Marketplace   Menu Guide   Complete Pages      
butler eagle
Site last updated: Tuesday, July 22, 2014 Bookmark our site!
Local PennsylvaniaNationalInternationalNews Extras  
Published: June 21, 2013 print this article Print save this article Save email this article Email ENLARGE TEXT increase font decrease font

Ex-Enron CEO Skilling resentenced to 14 years



HOUSTON — Former Enron Corp. CEO Jeffrey Skilling has been resentenced to 14 years as part of a court-ordered reduction that closes one of the country’s most notorious financial scandals.
Skilling was resentenced Friday by U.S. District Judge Sim Lake in Houston.
Skilling already was in prison for his role in the once-mighty energy giant’s collapse, having been sentenced in 2006 to more than 24 years. That sentence was vacated by an appeals court.
The Justice Department also agreed to an additional sentence reduction of about 20 months as part of a deal with prosecutors to allow the distribution of about $41 million in restitution to victims of the Enron collapse.





Back
Comments
Order Photos!
 
MORE NEWS HEADLINES
arrow 2 appeals courts give different opinions on Affordable Care Act
arrow Crash downs utility wires on Center Avenue
arrow HEADLINES
arrow Public topics will be limited
 
MOST READ ARTICLES
arrow POLICE REPORTS
arrow Parents group not pleased
arrow Man accused of theft spree
arrow Couple gets married at home plate