History is filled with defendants who had their testimony blow up in their face. It is a little like pulling the pin on a hand grenade and hoping that you get it to the other side before it blows up. |
Most people in the white-collar world would agree that Enron is the granddaddy of all frauds in the last two decades. How this comes out is a test of the limits of what the corporate community will tolerate in business practices. |
We shouldn't feel guilty for enjoying the fact that these people are no longer wealthy. I find it hard to feel bad for Ken Lay. Many, many other people lost their wealth and were put into poverty by the Enron collapse. But whether he is guilty is a question for a jury. |