Tuesday, April 11, 2006
Jeff Skilling in a second day of testimony denied wrongdoing and blamed Fastow, the individual who was testifying against him in return for a cooperation deal. (see Washington Post here) Skilling and his attorney went through each charge denying that he committed illegal acts. (see Houston Chronicle here).
In reading recent articles concerning the Lay/Skilling trial, it seems clear that the tables are turning. Credibility will likely be a key issue - do you believe Skilling or do you believe Fastow. But cross-examination has not happened yet, and it will be interesting to see if the prosecution can present tangible evidence to impeach Skilling.