PDA

View Full Version : Eindelijk



Qtec
09-11-2003, 02:28 AM
Five years for the small fry. How much for the big fish?

Ken Lay will probably declare himself bankrupt pretty soon.HaHaHa

Q

First Enron ex-official is jailed


Enron's former top management remain at liberty
Ben Glisan, formerly treasurer at energy trader Enron, has become the first executive to be jailed for his part in the huge financial scandal at the firm.
Mr Glisan was sentenced to five years in prison after pleading guilty to criminal conspiracy.

"I think I would simply like to say I take full responsibility for my actions," Mr Glisan told the judge.

His conviction, prosecutors hope, could accelerate the cases against other more senior Enron ex-officials, notably former chief financial officer Andrew Fastow, his boss at the firm.

Mr Fastow is named in the same indictment as Mr Glisan, and is accused of having been the mastermind of the extraordinarily complex financial trickery that brought about Enron's collapse almost two years ago.


http://news.bbc.co.uk/1/hi/business/3097668.stm