Wednesday, May 8, 2013
From The New York Times:
Jeffrey K. Skilling, imprisoned for the last six years because of his role in the fraud that caused the collapse of Enron, has reached a deal that could reduce his sentence by more than a decade.
As part of the agreement with the Justice Department, the former chief executive of the energy giant will waive his rights to any further appeals. In addition, he has agreed to allow more than $40 million of assets that were seized from him to be distributed to victims of Enron’s failure.