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The Incredible Shrinking Enron Scandal

Reported by Melanie - August 11, 2005

One of the topics of discussion on Your World w/Neil Cavuto today (August 11, 2005) was the sentencing of Scott Sullivan, a former Worldcom executive, to five years in prison. At one point, Cavuto steered the discussion to the upcoming trial of Enron's Ken Lay, and he wondered whether Lay's subordinates might "snitch" on Lay in order to get short sentences too, much like Sullivan "snitched" on Worldcom's CEO, Bernie Ebbers (who was sentenced to 25 years).

One of the issues Cavuto raised was that the Enron trial will be held in Texas. He suggested that the Enron defendants might be in trouble because, in Texas, there are "a lot of people who felt that they were gouged."

Comment: A "lot of people who felt that they were gouged"? What a freaking understatement!

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