Lay & Skilling's jury starts deliberating shortly.

[elehhhhna]

We could have the result before the weekend.

Blog on Prosecutor wrapping up arguments today:

Lay also told employees that Enron's stock was a good deal and that he was buying it himself. Berkowitz renewed the attack on that claim, reminding jurors that during the last four months Lay was at Enron, he sold $24 million in stock and bought $4 million.

"This is devastating proof of intent," Berkowitz said, adding, "and he did this so he could tell the market he was buying stock."

Berkowitz, his voice raising, then said: "You should hold him responsible for it, ladies and gentlemen."

Berkowitz said that Lay lied about margin calls and was selling stock because he knew the company was in trouble. He said Lay had other choices to pay back the margin calls, including a $10 million home in Aspen.

Lay said he couldn't sell the home quickly enough to make a margin call; Berkowitz reminded jurors that when Lay sold the home he did so in two days.
http://blogs.chron.com/enrontrialwatch/
http://blogs.chron.com/enrontrialwatch/

[DoYouEverWonder]

1. I hope justice is done

to these two major slimeballs.

I don't think the trial went well for either one. We'll see what the jury thinks so enough I suppose.

[elehhhhna]

2. Lay will go down at his next trial, regardless (for bank fraud)

THAT case is air-tight.

[tridim]

3. And he'll be pardoned immediately after

At least he will if Bush is still in office.