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November 15, 2006

Enron's Causey gets 5-1/2 years

As detailed in this AP article, "Richard Causey, the last of the top Enron Corp. executives to learn his punishment, was sentenced Wednesday to five and a half years in prison."  White Collar Crime Prof Blog has more here.  Notably, adding together Causey's and Fastow's sentences, the twosome will still serve collectively less than half the time given to Jeff Skilling.

UPDATE:  In related news, this Houston Chronicle article reports on when and where Skilling will have to report:

Former Enron CEO Jeff Skilling has been ordered to surrender to a Minnesota prison next month. In an order made public Wednesday, U.S. District Judge Sim Lake told Skilling to surrender to a federal prison in Waseca, Minn., about 75 miles south of Minneapolis, by 2pm Dec. 12.

At Skilling's request, Lake recommended the U.S. Bureau of Prisons place the ex-CEO at a facility in Butner, N.C.  The bureau typically tries to grant such requests, but various factors can lead to an alternate placement, such as whether the prison has enough space.

November 15, 2006 at 10:56 PM | Permalink

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