A federal jury found former Enron chairman Kenneth L. Lay guilty of every one of the half-dozen counts with which he was charged and convicted his protege Jeffrey K. Skilling of 19 more on Thursday, pinning them with responsibility for one of the era's biggest and most damaging business frauds. (Washington Post, Friday)
We also need the free market to protect us from businessmen.
FEE Timely Classic
Enron Shows Need for More Regulation? It Just Ain't So! by David R. Henderson