesses who ...
(2006-05-16 15:54:00 GMT)
(BW) National Investor Relations Institute's D-FW Chapter ...
Houston Chronicle, United States - May 16, 2006
... May 24, featuring guest speaker Mark Palmer, former senior vice president and managing director of corporate communications for Enron and collaborator for the ...
(2006-05-16 15:19:00 GMT)
Enron prosecutor closes case
Newsday, NY - May 16, 2006
Former Enron Corp. ... Investors were entitled to know the truth about Enron, Ruemmler said during closing arguments in Skilling and Lay's fraud trial in Houston. ...
(2006-05-16 15:18:00 GMT)
Defense Gets Its Turn Tuesday In Enron Trial
KWTX, TX - May 16, 2006
(May 16, 2006)--Jurors at the Enron trial hear from the defense one last time Tuesday before beginning deliberations. The defense ...
(2006-05-16 15:14:00 GMT)
Enron culture: 'not slaves to the rules'
Advertiser Adelaide, Australia - May 16, 2006
ENRON founder Kenneth Lay and former chief executive Jeffrey Skilling used "hocus-pocus" to cover up a massive fraud that brought down what was once the seventh ...
(2006-05-16 15:06:00 GMT)
Verdict nears for 'hocus-pocus' Enron bosses
Australian, Australia - May 16, 2006
HOUSTON: Enron founder Kenneth Lay and former chief executive Jeffrey Skilling used "hocus-pocus" to cover up the massive fraud that brought down the seventh ...
(2006-05-16 15:02:00 GMT)
Enron Prosecutor: Lay, Skilling 'Chose to Lie'
FOX News - May 16, 2006
HOUSTON — Enron Corp. ... Ruemmler said Lay and Skilling repeatedly lied to pump up Enron's stock price and win adoration from Wall Street and their peers. ...
(2006-05-16 13:40:00 GMT)
Lies drove Enron's fall, prosecutor says
Monterey County Herald, CA - 10
HOUSTON - Enron Corp. ... Ruemmler said Lay and Skilling repeatedly lied to pump up Enron's stock price and to win adoration from Wall Street and their peers. ...
(2006-05-16 13:18:00 GMT)
Prosecutor sums up 'flat lies' in Enron collapse
International Herald Tribune, France - May 16, 2006
HOUSTON A prosecutor accused two former Enron chief executives of "extraordinary arrogance" and called them "masters of the cover story" who pushed the rules ...
(2006-05-16 12:55:00 GMT)
Enron defendants make their final stand
CNNMoney.com - May 16, 2006
HOUSTON (CNNMoney.com) - The defense teams for Enron founder Kenneth Lay and former chief executive Jeffrey Skilling will take the spotlight Tuesday as they ...
(2006-05-16 12:35:00 GMT)
'Don't buy it,' Enron prosecutor tells jurors
St. Petersburg Times, FL - May 16, 2006
In closing arguments, the prosecution says two former Enron executives want to deceive jurors like they deceived their company. By ASSOCIATED PRESS. ...
(2006-05-16 10:53:00 GMT)
Enron jurors hear closing statement
Contra Costa Times, CA - May 16, 2006
HOUSTON - The message from a prosecutor to jurors in the Enron trial Monday was clear: Don't let Kenneth Lay and Jeffrey Skilling turn you into the latest 12 ...
(2006-05-16 10:02:00 GMT)
Prosecutor: Enron execs lied
DetNews.com, MI - May 16, 2006
Enron founder Kenneth Lay, with his wife, Linda, heads to the courthouse on the first day of closing arguments in his fraud trial Monday. See full image. ...
(2006-05-16 09:11:00 GMT)
Jury told fraud, lies destroyed Enron
Bradenton Herald, United States - May 16, 2006
HOUSTON - Enron Corp. founder Kenneth Lay and former Chief Executive Jeffrey Skilling instigated a massive fraud before the company ...
(2006-05-16 09:10:00 GMT)
Enron prosecutor details 'trickery, omissions, lies"?
St. Louis Post-Dispatch, United States - 24
HOUSTON — Enron Corp. ... Ruemmler said Lay and Skilling repeatedly lied to pump up Enron's stock price and win adoration from Wall Street and their peers. ...
(2006-05-16 09:03:00 GMT)

