Political Cortex: Brain Food for the Body Politic

Jeff Skilling found guilty on counts 1-19; not guilty on 9 counts, involving securities fraud, conspiracy, wire fraud, insider trading, and lying to authorities. and wire fraud.

The verdict for Ken Lay and Jeff Skilling is being announced in Houston as I write. Ken Lay was found guilty on all 6 counts.

As you may remember (I know, it's been a long time coming), Ken Lay was charged with 6 counts and Jeff Skilling was charged with 28 counts of conspiracy, fraud, and other crimes.

Here's a timeline of Enron's success and collapse.

Shortly before he entered the courtroom, Ken Lay was "confident" he would be found innocent.

The jury returned a little sooner than expected.  (That usually isn't a good sign for the defense.)

Of course, they'll appeal.

I'll update as more facts emerge.