Thursday, June 01, 2006

Ken Lay and the Courts...a Feel-Good sentence

Well, a jury of people that Ken Lay certainly would not accept as peers deliberated and found the former Enron CEO guilty of fraud and other charges, and it looks like he gets a Neo-Nazi named Bubba for his roomie for up to 30 years. This is a good start--but by no means enough.


Having him rot in jail for the remainder of his days does not pay for the damage he has done--to investors, to employees and to the economy. We need to go further. The government needs to seize every penny he or his family owns, every asset, every palatial home, every fancy car, every bit of jewelry. No hiding place or shelter should save his family from penury, as they all benefited from his crime. The crying shame is that most of his wealth is probably very well hidden in some offshore bank or corporation where his family and other cronies will be able to enjoy it.


The thought of Jeff Skilling working in the prison laundry does warm the heart. Add the spice of seeing his family impoverished, and maybe we can think that the American justice system is not completely owned by the rich.


Let's get the bankruptcy courts and government investigators busy tracking down their ill-gotten gains before they all vanish, and maybe the folks who lost their asses on believing these jokers will see a little justice by getting some of their money back.

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