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We are the 99 percent

The 1% Own Everything, Including the Supreme Court

Posted 10 years ago on May 13, 2013, 6 a.m. EST by OccupyWallSt
Tags: capitalism, occupy houston, supreme court, hush money, enron, 1%

Former Enron CEO and current jailbird Jeffrey Skilling should be out of jail in just four years, skipping nearly a decade of his prison sentence for corporate fraud and graft.

As the world's richest people are prone to do, Skilling is getting out of jail early with a combination of cash payments and legal maneuvers.

In exchange for early release, Skilling is paying Enron's victims some $40 million in shut-up money and has generously agreed to stop suing everyone involved with his conviction and sentence in 2006.

Skilling's promised payments would equal 0.1% of the $40 billion Enron stole under Skilling's leadership. He was originally sentenced to 24 years behind bars, but his total sentence would be half of that if his lawyers get approval on this latest scheme.

Skilling's appeal went to the Supreme Court in 2010, and the justices agreed with his attorneys that the original conviction was "based in part on an invalid legal theory known as the 'theft of honest services.'”

The same judge who sentenced Skilling will rule at the next hearing, on June 21 in Houston.

Occupy Houston, game on.

Reprinted from Gawker with slight edits



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[-] 3 points by CalliopeAZ (4) from Sedona, AZ 10 years ago

Justice was a wonderful idea when it was first conceived.

But unfortunately Justice, like Liberty, is nothing more than a commodity with a very high price tag - just like the 1% designed it to be.

George Carlin, in his last comedy special, reminded us that we don't have politicians, we have "Owners", and what they want is more for themselves and less for everyone else.

Oh ... I better stop now before I go on a rant.

[-] 2 points by shadz66 (19985) 10 years ago

Occupy The Supreme Court ! It (and with it American Democracy) has been infiltrated and usurped !! Corporations are NOT people and money is NOT speech !!!

fiat justitia ruat caelum ...

[-] 1 points by WSmith (2698) from Cornelius, OR 10 years ago

Wall Street bank heist: greatest redistribution of wealth in human fucking history and is still going on: http://www.accuracy.org/release/will-wall-street-be-held-accountable-for-fraud-and-greatest-redistribution-of-wealth-upward/

Mandate a 6.8% sales tax on all Wall Street transactions NOW!: http://www.huffingtonpost.com/ralph-nader/financial-transactions-tax_b_3109421.html

Reduce Student Loans to Prime Lending Rate: http://elizabethwarren.com/student-loans

Instant Runoff Voting: http://www.fairvote.org/instant-runoff-voting#.UZXycspIHr4

[-] 1 points by shoozTroll (17632) 10 years ago

Lest we forget.


The Smartest Guys in the Room

[-] 1 points by shoozTroll (17632) 10 years ago

His co-workers would prefer that he stay there, but not the courts?


[-] 1 points by shoozTroll (17632) 10 years ago

He has to find the guy that got away.