Thursday, October 30, 2003
Enron Chickens Start Coming Home To Roost
Former Enron executive David Delainey plead guilty to insider trading today as part of the investigation into the financial scandal that ripped off thousands of Americans. The government made him pay about $8 million in fines, probably a lot less than he made at the company. Meanwhile, many employees lost their entire pension plans. So far, Ken Lay and Jeffrey Skilling, the real ring leaders of the Enron circus, have not been charged with any wrongdoing. Here's a link to a report that highlights some of Enron's campaign contributions and other questionable ethical moves. Here's another report that indicates that Enron and Arther Anderson may be able to give even more money to poliicians than befor thanks to the newly passed "campaign reform" bill passed by the politicians.
Former Enron executive David Delainey plead guilty to insider trading today as part of the investigation into the financial scandal that ripped off thousands of Americans. The government made him pay about $8 million in fines, probably a lot less than he made at the company. Meanwhile, many employees lost their entire pension plans. So far, Ken Lay and Jeffrey Skilling, the real ring leaders of the Enron circus, have not been charged with any wrongdoing. Here's a link to a report that highlights some of Enron's campaign contributions and other questionable ethical moves. Here's another report that indicates that Enron and Arther Anderson may be able to give even more money to poliicians than befor thanks to the newly passed "campaign reform" bill passed by the politicians.
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