Enron started the corporate crime cavalcade and for many people remains the most-identifiable image of businesses run amok. Thus, Ken Lay and Jeff Skilling, the Butch Cassidy and Sundance Kid of the Enron debacle, seem like natural candidates to headline the feds' Most Wanted list of corporate criminals. They even star as ace and king of spades, respectively, in a Wall Street's Most Wanted card deck. But Lay, Enron's former CEO, and Skilling, its former president, have not been indicted.
Corporate trials on the docket
Dennis Kozlowski (Tyco), continuing, state court, New York
Martha Stewart, Jan. 20, federal court, New York
Scott Sullivan (WorldCom), Feb. 2, federal court, New York
John Rigas and sons (Adelphia), Feb. 9, federal court, New York
Lea Fastow (Enron), Feb. 11, federal court, Houston
Frank Quattrone (CSFB), March 22, federal court, New York
Andrew Fastow (Enron), April 20, federal court, Houston
Bernie Ebbers (WorldCom), spring, state court, Oklahoma
Richard Scrushy (HealthSouth), no date set, federal court, Birmingham, Ala.
That's a lot of corporate misbehavior to hit the news during primary season.
Some of them are major Bush fundraisers (Lay and the Gang of Enron) and some are Bush scapegoats (Martha Stewart). We'll be doing our part to keep the story of these thieving felons — and the proportionality of their treatment relative to the favor they enjoy within the Bush administration — front and center.