Tuesday, October 13, 2009

Supreme Court to Hear Jeffrey Skilling's Appeal

SAN FRANCISCO (WSJ MarketWatch) -- The Supreme Court will consider an appeal from former Enron Chief Financial Officer Jeffrey Skilling, according to media reports Tuesday. Skilling, who lost a lower court appeal on all 19 counts in 2006, was sentenced to 24 years in prison for his role in the downfall of the energy trader in 2001. Enron was the largest U.S. bankruptcy at the time.

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