Enron's Skilling seeks new trial in Houston appeal

[UpInArms]

Source: Associated Press

The former CEO of Enron is asking a federal appeals court to grant him a new trial based on a Supreme Court ruling his attorney says puts his conviction in question.

The hearing in Houston on Monday was scheduled after the U.S. Supreme Court ruled in June that an anti-fraud law was improperly used to help convict Jeff Skilling for his role in Enron's downfall.

Skilling's attorney says as a result of the Supreme Court ruling, Skilling's 19 convictions for conspiracy, securities fraud, insider trading and lying to auditors should be overturned because the jury was given bad instructions.

Read more: http://www.businessweek.com/ap/financialnews/D9J7IBIO1.htm

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Jeffrey Keith "Jeff" Skilling (born November 25, 1953) is the former president of Enron Corporation that was headquartered in Houston, Texas. In 2006 he was convicted of multiple federal felony charges relating to Enron's financial collapse, and is currently serving a 24-year, 4-month prison sentence at the Federal Correctional Institution in Englewood, Colorado.(1/2) The Supreme Court of the United States heard arguments in the appeal of the case March 1, 2010.(3/4) On June 24, 2010, the Supreme Court vacated part of Skilling's conviction and sent the case back to the lower court for further proceedings.

[snot]

1. I just want to say,

I believe this guy is a total scumbag.

I think it was after he'd been indicted but before his trial, a friend of mine met him at a party. My friend didn't realize who he was, and I guess they had a long conversation. Before the evening was over, Skilling was trying to talk my friend into collaborating on some kind of scam in which Skilling would give my friend money for art works to be made by my friend but Skilling could get his money back later -- my friend couldn't make much sense of it, but it seems clear Skilling was trying to hide assets. My friend googled Skilling afterward and only then realized who he was.

[UpInArms]

2. this POS has been an asshat his entire life

even his mother testified against him.

[hayu_lol]

3. So the jailbird wants out huh?

Screw him and the supremes who are trying to protect and clear him...so that he can go out and do it all again.

He should have had lots of company in prison.