BBC News
Enron 'hocus-pocus' alleged
Calgary Sun, Canada - 4
By AP. HOUSTON -- Enron Corp. founder Kenneth Lay and former CEO Jeffrey Skilling used "hocus-pocus" to cover up a massive fraud ...
Lay, Skilling 'cheated,' Enron prosecutor says Houston Chronicle
US Levels a Final Blast at Enron Chiefs New York Times
'Don't buy it,' prosecutor tells jury of Enron defense Seattle Post Intelligencer
Monsters and Critics.com - CNN - all 743 related
(2006-05-16 08:43:00 GMT)
Prosecutor to Enron jury: Don't be fraud's latest victims
Salt Lake Tribune, United States - May 16, 2006
HOUSTON - The message from a prosecutor to jurors in the Enron trial Monday was clear: Don't let Kenneth Lay and Jeffrey Skilling turn you into the latest 12 ...
(2006-05-16 07:59:00 GMT)
Former Enron bosses 'lied and lied again'
InTheNews.co.uk, UK - May 16, 2006
Former Enron bosses Ken Lay and Jeff Skilling consistently lied to investors about the state of the accountancy firm's health, prosecutors told jurors yesterday ...
(2006-05-16 07:57:00 GMT)
Enron case in closing arguments
Akron Beacon Journal, OH - 14
HOUSTON - Enron Corp. ... Ruemmler said Lay and Skilling repeatedly lied to pump up Enron's stock price and win adoration from Wall Street and their peers. ...
(2006-05-16 07:30:00 GMT)
US blasts Lay, Skilling
Baltimore Sun, United States - 15
By Thomas S. Mulligan. HOUSTON // As closing arguments began yesterday in the trial of former Enron Corp. ... It wasn't Mr. Lay's Enron. ...
(2006-05-16 07:29:00 GMT)
Enron jury hears final arguments
Seattle Times, United States - May 16, 2006
HOUSTON — A prosecutor urged jurors in the fraud trial of former Enron leaders Kenneth Lay and Jeffrey Skilling to "hold them accountable for the choices ...
(2006-05-16 07:17:00 GMT)
Former Enron bosses labeled ‘liars’
Accountancy Age, UK - May 16, 2006
Former Enron bosses Kenneth Lay and Jeffrey Skilling have been accused of being liars and cheats who stole from investors to line their pockets and to boost ...
(2006-05-16 07:06:00 GMT)
Prosecutor to Enron jurors: Don't be conned by 2 execs
Arizona Daily Star, AZ - May 16, 2006
HOUSTON — The message from a prosecutor to jurors in the Enron trial Monday was clear: Don't let Kenneth Lay and Jeffrey Skilling turn you into the latest 12 ...
(2006-05-16 07:05:00 GMT)
Prosecution Lambastes Enron Defendants in Closing Arguments

Lawyers for former Enron executives Kenneth Lay and Jeffrey Skilling make their closing arguments today. Yesterday, it was the prosecution's turn to sum up their case. The prosecution did not hesitate to reiterate their view of the former Enron managers as criminals attempting to escape responsibility for their actions. (2006-05-16 06:00:00 EDT)

'Don't buy it,' prosecutor tells jury of Enron defense
Seattle Post Intelligencer - May 15, 2006
HOUSTON -- The message from a prosecutor to jurors in the Enron trial Monday was clear: Don't let Kenneth Lay and Jeffrey Skilling turn you into the latest 12 ...
(2006-05-16 05:36:00 GMT)
Prosecution: Enron Execs Self-Serving
Los Angeles Times, CA - May 15, 2006
By Thomas S. Mulligan, Times Staff Writer. HOUSTON — As closing arguments began Monday in the trial of former Enron Corp. ... It wasn't Mr. Lay's Enron. ...
(2006-05-16 05:32:00 GMT)
Hewitt: Automatic Enrollment Boosts 401(k)
MSN Money - 8
... have suggested that workers sharply limit the company stock in their accounts following the losses that thousands sustained when companies like Enron Corp. ...
(2006-05-16 05:21:00 GMT)
Closing arguments begin in Enron trial
Cay Compass, Cayman Islands - May 15, 2006
HOUSTON (AP) – By Wednesday, the fates of Enron Corp. founder Kenneth Lay and former CEO Jeffrey Skilling will be in the hands of a dozen jurors. ...
(2006-05-16 05:01:00 GMT)
Silence of the Lambs: Corporate Media Waits Out Rove Indictment
PEJ News, Canada - 8
... credibility *hit storm, most famously for his expose on Army Secretary Thomas White, whose name popped up in connection to the massive Enron electricity fraud ...
Silence of the Lambs: Corporate Media Waits Out Rove Indictment Empire Burlesque
all 2 related
(2006-05-16 04:41:00 GMT)
US Levels a Final Blast at Enron Chiefs
New York Times, United States - May 15, 2006
HOUSTON, May 15 — A prosecutor accused two former Enron chief executives of "extraordinary arrogance" on Monday, and called them "masters of the cover story ...
(2006-05-16 03:35:00 GMT)
Shepherd clears the decks for LLP status
The Herald, UK - 12
... and BCCI. These fears were heightened by the Enron scandal, which destroyed former "big five'' accountant Andersen. Unlike "traditional ...
(2006-05-16 01:56:00 GMT)
'Trickery' alleged at Enron
Richmond Times Dispatch, VA - 11
HOUSTON -- Enron Corp. ... Ruemmler said Lay and Skilling repeatedly lied to pump up Enron's stock price and win adoration from Wall Street and their peers. ...
(2006-05-16 01:47:00 GMT)
Enron trial needed some more celebrities
Dowagiac Daily News, USA - May 15, 2006
Testimony ended May 8 in the federal fraud and conspiracy trial of Enron Corp. founder Kenneth Lay and former Chief Executive Jeffrey ...
(2006-05-16 00:10:00 GMT)
Enron chiefs 'chose to lie'
Advertiser Adelaide, Australia - 8
FORMER Enron CEOs Ken Lay and Jeffrey Skilling chose to lie to investors and cashed in millions dollars in stock as the energy giant imploded, a prosecutor ...
(2006-05-16 00:04:00 GMT)
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The Enron trials will be the most important trials this decade, and will be nearly completely ignored.  Each day, we sort through all the stories to find the most interesting bits and bites.

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