Pivotal Enron plea talks ongoing - potentially devastating witness

Pivotal Enron plea talks ongoing
Mon, December 26, 2005

By KRISTEN HAYS, AP

HOUSTON -- Prosecutors and attorneys for Enron Corp.'s former chief accounting officer, Richard Causey, are in negotiations on a plea bargain on the eve of trial for founder Kenneth Lay and former chief executive Jeffrey Skilling, according to people familiar with the discussions.

If Causey agrees to a deal to plead guilty, his co-operation could prove enormously helpful to the government's case against Lay and Skilling. All three face trial next month.

There is no guarantee of any agreement in ongoing discussions, two people familiar with the discussions said, confirming recent published reports. They spoke on condition of anonymity because of the private nature of the talks. The process could still crumble before the fraud and conspiracy trial begins with jury selection Jan. 17.

Any deal with Causey, 45, could provide prosecutors a potentially devastating witness against Lay and Skilling -- even more so than assistance from former finance chief Andrew Fastow, who pleaded guilty in January 2004 to two counts of conspiracy.

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http://lfpress.ca/newsstand/Business/2005/12/26/1368073-sun.html


:evilgrin:

Fun times!

...the people engaged in them are criminals and you just can't trust those people. They'll turn on you and rat you out.
In this case and the Abramov case and several others currently in the news that's a very good thing.

Ken Lay is the one I most want to see serve prison time. He and his company ruined thousands of people's retirements, and lives. Overwhelming greed deserves jail time, in my opinion. It's a lot more destructive than someone smoking a couple of joints.

And he truely is one weird dude yet ruthless to the bone.

are going to be full of details about how the Republican organized crime syndicate stole America and sold the nation's future down the river. This is going to be worse for them than Watergate.

2006 - a disasterous year for BushCo and the GOP! :7

so they can impose military rule and then they won't need no stinking courts.

I certainly would hope they wouldn't be stupid enough to
stoop to this apparant level again.

oh yeah-- kennyboy.

of course he also disavowed knowing him.

how do you give a pet name to someone you don't know?

It has been way too long coming. Causey needs to have police protection during this time. Too many have committed "suicide" in this case.

Vice Chairman of ENRON, an Annapolis graduate, smart, truthful, suicided.

I certainly hope Richard Causey doesn't
become victimized by the manipulations of Kenneth Lay's
suicide strategies.
(Or should I say Bush Sr.'s strategies)

Oh, and let us not forget that this Baxter incident happenned
in Tom DeLay's district...Sugarland.

If only they can connect Cliffs convenient suicide to DeLay.

If only all these dots were connected, tried and prosecuted,
we would certainly be a happy lot.
We can dream can't we.

Pivotal Enron plea talks ongoing
Mon, December 26, 2005
By KRISTEN HAYS, AP

HOUSTON -- Prosecutors and attorneys for Enron Corp.'s former chief accounting officer, Richard Causey, are in negotiations on a plea bargain on the eve of trial for founder Kenneth Lay and former chief executive Jeffrey Skilling, according to people familiar with the discussions.

If Causey agrees to a deal to plead guilty, his co-operation could prove enormously helpful to the government's case against Lay and Skilling. All three face trial next month.

There is no guarantee of any agreement in ongoing discussions, two people familiar with the discussions said, confirming recent published reports. They spoke on condition of anonymity because of the private nature of the talks. The process could still crumble before the fraud and conspiracy trial begins with jury selection Jan. 17.

Any deal with Causey, 45, could provide prosecutors a potentially devastating witness against Lay and Skilling -- even more so than assistance from former finance chief Andrew Fastow, who pleaded guilty in January 2004 to two counts of conspiracy.

http://lfpress.ca/newsstand/Business/2005/12/26/1368073-sun.html

Im surprised he didn't cut a deal long ago.

http://www.cbc.ca/story/business/national/2005/05/31/arthurandersen-050531.html

"The United States Supreme Court on Tuesday unanimously overturned the 2002 conviction of the accounting firm Arthur Andersen for destroying documents in the Enron case."

This is the REAL crime! SCOTUS will negate ALL criminal prosecutions of BFEE cronies! I'm sure Shrub will also pardon all the "Plame-gate" felons before they do a day in prison!

for war crimes.

Somehow, some way...

Cut me a break A-Hole