Enron Corp. founder Kenneth Lay and former CEO Jeffrey Skilling never broke the law, never stole any money and never lied to the public about hiding billions of dollars in losses, defense attorneys told jurors last week as the trial of the former top executives took center stage in Houston. The prosecution, however, relying on actual statements and an eyewitness, began to show how the ex-executives attempted to deceive the public in the months preceding Enron’s implosion.
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Prosecutor Says Lay, Skilling ‘Chose to Lie’
Enron Corp. founder Kenneth Lay and former CEO Jeffrey Skilling never broke the law, never stole any money and never lied to the public about hiding billions of dollars in losses, defense attorneys told jurors Tuesday in opening statements. However, the prosecution claimed the opposite is true, supported by actual statements and eyewitnesses, which demonstrate how the ex-executives attempted to deceive the public in the months preceding Enron’s implosion.
February 1, 2006
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