Enron’s former chief executive, Robert Skilling, was sentenced to spend 24 years in the slammer earlier this year. But, he appealed, and while the appeal went on, the man who, according to the findings of the US court, helped preside over the biggest corporate collapse ever, hoped to continue to breathe free air.
His boss at Enron, Kenneth Lay had a similar idea, but it didn’t quite work out the way he planned. While awaiting appeal, he was found not guilty - but alas no free air to breathe. Mr Lay had died, and under Texas law you can’t find someone guilty when they are appealing against a hearing, if they then die.
As for Mr Skilling, he has been told that it is unlikely his appeal will result in the quashing of all of his jail sentence, and as result - has been ordered to go directly to jail, without even passing Go
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