Buh bye, Kenny-boy

Tim Johnson/Reuters

Lay and Skilling Guilty of Fraud and Conspiracy.

For once the bad guys are being held to account. I hope they get long, long, long prison sentences. I was living in Houston when Enron went under, and knew some people who worked for the company. They were given 30 minutes to vacate their offices, and dismissed without any severance. They found out that their 401K accounts had been wiped out overnight. They lost everything in a matter of days.

In subsequent months many of them found out that they were virtually unemployable, due to the stain of Enron. Some were retirees who had worked for 30 years or more for Enron. With their retirement savings wiped out, they found themselves back in the job market just to make ends meet. Many lost their homes.

The human wreckage that Lay and Skilling perpetrated on their employees was staggering. For that alone (never mind the damage they did in California), these asswipes deserve to rot in jail for the rest of their natural lives.

I'm sure the city of Houston is breathing a deep sigh of relief tonight.