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Topic: Jeffrey Skilling


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In the News (Mon 4 Jun 12)

  
  Ex-Enron CEO charged in company's collapse - Corporate Scandals - MSNBC.com
Skilling, the top-ranking executive arrested so far in the scandal that shook Wall Street and Washington alike, was accused of participating in widespread schemes to mislead government regulators and investors about the company’s earnings.
Skilling maintained that he believed Enron was financially healthy when he stepped down, citing personal reasons he has not explained.
Skilling’s former boss, former Enron chairman Kenneth Lay, is referred to by title in the indictment twice: that Skilling reported directly to Enron’s CEO and chairman; and that Enron’s chairman/CEO mentioned a $1.2 billion writedown in shareholder equity during a conference call the day the company announced massive losses in October 2001.
www.msnbc.msn.com /id/4311642   (1203 words)

  
  Jeffrey Skilling - Wikipedia, the free encyclopedia
Skilling was born in Pittsburgh, Pennsylvania the second of four children.
Skilling is the younger brother of Tom Skilling, the chief meteorologist of WGN-TV (Channel 9) in Chicago, Illinois.
Skilling's request to remain free during the appeal was denied by Judge Patrick Higginbotham of the 5th U.S. Circuit Court of Appeals on December 12, 2006.
en.wikipedia.org /wiki/Jeffrey_Skilling   (1396 words)

  
 Jeffrey K. Skilling, Schema-Root news   (Site not responding. Last check: 2007-10-24)
That was the explanation for harsh sentencing of former Enron CEO Jeffrey Skilling, according to Kaminski.
Enron's CEO Jeffrey Skilling received his sentence of 25 years for the Enron debacle and continued to defend his innocence, to the loathing of former employees...
Jeffrey Skilling was ordered Monday to serve 24 years and four months in prison, the harshest punishment by far in Enron's scandalous collapse and one that...
schema-root.org /people/career/business/jeffrey_k._skilling   (992 words)

  
 Worldandnation: Former CEO Jeffrey Skilling: Different roads, but same bad end
Skilling countered that the company was sunk by bad publicity paired with lost confidence in a stock market made skittish by the Sept. 11, 2001, terror attacks.
Skilling, 52, a self-described nerd, was born in Pittsburgh and raised in New Jersey and suburban Chicago.
Skilling testified he quit because he was worn out and had neglected his family.
www.sptimes.com /2006/05/26/Worldandnation/Former_CEO_Jeffrey_Sk.shtml   (471 words)

  
 SignOnSanDiego.com > News > Nation -- Former Enron CEO Jeffrey Skilling arrested for public intoxication, a ...
Skilling, convicted in May of 19 counts of fraud, conspiracy, insider trading and lying to auditors in the investigation following the company's 2001 collapse, was arrested about 1:45 a.m.
Skilling faces 20 to 30 years in prison in the Enron case and is scheduled to be sentenced Oct. 23.
In April 2004, Skilling was involved in a scuffle with patrons of a cigar bar in New York City.
www.signonsandiego.com /news/nation/20060920-2301-enron-skilling.html   (371 words)

  
 Lay, Skilling Guilty - Enron - CFO.com   (Site not responding. Last check: 2007-10-24)
Skilling was acquitted on 9 charges, including most of the insider trading charges.
Skilling faced 28 counts of fraud, conspiracy, insider trading and lying to auditors, as well as a maximum of 275 years in prison if convicted on all counts, according to the Associated Press.
Skilling and Lay countered that the company was in pretty good financial shape, blaming bad press, short sellers and a run-on-the-bank for the company's failure.
www.cfo.com /article.cfm/6994489?f=rsspage   (397 words)

  
 Did Ken Lay and Jeffrey Skilling Receive Justice? - by Paul Fisher and Jim Johnston - The Heartland Institute
Jeffrey Skilling was also convicted of conspiracy (one count), securities fraud (17 counts), and, interestingly, only one count (of 10) of insider trading.
The sole count on insider trading against Jeffrey Skilling is as interesting a paradox as the supposed fraud of hiding "massive" gains and merely "large" losses, to quote the prosecution's indictment.
Skilling is accused of a lot of things, but being dumb about making financial tradeoffs is not one of them.
www.heartland.org /Article.cfm?artId=19608   (1482 words)

  
 SignOnSanDiego.com > News > Nation -- Former Enron chief Jeffrey Skilling says he's ready for fraud and ...
HOUSTON – Former Enron Corp. CEO Jeffrey Skilling is not the haggard, paunchy man he was when he surrendered to the FBI nearly two years ago to face criminal charges stemming from the company's scandalous downfall.
Skilling would not say whether he will testify in his trial, but Petrocelli, who accompanied him in the interview, said he will have a difficult time talking Skilling out of it.
Skilling got in a scuffle outside a cigar bar in New York City in 2004 as he accused his drinking companions of being FBI agents.
www.signonsandiego.com /news/nation/20060120-0110-enron-skilling.html   (653 words)

