Apr 21, 2006

Berkowitz 4 Skilling 0...

Junkyard Dog, Jr. Sean "Berkowitz ended his questioning after reviewing 11 reasons that Skilling gave for resigning in August 2001, including his loss of credibility with Wall Street analysts, his inability to communicate Enron's strengths and his desire to spend time with his family. The prosecutor also asked about Skilling's heavy drinking just before the bankruptcy."
What are reasons 4-11?
A Friend in Need/Naughty Boy - How about a few photos of Ms. $454,508 Photofete?
On Deck Monday - Kenny Boy Lay!

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10 Comments:

Anonymous Anonymous said...

Reason #4 - "The California Energy Crisis - Damn, it just couldn't get any better than that! I peaked as an amoral businessman."

1:12 PM  
Blogger SP Biloxi said...

Well, I have to comment on Berkowitz's performance as the lead prosecutor in the Enron case. He has been really taught well by the best. I have to tell you that the WSJ law professors and law blog, before Berkowitz's first appeareance, were naysayers to Sean. They all felt that he would fall on this face in this case because of his youth. But, when Berkowitz pulled that rabbit out the hat to discuss the Photofete to Skilling, WSJ colmunist, Peter Lattman and law professors were really taken back by this. And they were shocked at Skilling's demeanor. Since the beginning of the trial, Skilling was very much in control with his emotions especially when he was crossexamined by Petrocelli. But, that all changed when Skilling was crossexamined by Berkowitz. Berkowitz has really turned around the WSJ's perception of him. Lattman describes that Berkowitz "wowed" the law bloggers and he did. It is will be interesting Lay's testimony for next week. He may be going over with his attorney a different strategy since he now know what he is up against with Berkowitz. But, hat's off to Berkowitz. This will be a long trial for both Petrocelli and Berkowitz. But, tell Berkowitz, keep doing what he is doing!

1:21 PM  
Blogger airJackie said...

Fitz I've heard enough you have to go to church all these cases are so dirty soap/water want help. Paying a friend $10,000 ya and I was born yesterday. I don't like you hanging around these people. Sean must really think that these guys who think their better then others are the lowest of human life. When you go behind those closed doors the real people are shown.

1:21 PM  
Blogger Patrick J. Fitzgerald said...

Yes, maam.

1:37 PM  
Blogger SP Biloxi said...

This is interesting passage about "Kenny Boy" courtesy of Bethany McLean and Peter Elkind’s book “The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron”:

"Lay was a hard man not to like. His deliberately modern midwestern manner — Lay made a point of personally serving drinks to subordinates along for the ride on Enron’s flagship jet — built a deep reservoir of goodwill among those who worked for him. A short, balding man with an endearing resemblance to Elmer Fudd, he remembered names, listened earnestly, and seemed to care about what you thought. He had a gift for calming tempers and defusing conflict. " Elmer Fudd??? How funny....Wondering Berkowitz has taken notes from this book?

1:58 PM  
Anonymous Anonymous said...

I doubt if Elmer likes that ..:)

but it will be quite a coo to be tagged on the 10,000..if he can't be gotton on the millions he stole..kinda like Al Capone and Tax evasion

3:23 PM  
Blogger teak said...

The local news had a segment on today that the pawn shops are starting to do more business...because people cannot afford gasoline anymore.

There is not any sympathy in this country by everyday folks for the likes of Skilling, Lay, Bush, Cheney, Rove, Rumsfeld, Whittig, and on and on...

4:37 PM  
Anonymous Anonymous said...

Ken Lay is a yale school dropout preppy boy.

I hope he goes to jail for a long time and learns where the soap is!

How stupid that Skilling thought he could pull one over on Berkowitz, what you know the drill here, nobody pulls one over on Berkowitz!

He's a professional hitman at this game now. Great work.

3:23 AM  
Anonymous Anonymous said...

Carnegie-Mellon Tepper School of Business, Alumni magazine archive:
http://wpweb2.tepper.cmu.edu/magazine/pdfs/Fall2005.pdf - page 39, top of page: Ms. Binder on the right.

10:35 PM  
Anonymous Anonymous said...

Sorry, here's the proper link:

http://wpweb2.tepper.cmu.edu/magazine/pdfs/Fall2005.pdf

page 39, top of page: Ms. Binder on the right.

10:38 PM  

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