Bye Bye Kenny Boy
Wednesday, December 28, 2005

Its about time, one of the execs at Enron has flipped and will provide information about Ken Lay and Jeffery Skilling, the crooks who ran Enron into the ground and pocketed millions. I have been waiting 5 years to see Kenny Boy go to trial and its set for January, man 2006 is going to be another good year. We got Abramoff singing now an Enron exec, things couldn't get much better. The repubs are going to be hurting from the Abramoff testimony and although Enron isn't directly connected, its tentacles will reach out and rope in a few important names. It won't be long before Kennyboy will be sharing a cell with the likes of Bernie Ebbers of Worldcom and Koslowski of Tyco.

HOUSTON (Reuters) - Enron Corp.'s former chief accountant, Richard Causey, on Wednesday pleaded guilty to securities fraud in exchange for a possible seven-year jail sentence for his role in the 2001 collapse of the power-trading giant.

Causey had been scheduled to face trial next month with former Enron chief executives Ken Lay and Jeff Skilling, but now is likely to cooperate with federal prosecutors against his former bosses as part of his plea bargain.

Causey pleaded guilty to count 19 of the superseding indictment in the case. In the indictment, counts 14 through 20 charge Causey and Skilling with securities fraud in relation to the filing of financial statements. Count 19 specifically deals with the filing of the company's quarterly report for the first quarter of 2001.

Posted by mardenhill 12/28/2005 07:24:00 PM    

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