First Enron Trial Lacks Famous Faces (Surprise)

[mom cat]

Sunday, May 30




First Enron Trial Lacks Famous Faces, but a Window to What's Coming

By Kristen Hays The Associated Press
Published: May 30, 2004


http://ap.tbo.com/ap/breaking/MGBS0V1NVUD.html



HOUSTON (AP) - The first criminal trial involving former Enron Corp. executives involves no notorious defendants. The alleged shady deal at its center didn't fuel the company's crash.
Even the judge presiding over the June 7 trial has defined it as "not a big, high-profile Enron case."

But the conspiracy trial of a former Enron finance executive, a former in-house accountant and four former Merrill Lynch & Co. executives will mark the first time federal prosecutors try to persuade jurors to convict people who once worked at the scandal-ridden, bankrupt company, and defense attorneys are wary that their clients could be held responsible for the entire mess.

"It's not about Andy Fastow, it's not about Jeff Skilling, it's not about Ken Lay. But I think the public thinks that it is. It's about a very discreet transaction, and we are concerned that the public understand this is not about the demise of Enron," said Dan Cogdell, who represents former Enron accountant Sheila Kahanek.

Former

[cosmicdot]

1. wonder what Ken Lay has been up to?

I saw this article's title, and it made me think of just how tabloid the Corporate Media is ... 'famous faces' ...

did Ken Lay panic when he sold most all of his properties?

[mom cat]

2. I guess that Ken Lay won't have as much to donate to Bush this year.

[Nlighten1]

3. Just like the "Torture" trials...

They are going after the low-ranking minions first.