Lay, Skilling Convicted In Enron Trial
Enron founder Ken Lay was found guilty of conspiracy and wire fraud, while former CEO Jeffery Skilling was found guilty of conspiracy, but not guilty of insider trading.
The jury convicted Skilling of 20 out of the 28 counts pending against him, while Lay was convicted of all six counts against him.
Judge Sim Lake also found Lay guilty of...
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