Enron Verdict

By: Sarah Goebel
By: Sarah Goebel

The verdicts in, for one of the biggest business scandals in U.S. History.
Enron founder Kenneth Lay and former CEO Jeffrey SKilling were convicted of fraud and conspiracy in Houston yesterday.
Lay says he still believes he's innocent of charges that he illegally covered up Enron's finances before the company's collapse.
He says despite the trial outcome, he remains blessed by his family and friends and his religious faith remains unshaken.
Lay posted a 5 million dollar bond with family-owned properties at a hearing following the verdict.
He was ordered to surrender his passport, stay in the region, avoid contact with victims, and keep clear of gun ownership, alcohol and drugs.

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