Thursday, May 25, 2006

Lay and Skilling Guilty!

The Enron saga has just gone through another chapter. I doubt if it is the final chapter as both Lay and Skilling have the funds to fight their guilty verdicts through the appeal courts. The important aspect of this case is, however, that it serves a warning to others and also acts as a form of retribution for the many ex-Enron employees who lost everything.