ginamari9

Tuesday, November 07, 2006

Jeffrey Skilling, the former Enron executive, is still staying he's innocent! He was sentenced to serve 24 years and 4 months in prison on 19 counts of fraud and conspiracy. He was one of the men to dream up deceitful accounting tricks to hide the financial problems Enron was going through. Most people believe that the sentencing for white collar crimes is too harsh, and that may be the case in a lot of instances, but I don't believe his sentencing is too harsh. His purposeful unethical acts and lies caused pain to many families, and I think he deserves everything he's getting. Not only did Skilling's actions cause people to lose their jobs, but what he did effected so many people's futures and their families futures. If he wins and appeal...... aye yi yi.

Here's a brief summary of the Enron film we watched:

The film is based on the book by Bethany McLean and Peter Elkind. It takes a look at probably the biggest corporate scandal in American history. It traces the events leading up to the company walking away with more than a billion dollars - which robbed employees and investors blind. The documentary is a interwoven mass of video footage, audio and interviews that lay out the story. It was pretty interesting... and humorous at some points.

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