Monday, October 23, 2006

Grand Old Police Blotter: The Skilling Kind Edition

Convicted Bush supporter Jeffrey K. Skilling has just become the dumbest guy in the cell. United States District Judge Simeon Lake today sentenced the unrepenitent Republican to 24 years in the penitentiary for securities fraud and conspiracy:

The judge's sentence fell within the 2000 federal sentencing guidelines. Judge Lake rejected the government's call to use stricter 2001 guidelines. But he found several reasons to increase Mr. Skilling's sentence into a range of 292 months to 365 months, or 24 years and 4 months to 30 years and 5 months.

The higher sentence, the judge said, was because he found that Mr. Skilling had lied to the Securities and Exchange Commission about the real reasons for his sales of Enron stock before the company's collapse in December 2001. Mr. Skilling said he sold the stock only because of the impact on the market of the 9/11 terrorist attacks.

So 9/11 didn't change everything.

It's a shame Jeff didn't apply his considerable talents where they would have been appreciated -- for the Coalition Provisional Authority.

See you in 2030, Jeff.

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