Jailed Enron CEO Jeffrey Skilling Will Get Prison Term Shortened
Federal prosecutors and attorneys for convicted ex-Enron CEO Jeffrey Skilling have reached a deal that will trim his sentence for his role in the energy giant's collapse.
Federal prosecutors and attorneys for convicted ex-Enron CEO Jeffrey Skilling have reached a deal that will trim his sentence for his role in the energy giant's collapse.
A former Goldman Sachs and Procter & Gamble board member once widely respected for his business smarts has been sentenced to 2 years in prison for insider trading. He also was fined $5 million.
To most of us, "debtors' prison" may sound like something straight out of a Dickens novel. But across the country today, predatory lenders are using a legal loophole to manipulate courts into jailing poor citizens who legitimately cannot pay what they owe.
From insider trading to getting ready for life "on the inside" -- The Wall Street Journal reports that convicted white-collar criminals are increasingly paying for prison prep from former inmates.
Nope, Angelo Mozilo won't be serving time, no matter what the evidence shows. In fact, he won't even face a trial. Wondering how the most convictable CEO among the titans who brought down the financial system is getting off so easy? The answer lies in the revolving door between Wall Street and its "regulators."
Reports say jailed financial adviser Bernard Madoff, orchestrator of the largest-ever U.S. Ponzi scheme, won't attend the funeral of his son -- who apparently committed suicide last week.
Freshly sprung from a minimum-security prison after completing most of a four-year sentence for fraud, tax evasion, and bribing public officials, former lobbyist Jack Abramoff now lives in a halfway house and toils in the back office at Tov Pizza, a kosher pizzeria in Baltimore.
























