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Topic: Jeff Skilling

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Tom Skilling

Enron

Kenneth Lay

Richard Causey

Timeline of the Enron scandal

Pension fund losses with Enron

Andrew Fastow

Daniel Petrocelli

Vincent of Beauvais

Corporate America

Delian League

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Hallsburg, Texas

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	FOXNews.com - Federal Appeals Court Orders Former Enron CEO Jeff Skilling to Prison Immediately - Business And Money \| ...
		Skilling is now required to report to a low-security federal prison in Waseca, Minnesota, to begin serving his 24-year sentence on 19 counts of conspiracy, fraud and insider trading.
		Skilling, 53, is expected to argue on appeal that his trial should have been moved from Houston to avoid negative publicity and that many witnesses who could have supported his defense were intimidated by the government's refusal to grant them immunity and feared risking prosecution if they testified.
		Skilling was convicted in May after a lengthy trial that ended with U.S. District Judge Sim Lake sentencing him to 24 years and four months in prison, the harshest punishment given to any of the disgraced former Enron executives.
	www.foxnews.com /story/0,2933,236147,00.html (615 words)

	frontline: blackout: interviews: jeff skilling \| PBS
		Skilling joined Enron in 1990, and in February 2001 he became the company's president and chief executive officer.
		In the regulated electricity markets, says Skilling, consumers were paying twice as much as they should have for power.
		But since power transmission is a natural monopoly, he says, regulation is necessary in order to ensure that companies have open access to the pipes.
	www.pbs.org /wgbh/pages/frontline/shows/blackout/interviews/skilling.html (4175 words)

	Ex-Enron CEO Jeffrey Skilling indicted in Houston - Feb. 19, 2004
		The charges against Skilling and Causey allege that from 1999 to 2001 the two men used various devices and schemes to manipulate Enron's financial results.
		Skilling's lawyers have repeatedly said he relied on his subordinates, lawyers and accountants at Enron, where he relinquished the No. 2 post just months before the company's finances collapsed in late 2001.
		Skilling served as president and COO of Enron from late 1996 to early 2001.
	money.cnn.com /2004/02/19/news/companies/skilling (977 words)

	Posts by Jeff Kosty at Enron Blog
		The documentary "Enron: The Smartest Guys in the Room,'' features Jeff Skilling in a skit mocking company accounting methods that were used to hide debt off the books.
		For all Jeff Skilling's public bravado about how great everything was at Enron, he spent most of his time dealing with a host of serious problems the part of the job he had always despised.
		Like all those in Jeff Skilling's small inner circle at Enron, Lou Pai, as CEO of Enron Energy Services, operated with his boss' unquestioning support.
	www.enronblog.com /bloggers/jeff-kosty (2407 words)

	The Jeffrey Skilling Page - with info on - jeff skilling biography
		Skilling, who headed Enron from February to August 2001, surrendered to the jeff skilling biography Federal Bureau of Investigation on February 19, 2004 in connection to the fraud charges against Enron and Skilling's predecessor/successor in the CEO position, Kenneth Lay.
		Skilling had a breakdown on the streets of New York City in April 2004, in which he harassed people on the street and accused total strangers of being undercover FBI agents.
		Skilling greeted the California energy crisis with amusement, jokingly asking one meeting of Enron employees the difference between California and the Titanic ("At least when the Titanic went down, the lights were on").
	www.taxglosses.com /Jeff-to-Journ/Jeffrey_Skilling.html (2771 words)

	abc13.com: Jeff Skilling reports to Minnesota federal prison
		Skilling and Enron founder Ken Lay were convicted last May on numerous counts of fraud, conspiracy, insider trading and other charges in the collapse of the Houston-based firm, which led to the loss of thousands of jobs, more than $60 billion in company stock and more than $2 billion in employee pension plans.
		A better comparison for Skilling's sentence, Caldwell said, are those received by other disgraced CEOs like Bernard Ebbers of Worldcom, serving a 25-year sentence; and Dennis Kozlowski of Tyco International Ltd., who got eight and one-third to 25 years in prison in another fraud case.
		Former Enron CEO Jeff Skilling began serving his 24-year sentence Wednesday when he reported to a Minnesota federal prison.
	abclocal.go.com /ktrk/story?section=local&id=4848975 (690 words)

