Reply #5: Here's the story from BBC News:

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From: http://news.bbc.co.uk/1/hi/business/3502303.stm

Enron boss surrenders to FBI

Former Enron chief executive Jeff Skilling has surrendered to the FBI in Houston. Surrounded by lawyers, the 50-year-old walked into the bureau's headquarters, and is due to appear in court later in the day. Mr Skilling is expected to be charged with fraud and conspiracy. He is the highest ranking former Enron executive to be indicted over its collapse. Investigations now turn towards former Enron chairman Ken Lay.

Mr Lay currently remains a free man, and like Mr Skilling has professed his innocence. Mr Skilling's surrender to the FBI comes a month after former Enron chief financial officer Andrew Fastow pleaded guilty to two fraud counts in exchange for a 10-year prison sentence. Mr Fastow is now free on $5m bail until his formal sentencing, set for April. Enron collapsed and filed for bankruptcy in December 2001, after it was revealed that it had hidden billions of dollars in debt. The episode has rocked corporate America.

Harvard-educated Mr Skilling joined Enron in 1990 and was quickly promoted. In 1997 he became president and chief operating officer, before in February 2001 becoming chief executive. Mr Skilling was a key driver in Enron's transformation from a sleepy pipeline company into a corporate giant and darling of Wall Street. But in August 2001 - after just six months at the top of the company - he unexpectedly resigned, saying he wanted time to enjoy life. According to published records, he pocketed $15m in stock options, and in testimony two years ago to the US House Energy and Commerce Committee said: "I absolutely, unequivocally thought the company was in good shape."