Enron will be back in the spotlight
All the scandals that are going on in our nation's capital are overshadowing the :
A federal judge in Houston is preparing to impanel a jury to try Enron Corp. leaders, including former chairman Ken Lay.
U.S. District Court Judge Sim Lake will give each of 400 potentialjurors next week a long questionnaire to gauge their ability to fairlysit in judgment of ex-Enron executives Lay and two key associates, JeffSkilling and Rick Causey, the Houston Chronicle reported Friday.
Lake will whittle that 400 down to 100, who in turn will be brought to court in mid-January for final jury selection.
The trial is expected to last five or six months and include as many as 30 prosecution witnesses.
Lay faces seven counts of fraud and conspiracy and four counts ofbank fraud that are scheduled to be tried separately, while Skillingand Causey both face more than 30 charges, including fraud andconspiracy.
According to , the campaign disclosure web site, Enron has major ties to the GOP:
Enron has been a major supporter of the last three Republican National Conventions. In 1992, when the event was held in Houston (where the company is based), former Enron chief Kenneth Lay served as chairman of the convention’s organizing committee, in charge of fund-raising and logistics. According to press reports, Enron contributed at least $250,000 to the event. Four years later, Enron gave at least $500,000 to the , according to the Republican National Committee. In 2000, Enron donated $250,000 to the . However, none of the totals include the virtually undisclosed amounts of money Enron spent on parties and receptions at the conventions. For example, Enron in 2000 helped to throw a lavish luncheon in honor of then-vice-presidential candidate Dick Cheney. And while the company didn’t contribute directly to any of the last three Democratic National Conventions, Enron did throw parties for some of its closest friends there. At the 2000 Democratic Convention in Los Angeles, Enron for Sen. John Breaux (D-La.) and Texas Democrats and was a major backer of several events sponsored by the Democratic Senatorial Campaign Committee.
And this was just between 1992 and 2000. Watch for this court battle to be played out with increased public attention over the next half-year. And bloggers like myself will be there to make sure people don't forget how that company hurt thousands of hard-working men and women.
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