	Foolish Flashback: Enron's Jeff Skilling [Fool.com] February 02, 2006
		Skilling, who was Enron's president and chief operating officer at the time, talked to David Gardner about the company's presence on the Internet, as well as his views of the California power shortage.
		Jeff Skilling: Well, if you take that original premise, that what we are doing is creating markets, the Internet is perfect to help facilitate the development of those markets.
		Jeff Skilling: (Laughs.) Now the magnifying problem here, David, is that it is occurring in a marketplace that has been designed by the government.
	www.fool.com /investing/general/2006/02/02/foolish-flashback-enrons-jeff-skilling.aspx (1409 words)

	Jeffrey Skilling at AllExperts
		Jeffrey Keith "Jeff" Skilling (born November 25, 1953) is the former CEO of Enron Corporation, who was convicted of federal felony charges relating to Enron's financial collapse.
		Skilling, who headed Enron from February to August 2001, surrendered to the Federal Bureau of Investigation on February 19, 2004 in connection to the fraud charges against Enron and Skilling's predecessor/successor in the CEO position, Kenneth Lay.
		Skilling was indicted on 35 counts of fraud, insider trading, and other crimes related to the collapse of Enron.
	en.allexperts.com /e/j/je/jeffrey_skilling.htm (991 words)

	Jeff Skilling: Enron's Missing Man
		Under Skilling's philosophy of shedding assets and valuing "intellectual capital," those who pitched the next deal were the heroes; those who worried about creating solid assets for the next decade "wore a scarlet A" and were marginalized, says a former manager.
		After all, Skilling and other top managers fostered the belief that they were the best and that they were on a mission to open markets across the globe in the face of entrenched, lumbering monopolies.
		Skilling, whom the classmate remembers as "a kid who concentrated on the book work rather than the social aspects of going to high school," seemed less concerned about business problems than with his difficult divorce--he told former classmates that he had spent too little time with his family.
	bodurtha.georgetown.edu /enron/jeff_skilling_enrons_missing_man.htm (1993 words)

	Ex-Enron CEO Jeff Skilling faces sentencing Monday - RealTime
		Skilling was tried and convicted with the company's former chairman Kenneth Lay but he will be sentenced alone.
		Skilling spent seven days on the stand denying guilt and promising to fight the charges for the rest of his life.
		Skilling's lawyer, Dan Petrocelli, has asked that his client be allowed to remain free on bond pending appeal or to surrender January 2 or at least no earlier than November 27, after the Thanksgiving holiday.
	realtime.com /realtime_news/12120673_ex_enron_ceo_jeff_skilling_faces_sentencing_monday.html?pageid=nandu.home&pageregion=A4 (645 words)

	Houston's Clear Thinkers: The injustice of the Jeff Skilling case
		Skilling was acquitted on all counts of insider trading except for his sale of 500,000 shares of Enron stock for approximately $31 dollars per share on September 17, 2001.
		Shortly after resigning, Skilling shorted the stock of one of Enron’s competitors, AES Corp. As a result, Skilling was considering selling shares of Enron on September 6, 2001 to create what is known as a “bull hedge” to spread risk throughout his portfolio.
		Skilling (along with most investors) became concerned about the effect that the event would have on the market and sold a large portion of his Enron shares on the day the markets reopened.
	blog.kir.com /archives/2006/12/the_injustice_o.asp (4859 words)

	Foolish Flashback: More With Jeff Skilling [Fool.com] February 03, 2006
		Skilling, who was Enron's president and chief operating officer at the time, talked to David Gardner about the company's video-on-demand project and which numbers investors should watch to monitor the company's progress.
		Jeff Skilling: Well, we feel that we are probably competitively advantaged in markets that are not particularly efficient [and] need that efficiency, and they are markets that tend to have very complex logistic systems attached to them, like a gas pipeline network or an electric transmission network or a fiber optic network.
		Jeff Skilling: The other one would be in our retail business -- to look at the dollar value of contracts that we are signing to provide energy services to large commercial and light industrial customers.
	www.fool.com /investing/general/2006/02/03/foolish-flashback-more-with-jeff-skilling.aspx (1650 words)

	Ex-Enron CEO Jeff Skilling Sentenced to 24 Years in Prison (Site not responding. Last check: )
		Skilling also disputed reports that he had no remorse for his role in the fraud that led to Enron's collapse in 2001, which wiped out thousands of jobs, more than $60 billion in market value and more than $2 billion in pension plans.
		Skilling maintained his innocence before, during and even after his trial, insisting no fraud occurred at Enron other than that committed by a few executives skimming millions in secret side deals, and that bad press and poor market confidence combined to sink the company.
		Skilling has asked that he be allowed to remain free on bail pending his appeals in the case.
	www.newsmax.com /archives/articles/2006/10/23/160353.shtml?s=br (1061 words)

