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0 pointsnaravara5y ago0 comments

When accountants at Enron defrauded the State of California and the SEC, we didn't say "accountants at Enron." We said "Enron" and held Enron, the entity, responsible.

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3 comments · 1 top-level

MaysonL5y ago· 2 in thread

Also the CEO, COO and CFO were sentenced to prison.

at-fates-hands5y ago

Jeffrey Skilling served 24 years in jail

Andrew Fastow committed suicide

Ken Lay died of a heart attack before his trial

Lou Pai walked away with $250 million and disappeared

The litany of charges that were brought against the rest of the people involved have not been very successful:

https://www.chicagotribune.com/sns-ap-enron-trial-glance-sto...

All of those sentenced in the above article were for reduced sentences since many of them testified against Skilling and others in order to get a shorter sentence.

The only one who served any real prison time was Skilling.

ogre_codes5y ago

Arguably, three people paid a heavy toll. Escaping prison because of suicide or having heart attack while waiting for your trial aren't exactly get out of jail free cards.

Aside from that, totally agree. Many of the people who benefitted from the Enron disaster walked away without consequence. Very unsatisfying end.

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