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Thursday, 05/25/2006 1:56:54 PM

Thursday, May 25, 2006 1:56:54 PM

Post# of 279080
Enron Founder Kenneth Lay, Skilling Convicted
The jury in the fraud and conspiracy trial of Enron founder Kenneth Lay and former Enron Chief Executive Jeffrey Skilling has reached a verdict. Skilling was convicted of conspiracy to commit securities and wire fraud. Lay was found guilty on all six counts of fraud and conspiracy, which have a combined maximum punishment of 165 years.

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