	Idiots in the boardroom - Salon
		Lay, Skilling and all the rest of Enron's hapless gang of latter-day robber barons are practically household names by now, and we've all got our pet theories about their complicity in one of the biggest business disasters of all time.
		We also know that Andrew Fastow, the man hand-picked by Skilling to be Enron's chief financial officer, was a major-league scammer, a man who managed to pocket some $60 million while setting up deals between Enron and special partnerships that he ran.
		Jeff Skilling was supposed to be one of the most brilliant businessmen of his generation, a man who left smashed paradigms in his wake wherever he traveled.
	www.salon.com /books/review/2005/03/15/eichenwald/index.html (1192 words)

	BW Online \| February 11, 2002 \| Jeff Skilling: Enron's Missing Man
		After all, Skilling and other top managers fostered the belief that they were the best and that they were on a mission to open markets across the globe in the face of entrenched, lumbering monopolies.
		Skilling, whose father was a sales manager for a valve company, was used to success long before he joined Enron.
		Skilling, whom the classmate remembers as "a kid who concentrated on the book work rather than the social aspects of going to high school," seemed less concerned about business problems than with his difficult divorce--he told former classmates that he had spent too little time with his family.
	www.businessweek.com /magazine/content/02_06/b3769051.htm (1912 words)

	Twenty Year Sentence - Did Jeff Skilling Kill Someone? - Associated Content
		The verdict Wall Street has been waiting for is in with Enron CEO Jeff Skilling receiving a sentence of 24 years four months for his conviction in a stock fraud scandal.
		It is considered by many Wall Street observers to be a severe sentence, but not to the four thousand people who lost their jobs and the dozens of others who lost millions in pension benefits when the energy giant collapsed and filed bankruptcy in 2001.
		Skilling once stated in an interview with a Wall Street Journal reporter that he’d been in a depression after the Enron bankruptcy, but that his indictment had ‘lifted his spirits’.
	www.associatedcontent.com /article/77236/twenty_year_sentence_did_jeff_skilling.html (501 words)

	Imprisoned Enron boss Jeff Skilling asks for retrial - MarketWatch
		Skilling, found guilty on May 25, 2006, on 19 charges of fraud and insider trading, vowed at the time that he would mount an appeal.
		Skilling, the 53-year-old protégé of Enron founder Kenneth Lay, served as CEO of Houston-based Enron for a mere six months in 2001.
		Skilling quit suddenly in August 2001 as reports began to surface that the company's $68 billion market cap was built to a large extent on an elaborate web of inside deals the company had used to hide debt and pump up the value of its stock.
	www.marketwatch.com /enf/rss.asp?guid={75E68DFD-E545-43C4-95A0-08C5A7C17935}&siteid=rss&rss=1 (628 words)

	Former Enron Ceo Jeff Skilling Testifies In His Own Defense
		Skilling also contended that most of the other Enron officials who pleaded guilty in exchange for their cooperation with prosecutors are also innocent, and made the deals under pressure.
		In their presentation to the court, prosecutors painted a picture of Skilling as a ruthless and cunning corporate official, who approved of those schemes.
		But in his comments to the jury Monday, Skilling said he believed Enron was in good financial shape when he left for personal reasons in August of 2001.
	www.voanews.com /english/archive/2006-04/2006-04-10-voa58.cfm (358 words)

	Jeff Skilling Grilled By Enron Prosecutor - Business - RedOrbit
		Skilling, who left Enron around the same time as the Watkins memo, has testified that he did not know of the memo until months later.
		However, Skilling's name is a prominent feature of the Watkins memo to Lay.
		The prosecutor then grilled Skilling on his sale of 500,000 shares of Enron stock on the first day the financial markets opened after the Sept. 11, 2001, terrorist attacks.
	www.redorbit.com /news/business/472659/jeff_skilling_grilled_by_enron_prosecutor/index.html (225 words)

	Skilling: The CEO Who Wasn't There \| TIME
		Jeff Skilling did show up to testify, and he did indeed have, as he said, "a story to tell." He just wasn't in most of it.
		Both said they went to Skilling with their concerns about the shady partnerships — and to get his approval on them — and Skilling reportedly gave them the coldest of executive shoulders.
		Skilling showed up in the lion's den because he thought he could run circles of deniability around Tauzin and his gang.
	www.time.com /time/nation/article/0,8599,201536,00.html (690 words)

