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Enron CEO Jeffrey Skilling Sentenced to 24 Years in Prison

HeadlineOct 24, 2006

In business news, former Enron CEO Jeffrey Skilling has been sentenced to 24 years in prison for his role in one of the country’s largest corporate scandals. Judge Simeon Lake said that Skilling’s crimes resulted in a life of poverty for thousands of people. At the sentencing, one former Enron employee called Skilling a liar, a thief and a drunk and accused him of cheating her and her daughter out of their retirement. After the sentencing Skilling claimed that he had not committed any crimes.

  • Jeffrey Skilling: “I am obviously not happy about it. I have three children, like anybody else I would like to spend time with my children. I believe, deep down, and this is no act or anything, I believe I am innocent. I believe in the long run when we review this in a somewhat calmer atmosphere that what has excited for the last five years, people will really look at that and I think it will work out fine.”
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