Tuesday, December 12, 2006

Federal Appeals Court Orders Former Enron CEO Jeff Skilling to Prison Immediately

24 years in the big house, starting......now!

A federal court ordered former Enron Chief Executive Officer Jeffrey Skilling to immediately go to prison, denying his request to remain free during his appeal.

Judge Patrick Higginbotham of the 5th U.S. Circuit Court of Appeals wrote in his two-page order Tuesday that "Skilling raises no substantial question that is likely to result in the reversal of his convictions on all of the charged counts."

As a result, Higginbotham denied Skilling's request for bail pending his appeal and vacated an earlier order staying his prison report date.

I still say it's a shame Ken Lay won't be sharing a cell (well, dorm room; this prison sounds pretty soft) with his fellow defendant.

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