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Skilling won't have report to prison: WSJ [View All]

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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-11-06 10:00 PM
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Skilling won't have report to prison: WSJ
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http://news.yahoo.com/s/nm/20061212/ts_nm/enron_skilling_appeal_dc

Skilling won't have report to prison: WSJ

17 minutes ago

HOUSTON (Reuters) - A U.S. appeals court will allow ex-Enron Chief Executive Jeffrey Skilling to stay out of prison while it considers granting him bail, according to a report published on the Wall Street Journal's Web site on Monday.


Skilling was scheduled to report to a federal prison in Minnesota on Tuesday to begin a 24-year sentence for his role in hiding Enron's financial condition from investors as the company's fortunes eroded prior to its 2001 collapse.

Skilling attorney Daniel Petrocelli told the paper he found out Monday evening the Fifth U.S. Circuit Court of Appeals would allow Skilling to remain under house arrest while it considers granting him bail during his appeals of fraud and conspiracy convictions........

A Houston jury convicted Skilling in May.
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