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Tuesday, December 12, 2006

WSJ: Ex-Enron CEO Skilling Won't Have To Report To Prison...

Reuters December 11, 2006 10:31 PM

A U.S. appeals court will allow ex-Enron Chief Executive Jeffrey Skilling to stay out of prison while it considers granting him bail, according to a report published on the Wall Street Journal's Web site on Monday.

Skilling was scheduled to report to a federal prison in Minnesota on Tuesday to begin a 24-year sentence for his role in hiding Enron's financial condition from investors as the company's fortunes eroded prior to its 2001 collapse.

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