  
 Former Enron CEO Jeffrey Skilling tells jurors: 'I am absolutely innocent'   (Site not responding. Last check: 2007-10-24)
HOUSTON (AP) - Former Enron Corp. chief executive Jeffrey Skilling told jurors in his fraud and conspiracy trial Monday that he abruptly resigned from the energy trading company a few months before it collapsed because he was worn out and troubled by its falling share price - not because he knew disaster loomed.
Skilling told investors on the day his resignation became public that he quit strictly for personal reasons.
Skilling said he didn't believe there was a bad motive or intent attached to Fastow's partnerships.
www.cbc.ca /cp/business/060410/b041074.html   (839 words)

  
 MiamiHerald.com | 12/13/2006 | Skilling's request for bail pending appeal is denied   (Site not responding. Last check: 2007-10-24)
Skilling is now required to report to federal prison in Waseca, Minn., to begin serving his 24-year sentence on 19 counts of conspiracy, fraud and insider trading.
Although Higginbotham's order notes ''serious frailties'' in Skilling's convictions, it says those problems fail to raise a ''substantial question'' likely to result in the overturning of all Skilling's convictions, which is required to grant bail during appeal.
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.
www.philly.com /mld/miamiherald/business/16226266.htm?source=rss&channel=miamiherald_business   (206 words)

  
 Former Enron CEO Jeffrey Skilling indicted
Former Enron chief executive officer Jeffrey Skilling was indicted February 19 on 35 counts of fraud, conspiracy and insider trading.
Skilling joined Enron in the early 1990s and rose through the corporate hierarchy until Kenneth Lay, who was chairman of Enron’s board of directors and long-time CEO of the company, named Skilling CEO in 2001.
This characterization of Skilling is actually a distortion of his role, and has the effect of downplaying both the significance and culpability of Lay.
www.wsws.org /articles/2004/feb2004/skil-f24.shtml   (2116 words)

  
 Jeffrey Skilling's 'Big Enchilada' - Forbes.com   (Site not responding. Last check: 2007-10-24)
Jeffrey Skilling's "big enchilada" has finally come to pass, but testifying on his own behalf was certainly not the dish he had in mind when he used the phrase in the mid-1990s.
A skilled cross-examination by the prosecution will use this gaffe to its advantage and show that Skilling's obsession with Enron's stock price, to which his personal fortune was tied, was a clear motive for the crimes committed.
Skilling failed to disclose that he had already scheduled a large stock sale prior to Sept. 11; after the attacks occurred, he merely increased the amount of shares he already planned to unload.
www.forbes.com /home/columnists/2006/04/13/skilling-enron-testimony-cx_jz_0413zamansky.html   (698 words)

  
 BBC NEWS | Business | Profile: Jeffrey Skilling
Jeffrey Skilling could probably be forgiven for feeling a little lonely as he was sentenced to 24 years and four months in jail by a Houston judge.
In May, Skilling was found guilty on 19 counts of fraud, insider trading and lying to auditors for his part in the 2001 collapse of energy giant Enron.
Now the 52-year-old Skilling - an Enron employee for 11 years, chief operating office for six and finally chief executive for a bare six months - is likely to spend most of the rest of his life behind bars.
news.bbc.co.uk /2/hi/business/6077062.stm   (1019 words)

  
 #099: 02-19-04 FORMER ENRON CHIEF EXECUTIVE OFFICER JEFFREY K. SKILLING CHARGED WITH CONSPIRACY, SECURITIES FRAUD, ...
Skilling surrendered this morning to agents of the Federal Bureau of Investigation in Houston, after the indictment was unsealed.
Skilling allegedly received approximately $200 million from the sale of Enron stock options and restricted stock between 1998 and 2001, and was paid more than $8 million in salary and bonuses.
If convicted of all the charges in the indictment, Skilling faces a maximum sentence of 325 years in prison and hundreds of millions of dollars in fines, and Causey faces a maximum of 265 years and hundreds of millions of dollars in fines.
www.usdoj.gov /opa/pr/2004/February/04_crm_099.htm   (1234 words)

  
 Court denies Skilling's bail request, ordered to begin serving 24-year sentence - USATODAY.com   (Site not responding. Last check: 2007-10-24)
Skilling is now required to report to a low-security federal prison in Waseca, Minn., to begin serving his 24-year sentence on 19 counts of conspiracy, fraud and insider trading.
Although Higginbotham's order notes "serious frailties" in Skilling's convictions, it says those problems fail to raise a "substantial question" likely to result in the overturning of all Skilling's convictions, as would be required to grant bail during appeal.
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.
www.usatoday.com /money/industries/energy/2006-12-12-skilling-request-denied_x.htm   (330 words)

  
 Convicted Enron president Jeffrey Skilling admits he contemplated suicide on CourtTV.com
Skilling, 52, said he sought psychiatric help but was only able to emerge from a deep, twoyear malaise after his 2004 indictment in which he was charged with conspiracy, fraud and insider trading, among other counts.
Skilling also said he spent two weeks in the Utah wilderness, hiking 30 miles (48 kilometers) a day, to prepare for the exhausting trial.
Skilling realizes he will likely get a long prison term when he is sentenced but believes he can cope with life behind bars.
www.courttv.com /trials/enron/062006_ap.html   (427 words)

