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ENRON Trial Set to Start: Will Feds Set up an "Oliver North" ?

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McCamy Taylor Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-29-05 10:40 PM
Original message
ENRON Trial Set to Start: Will Feds Set up an "Oliver North" ?
It has taken four years for the trials of Jeff Skilling and Ken Lay to finally get started in federal court in HOuston. Today, there was a surprise delay as their co-defent, Enron's chief accountant, Causey suddenly made a deal with the prosecution, agreeing to plea guilty to one charge in exchange for testifying against the other two. This may be a problem for Lay and Skilling, since Causey and his attorney worked side by side with the other two teams creating a joint defense in which Causey was to have explained the complicated bookkeeping involed at Enron.

In the months leading up to the trial, Ken Lay has been vocal in his accusations about prosecutorial misconduct. He has cited emails in which federal attorneys have threatened potential defense witnesses. He has professed his innocence loudly, the very opposite of the usual defendent, who usually keeps his mouth shut under the advise of his attorney. Ken Lay is acting like someone who believes that he will eventually be acquitted and so he is starting his character reformation Public Relations NOW, so that he can get an early start on his next business venture.

Why would Ken Lay believe that he is immune from prosecution? For one thing, Ken Lay knows exactlty how much W.. Cheney, Rove and Thomas White know about the price gouging of California. He also knows how far in advance they planned the invasion of Afghanistan after that country rebuffed US efforts to win a natural gas pipeline there for Enron. He also knows about Bush family oil for food deals with Sadaam. All this knowledge makes Ken Lay a very dangerous person for the Bush administration.

One option would be a last minute pardon, similar to those which Bush Sr. handed out to Iran Contra figures. However, that would leave Lay with the stigma of having been found guilty, and it would taint Bush by association. A much better option for the Bush administration would be a convition in the Houston federal court followed by an acquital on appeal and a decision not to retry the case. This outcome could be blamed on over zealous federal prosecutors or liberal judges. Ken Lay would be a free man. He would keep his secrets and in a few years, he would start over. Bush would not appear to have been involved.

I wish we were going to have the kind of play by play coverage of this trial that we had for the OJ trial, with TV lawyers analyzing every move made by the prosecution and defense.
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fearnobush Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-29-05 10:46 PM
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1. Will Bu$h take the stand for his beloved "Kenny Boy."
I'm sure the pardon's are already written. And those secret energy CEO meetings with the Dick - If we were not a banana republic Bush in Dick would have been locked up a long time ago.
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neoblues Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-30-05 12:09 AM
Response to Reply #1
4. Dick-n-Bush prefer a free Lay
When all is said and done, I'll stand amazed if Lay is the recipient of any 'real' punishment (though, the interesting thing will be how they pull it off**). After all, he and ENRON just acted in a way that is perfectly consistent with BushCo's understanding of "Free Markets" (you know, where the wealthy are "Free" to use the "Markets" in any way they can imagine to achieve the greatest/fantastic profits)... So, what's to punish? He was just being a good Republican. Besides, Lay is one of their :hug: pals (therefore above the law***). Welcome to the Great White Republican Way.

**Remember that "government incompetence":freak: is one of the messages they like to promote (or is it that they just can't help themselves). It would be easy for them to accidentally on purpose "screw up" the government's case... We've been witness to a great many inexplicably incompetent actions :wtf: by the government that worked to support the Bush agenda. Of course, that's just one of the many ways they might manage to obtain their version of "justice".:puke:

***Remember too, that "Laws" are for keeping the peasants in line. That is, the law is intended to only apply to "outsiders" and "average" citizens. Where outsiders are simply those who aren't members of the club--such as Bush cronies/republican leaders and the ruling class and average citizens are, well, basically, the poor--such as the "middle class"(!), etc.
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DemInDistress Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-29-05 10:51 PM
Response to Original message
2. I remember back in Nov,2001 kenron lay sitting in front of the
camera promoting Enron's bright future. Lay claimed the stock would sky-rocket to
120.00 dollars a share. At that time Enron was being investigated by SEC for ir-
regularities. Lay was "pumping and quietly dumping". If I recall correctly Enron
employee's were stuck with their shares because there was a 30 day freeze on employee's selling their shares while the price was reasonable.
I'm shocked Lay hadn't wound up dead ala Vince Foster.

Correct me if i'm wrong....
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stillcool Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-29-05 11:02 PM
Response to Original message
3. Isn't Enron still in the game....
in the Middle-East pipeline biz?
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McCamy Taylor Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-31-05 01:04 AM
Response to Reply #3
5. Bolivia gas pipeline which is about to be nationalized...
and we dont have any troops to send into Bolivia to take it back.

:rofl:
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