Busy Working?: Holder Working On Deal To Commute Prison Sentence of Former Enron CEO Jeff SkillingSubmitted by emalvini on Fri, 04/05/2013 - 10:36
Busy Working?: Holder Working On Deal To Commute Prison Sentence of Former Enron CEO Jeff Skilling
Submitted by Tyler Durden | 04/04/2013 | 11:56 -0400
Former Enron CEO Jeff Skilling may be the latest beneficiary of the culture of pervasive permitted, even according to some - encouraged, crime. After being sentenced to prison for 24 years in the aftermath of Enron's spectacular 2001 bankruptcy, the former CEO may be released after serving well less than half of his term. As a result his prison term, which scheduled to end in 2028, may be cut by more than half as a result of a new agreement with the Department of Justice. It appears that AG Eric Holder is so busy not prosecuting Wall Street for being Too Big To Prosecute, he has decided it is far wiser to spend his time productively by commuting the sentences of convicted financial felons, because apparently there is nothing more important to do.