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Former Enron CEO appealing conviction today
Attorneys for the former CEO of Enron are going to court today to press on with an appeal. Jeffrey Skilling's team will argue his 2006 convictions should either be dismissed or he should be retried. They'll argue Skilling's conduct followed the corporate goal of improving stock value for shareholders. Skilling is the highest-ranking executive to be punished for accounting scams and shady business deals that led to the loss of thousands of jobs, more than $60 billion in Enron stock value and more than 2 billion in employee pension plans. Company founder Ken Lay died less than two months after he was convicted.
Posted by Lori Stassi on April 2, 2008 6:42 AM PT | Permalink
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