	CBC News: Enron's Jeff Skilling begins 24-year prison term
		Former Enron CEO Jeffrey Skilling reported to federal prison Wednesday to begin serving his 24-year sentence for fraud and other crimes in the collapse of the former energy giant.
		Skilling and Enron founder Ken Lay were convicted last May on numerous counts of fraud, conspiracy, insider trading and other charges in the collapse of the Houston-based firm.
		A better comparison for Skilling's sentence, Caldwell said, are those received by other disgraced CEOs like Bernard Ebbers of WorldCom, serving a 25-year sentence, and Dennis Kozlowski, of Tyco International Ltd., who got eight and one-third to 25 years in prison in another fraud case.
	www.cbc.ca /storyview/AOLNC/world/national/2006/12/13/skillingprison.html (523 words)

	Scoop: The Failure of Jeff Skilling's Deregulation
		Skilling's charisma and Enron's hefty political contributions helped turn the concept of a competitive electricity into federal law.
		And now Skilling, for all his hubris, is headed to a federal penitentiary where he will spend the next 24 years sorting out his life after being found guilty of conspiracy, fraud, and a laundry list of other charges related to the financial machinations that brought down Enron Corporation five years ago.
		That's what Skilling and other energy company executives said during the height of the California energy crisis when charges of deceptive trading practices were hurled at them.
	www.scoop.co.nz /stories/HL0610/S00393.htm (3228 words)

	The Ayn Rand Institute: The Media's Mistreatment of Jeff Skilling
		Irvine, CA--Upon hearing the news that former Enron CEO Jeffrey Skilling was sentenced to 24 years, most Americans, trusting the newspaper articles and books they have read on Enron, think that justice has been served.
		Few know that the prosecution, unable to prove a conspiracy, spent huge swaths of the trial taking pot-shots at Skilling with issues not even mentioned in the indictment, such as the failure of Skilling, a multi-millionaire many times over, to disclose a failed $50,000 investment to Enron's board.
		And the mistreatment of Skilling is part of a broader trend: the trend of treating businessmen as guilty until proven innocent.
	www.aynrand.org /site/News2?page=NewsArticle&id=13515&news_iv_ctrl=1221 (407 words)

	The Media's Mistreatment of Jeff Skilling
		Few know that the prosecution, unable to prove a conspiracy, spent huge swaths of the trial taking pot-shots at Skilling with issues not even mentioned in the indictment, such as the failure of Skilling, a multi-millionaire many times over, to disclose a failed $50,000 investment, to Enron's board.
		Ever since the fall of Enron, most of the media have treated as fact every conceivable smear against Skilling, made by ax-grinding prosecutors or ex-Enron employees, while treating as absurd Skilling's claim that he neither engineered a conspiracy nor lied to investors.
		And the mistreatment of Skilling is part of a broader trend: the trend of treating businessmen as guilty until proven innocent.
	www.freedom.org /news/200610/26/epstein.phtml (416 words)

	Big Four Blog: Andersen's Nemesis, Jeff Skilling is Served Due Justice
		Jeff Skilling was sentenced Monday to more than 24 years in prison.
		He allowed Skilling to remain out of jail, but mostly confined to his home with an electronic monitor on his ankle.
		Skilling, was "disappointed" by the verdict but would appeal the 19 criminal counts against him.
	bigfouralumni.blogspot.com /2006/10/andersens-nemesis-jeff-skilling-is.html (459 words)

	YouTube - Jeff Skilling Goes To Prison
		Jeff Skilling's life post-Enron for the next 25...
		Jeff Skilling's life post-Enron for the next 25 years.
		Jeff Skilling Enron Prison Houston Tim Blake Nelson Soggy Bottom Boys
	www.youtube.com /watch?v=YXJd0EdtdzI (675 words)

	Hey Norton! - Ken Norton's blog - The time I flew on the Enron corporate jet to meet Jeff Skilling
		Jeff gave a quick speech about how Enron was going to revolutionize the bandwidth industry just as they forever changed the way natural gas was bought and sold.
		Skilling would later say "I am not an accountant" when asked by a Senate panel about Enron's financial dealings and balance sheet woes.
		Skilling was indicted in February 2004 and charged with 35 counts of securities and wire fraud.
	www.heynorton.org /blog/2005/05/enron.html (4530 words)

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