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December 13, 2006
Skilling's free pass canceled after one day
HOUSTON - Former Enron chief executive Jeffrey Skilling is expected to report to prison today. One day after a federal appellate court ruled that the former Enron chief executive could remain free until it decided on his request for bail pending appeal of his sentence for conspiracy, fraud and insider trading, the judge in the case rejected the request.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.
Skilling is now required to report to a low-security federal prison in Waseca, Minn., to begin serving his 24-year sentence on 19 counts of conspiracy, fraud and insider trading.
Marianne Matus, spokeswoman for the U.S. Marshal Service in Houston, said Skilling is expected to surrender on Wednesday in Minnesota. Since he is out on bond, he can report to the prison on his own, she said.
This guy is a hardened criminal that cost hard working Americans billions of dollars. The notion that he should be allowed to walk around the streets free while his overpaid attorneys work with the Republican party to get him off is sickening. Trust me, if you or I were convicted of even the most minor crime that required jail time, every Republican from here to California would be screaming for our immediate incarceration, but for the Republicans there are two sets of laws, one for us honest hard working folks, and then one for them.
[via America Blog]
Read more over at Yahoo News.
Posted by Jamison at December 13, 2006 2:37 PM
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