  
 Law.com - Former Enron CEO Jeffrey Skilling Sentenced to 24 Years in Prison
Skilling stood trial alongside former Enron Chairman Kenneth Lay, but Lay died in July, and earlier this month Lake vacated Lay's conviction of 10 criminal charges because Lay's death made it impossible for him to appeal his conviction.
Skilling's wife, Rebecca Carter, was in the courtroom; she broke down sobbing after Lake sentenced her husband.
But Sherri Sera, who said she was Skilling's longtime executive assistant, implored Lake to consider that Skilling is a business "visionary" who could help the Houston community with business advice, and the judge should consider Skilling's long history of charitable work in determining his sentence.
www.law.com /jsp/article.jsp?id=1161606924042   (886 words)

  
 Former Enron CEO Jeffrey Skilling pleads no contest in arrest for public intoxication on CourtTV.com
Skilling's payment was received by mail on Sept. 21, a city clerk told the newspaper.
Skilling, 52, faces 20 to 30 years in prison in the Enron case and is scheduled to be sentenced Oct. 23.
A judge found that Skilling's arrest did not violate his $5 million bond, but he was ordered to increase the frequency of his visits with alcohol treatment and mental health counselors.
www.courttv.com /news/2006/1005/jeffrey_skilling_ap.html   (429 words)

  
 BBC NEWS | Business | Skilling takes last breath of freedom
Jeffrey Skilling was not marched from the courtroom to the cells.
Jeffrey Skilling might have seen the courthouse from his old office - and wondered perhaps what it was like to be poor and persecuted.
Daniel Petrocelli, Skilling's lawyer, is believed to have recently invoiced Skilling for another $30 million in legal fees.
news.bbc.co.uk /1/hi/business/6081566.stm   (571 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/index.htm   (983 words)

  
 Ex-Enron CEO Denies Honing Testimony, Jeffrey Skilling Faces Cross-Examination In Fraud Trial - CBS News
Skilling was matter-of-fact rather than combative, though Berkowitz at times cut him off to remind him that the prosecutor was in charge of questioning.
Last week Skilling logged four days on the witness stand hoping to convince jurors that he's innocent and that his former company was not rife with corruption.
Former Enron CEO Jeffrey Skilling testified in a Houston court for the second day in a row at his trial on conspiracy and fraud charges.
www.cbsnews.com /stories/2006/04/17/business/main1502591.shtml   (699 words)

  
 Ex-Enron CEO Jeff Skilling gets 24 years in prison - Oct. 23, 2006
Skilling was convicted in May of 19 counts of fraud, conspiracy, insider trading and lying to auditors.
Skilling issued a statement before the court prior to hearing his sentence in which he said he felt remorse about the losses incurred by the victims of Enron's collapse as well as the pain suffered by his family and community.
Skilling is hoping to convince the judge that he didn't do anything to deliberately profit from Enron's demise and that he tried to perform his duties to the best of his abilities.
money.cnn.com /2006/10/23/news/newsmakers/skilling_sentence/index.htm?postversion=2006102409   (1674 words)

  
 Jeffrey Skilling News - Inbox Robot
Jeffrey Skilling, the former chief executive officer of Enron, was scheduled to report today to the...
Skilling embarking on longest prison term in Enron case - Former Enron CEO Jeffrey Skilling reported to federal prison on Wednesday to begin serving his 24-year sentence for fraud...
Jeffrey Skilling, ex-CEO of Enron, was sentenced in the United States to 24 years in prison.
www.inboxrobot.com /news/jeffrey-skilling   (859 words)

  
 Defiant Skilling pleads not guilty / Former Enron CEO faces 35 felonies related to firm's collapse
Skilling, Comey said, was "the guy at Enron." He said although Skilling served as Enron's CEO for only about six months in 2001 before his unexpected resignation, he "essentially ran this company" for years before that as chief operating officer.
The 50-year-old Skilling, known for designing the cutthroat culture at the once-highly regarded energy trader, surrendered to the FBI early on Thursday, soberly passing a phalanx of cameras.
Skilling, who joined Enron in 1990, is expected to argue that the deals in question were reviewed by sometimes dozens of lawyers and accountants and that some subordinates such as Fastow hid their crimes from Skilling.
www.sfgate.com /cgi-bin/article.cgi?file=/chronicle/archive/2004/02/20/BUGGS5452226.DTL   (1488 words)

  
 Latest Jeffrey Skilling News – Examiner.com
Skilling embarking on longest prison term in Enron case
6 hrs ago - Former Enron chief executive Jeffrey Skilling entered prison quietly on Wednesday, the final step in the fall of a man who once presided over one of Wall Street's biggest success stories.
One day after a federal appellate court ruled that the former Enron chief executive could remain free until it decided on his request for bail pending appeal of his sentence for conspiracy, fraud and insider trading, the judge in the case rejected the request.
www.examiner.com /Topic-Jeffrey_Skilling.html   (371 words)

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