Local media outlets are saying a verdict has been reached in the Enron trial and will be announced beginning at 11 a.m.
All three local tv stations will carry live internet feeds: KPRC-2, KHOU-11, KTRK-13. I would imagine KTRH-740 will also carry live coverage.
MORE: This is from KHOU’s Nancy Holland on the News Blog:
I was sitting right behing Daniel Petrocelli as he was told “the verdict is in.”
I was in the courtroom with producer Juanita Jimenz. Nobody else from t.v. was there. In fact only one print reporter was in the room. Everybody thought the verdict was days if not weeks away. Then the door opened and Daniel Petrocelli who was sitting just on the other side of the bar glanced up. For a second as the woman announced there was a verdict everyone froze. Then we jumped up, followed closely by Petroceli. We rode down in the elevator together. He said nothing. He looked very serious.
It took about two minutes for chaos to hit as word spread. People kept asking “are we sure? Are we sure?” Yes we are. Now we are just waiting to find out the answer.
On the right side of the Chron.com main page is a “Verdict Scorecard.”
KHOU’s Jason Whitely is blogging the verdict results here.
****Jeff Skilling has been found not guilty of insider trading charges, but has been found guilty of conspiracy, making false statements, and securities fraud.****
****Ken Lay has been found guilty on all charges, including the charges in the bank fraud trial that was decided by Judge Sim Lake.****
CORRECTION: Skilling WAS found guilty of one insider trading charge.
POST VERDICT: Now all eyes are on sentencing, which could be steep.
BLOGVERSATION: Houstonist has a long roundup of Enron-related news.
From Jason Whitely’s blog:
Jeffrey K. Skilling
Count 1 (Conspiracy) GUILTY
Count 2 (Securities Fraud) GUILTY
Count 14 (Securities Fraud) GUILTY
Count 16 (Securities Fraud) GUILTY
Count 17 (Securities Fraud) GUILTY
Count 18 (Securities Fraud) GUILTY
Count 19 (Securities Fraud) GUILTY
Count 20 (Securities Fraud) GUILTY
Count 22 (Securities Fraud) GUILTY
Count 23 (Securities Fraud) GUILTY
Count 24 (Securities Fraud) GUILTY
Count 25 (Securities Fraud) GUILTY
Count 26 (Securities Fraud) GUILTY
Count 31 (False Statements to Auditors) GUILTY
Count 32 (False Statements to Auditors) GUILTY
Count 34 (False Statements to Auditors) GUILTY
Count 35 (False Statements to Auditors) GUILTY
Count 36 (False Statements to Auditors) GUILTY
Count 42 (Insider Trading) NOT GUILTY
Count 43 (Insider Trading) NOT GUILTY
Count 44 (Insider Trading) NOT GUILTY
Count 45 (Insider Trading) NOT GUILTY
Count 46 (Insider Trading) NOT GUILTY
Count 47 (Insider Trading) NOT GUILTY
Count 48 (Insider Trading) NOT GUILTY
Count 49 (Insider Trading) NOT GUILTY
Count 50 (Insider Trading) NOT GUILTY
Count 51 (Insider Trading) GUILTYKenneth L. Lay
Count 1 (Conspiracy) GUILTY
Count 12 (Wire Fraud) GUILTY
Count 13 (Wire Fraud) GUILTY
Count 27 (Securities Fraud) GUILTY
Count 28 (Securities Fraud) GUILTY
Count 29 (Securities Fraud) GUILTYCount 38 (Bank Fraud) GUILTY
Count 39 (False statements to banks) GUILTY
Count 40 (False statements to banks) GUILTY
Count 41 (False statements to banks) GUILTY
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