In the wake of Supreme Court ruling that restricted the use of the "honest services" statute as a basis for fraud convictions, former Enron CEO Jeff Skilling has joined the queue of high-profile corporate convicts asking for bail pending their fraud appeals.
BP and Anadarko will battle over whether the former was grossly negligent in the Deepwater Horizon project before an arbitration panel, not a court. This means the fight won't help oil-spill plaintiffs. Plus, Viacom vs. YouTube and dangerously industry-friendly regulators.
Will Enron ex-CEO Jeffrey Skilling get out of jail? The Supreme Court ruled today on several aspects of his convictions, and it vacated one of them. It's now up to a lower court to review the ruling and decide whether Skilling deserves a new trial.
The Supreme Court will soon rule on whether Skilling gets a new trial or his sentence reduced. Meantime, Fortune has published a sympathetic profile in which he describes three key mistakes he feels led to his conviction.
A few years ago documentary film director Alex Gibney took on Enron. Now he's set his unforgiving sights on Jack Abramoff, the convicted lobbyist and former king of K Street.
An attempted terrorist bombing in Times Square didn't stop theater curtains rising on Broadway. But the highly anticipated musical Enron -- closed almost instantly, even though it was so successful in London. Apparently, Americans weren't nearly as amused.
Enron, a musical hit about the Texas energy company's dizzying rise and fall, is coming to Broadway. The story of high finance and fraud unfolded nine years ago, but in an economy still reeling from the Lehman Brothers collapse, it's lessons are more relevant -- and funnier -- than ever.
Convicted fraudster Jeffrey Skilling has appealed his conviction with the Supreme Court on grounds he couldn't be expected to be honest as CEO of energy concern Enron when the entire company was dishonest. Though his argument is hard for some observers to take seriously, it's possible the court could actually rule in his favor.
The former Enron CEO, who oversaw a company that was fundamentally dishonest, is trying to get the Supreme Court to throw out a law that requires executives to behave honestly. If his lawyers succeed, he'll go free. But Skilling really deserves to stay in jail forever.
The Supreme Court will hear arguments on Monday about whether former Enron executive, Jeffrey Skilling, should get a new trial in a venue other than Houston, where his first trial took place.
