Thursday, May 25, 2006

HOUSTON (CNNMoney.com) - Enron former chief executive Jeffrey Skilling and founder Kenneth Lay were found guilty Thursday of conspiracy and fraud in the granddaddy of all corporate fraud cases.

Jeffrey K. Skilling

Count 1 (Conspiracy) GUILTY
Count 2 (Securities Fraud) GUILTY
Count 14 (Securities Fraud) GUILTY
Count 16 (Securities Fraud) GUILTY
Count 17 (Securities Fraud) GUILTY
Count 18 (Securities Fraud) GUILTY
Count 19 (Securities Fraud) GUILTY
Count 20 (Securities Fraud) GUILTY
Count 22 (Securities Fraud) GUILTY
Count 23 (Securities Fraud) GUILTY
Count 24 (Securities Fraud) GUILTY
Count 25 (Securities Fraud) GUILTY
Count 26 (Securities Fraud) GUILTY
Count 31 (False Statements to Auditors) GUILTY
Count 32 (False Statements to Auditors) GUILTY
Count 34 (False Statements to Auditors) GUILTY
Count 35 (False Statements to Auditors) GULTY
Count 36 (False Statements to Auditors) GUILTY
Count 42 (Insider Trading) NOT GUILTY
Count 43 (Insider Trading) NOT GUILTY
Count 44 (Insider Trading) NOT GUILTY
Count 45 (Insider Trading) NOT GUILTY
Count 46 (Insider Trading) NOT GUILTY
Count 47 (Insider Trading) NOT GUILTY
Count 48 (Insider Trading) NOT GUILTY
Count 49 (Insider Trading) NOT GUILTY
Count 50 (Insider Trading) NOT GUILTY
Count 51 (Insider Trading) GUILTY


Kenneth L. Lay

Count 1 (Conspiracy) GUILTY
Count 12 (Wire Fraud) GUILTY
Count 13 (Wire Fraud) GUILTY
Count 27 (Securities Fraud) GUILTY
Count 28 (Securities Fraud) GUILTY
Count 29 (Securities Fraud) GUILTY

BANK FRAUD - ALL GUILTY



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