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February 11, 2009 4:16 PM

Convicted Enron CEO Seeks New Trial

(AP)  Imprisoned former Enron chief executive Jeffrey Skilling asked Friday for a new trial, saying the Justice Department used incorrect legal theories and "coercive and abusive tactics" to win a conviction.

Skilling was sentenced last October to more than 24 years in prison for his role in the collapse of Enron Corp., once the nation's seventh-largest company. He was convicted along with company founder Kenneth Lay on May 25, 2006, on 19 counts of fraud, conspiracy, insider trading and lying to auditors.

Skilling reported to a federal prison in Minnesota in December. Lay died before his sentencing date.

Skilling is the highest-ranking executive to be punished for the accounting tricks and shady business deals that led to the loss of thousands of jobs, more than $60 billion in Enron stock value and more than $2 billion in employee pension plans after the company imploded in 2001.

"Profound, inherent weaknesses in the government's case - not just gaps in its evidentiary proof, but doubts about its basic theories of criminality - motivated the government to resort to novel and incorrect legal theories, demand truncated and unfair trial procedures, and use coercive and abusive tactics," Skilling's lead lawyer, Daniel Petrocelli, said in the appeal filed Friday with the 5th U.S. Circuit Court of Appeals in New Orleans.

© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.
  • David Morgan

    David Morgan is a senior editor at CBSNews.com and cbssundaymorning.com.

Add a Comment
by afmca September 10, 2007 12:24 PM EDT
Skilling got what he deserved .. it is just unfortunate the Lay got his conviction overturned because of his death .. his name should have felon next to it for eternity. They are just like the rest of the super-rich ... not accountable for their actions and not responsible for the grief they cause. They always have access to a low life lawyer that is more anxious to twist the law into whether one is convictable or not versus whether they were guilty or not.
Reply to this comment
by usayesterday September 8, 2007 11:46 AM EDT
Don''''t worry, you waste of life and oxygen, our traitor in chief will pardon you before it leaves office, just hang on, and don''''t drop the soap, unless you want to know how your victims feel.
Posted by brianbwb at 02:39 AM : Sep 08, 2007
........

Once again brian, right on the money! (No pun intended).

For company executives like Skilling, Lay, and others from GlobalCrossing, Tyco, WorldCom, and so on...

...only the Chinese form of punishment is adequate enough....

DEATH!!!!!

When more company executives face that kind of punishment, then perhaps (wishful thinking) some present or future executives will take note and refrain from the actions that brought down their colleagues/compatriots.
Reply to this comment
by brianbwb-2009 September 8, 2007 5:39 AM EDT
Skilling (great name, just put the first letter last) is hoping the pain he and his gang caused has settled in and that people might forget, so he can cry like the little b*tch he is, and drum up some public sympathy, "oh the liberal government railroaded me, waah, waaaah!"

Don''t worry, you waste of life and oxygen, our traitor in chief will pardon you before it leaves office, just hang on, and don''t drop the soap, unless you want to know how your victims feel.
Reply to this comment
by oakishpines September 8, 2007 1:05 AM EDT


'' ... i miss being three and six years old, and watching all my naked lazy ignorant profane blemished savage friends being made to disappear forever ... they should do a show about that ... ''


'' ... most folk most time don''t really dance porno get sick tax world get well feed world songs rallied round the tens millions sick beds drifting the tens millions farm trail groups ... ''



'' ... lazy naked ignorant profave blemished savage folk never really go away, they just get stuffed in a closet somewhere and never see the light of day ... ''


'' ... some mean girls with bombs came and said to the big men: give us all your lazy naked ignorant profane blemished savages or else, and the men shrieked: take them, their yours! ... ''


'' ... giving away free market share to entreprenuers for small tips is the ultimate capitalist adventure ... ''

Reply to this comment
by mcv57 September 7, 2007 10:28 PM EDT
MAN OH MAN, can''t comment on all the business news! I guess CBS in the business of census also. Hear about the latest plunge ... I guess CBS doesnt want to hear our comments on it.
Reply to this comment
by jetranger7 September 7, 2007 7:49 PM EDT
Absolutely NOT, if Jeffery Skilling gets a new Trial, in all seriousness,, he''s Betting on President BUSH to give him a Pardon, before he leaves Office next year ! Thats what he''s banking on !! NO-WAY Skilling that Low-Life-White Trash Piece of Scum Sucking, Degenerate Dispicable, Arrogrant, Mindless, Worthless, Selfcentered, Cocky, Fool of a Thief and Liar, should ever go Free ! Hope what happened to Ken Lay, happens to this Degenerate Worthless F*** !!!!!!!!!!!!!!!!
Reply to this comment
by walt1944-2009 September 7, 2007 7:23 PM EDT
Jeffrey Skilling wants to get out of jail so he can start a new career being a TV weatherman like his brother Tom, at WGN in Chicago. That way, even if he is wrong, he won''t go to jail for it!

Otherwise, like Larry Craig, "IT''S NOT MY FAULT! THE DEVIL MADE ME DO IT!"!!
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