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Enron's Skilling uses September 11 in his defense

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Cocoa Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-04-06 09:48 PM
Original message
Enron's Skilling uses September 11 in his defense
and gets busted.

http://www.fortwayne.com/mld/journalgazette/business/13550123.htm

<snip>

Also Wednesday, Lake denied a Skilling request to bar prosecutors from using testimony he gave the Securities and Exchange Commission about a Sept. 17, 2001, stock trade. Skilling is charged with 10 counts of insider trading, including the sale of 500,000 Enron shares for $15.5 million.

Prosecutors said in a filing Tuesday that Skilling told the SEC he ordered the trade in light of the Sept. 11, 2001, terrorist attacks but misled the SEC by omitting the fact that he tried to sell 200,000 shares on Sept. 6.
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NanceGreggs Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-04-06 09:49 PM
Response to Original message
1. Ah, the ever-popular ...
... 'the terrorists made me do it' defence ...
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tulsakatz Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-04-06 09:52 PM
Response to Reply #1
2. it's almost as good as.........
..........the devil made me do it! (As they used to say back in the '70s)
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Fridays Child Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-04-06 09:55 PM
Response to Original message
3. Do these people ever give up?
Jeez...:nuke:
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