Skilling Not The Smartest Guy In The Room

Law360, New York (April 11, 2006, 12:00 AM EDT) -- A day after protesting his “absolute innocence,” former Enron chief executive officer Jeffrey Skilling returned to the stand, telling the jury that he was smart but not smart enough to engineer the massive accounting fraud scandal, as prosecutors allege.

In the second day of his much-anticipated testimony, Skilling tried to reverse the picture painted by the prosecution of a greedy executive obsessed with meeting Wall Street expectations and willing to do anything to meet those targets.

"You're a smart guy, right?" asked Skilling’s defense attorney, Daniel...
To view the full article, register now.