Top Items:
Associated Press:
Lay, Skilling convicted in Enron collapse — HOUSTON - Former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling were convicted Thursday of conspiracy to commit securities and wire fraud in a case born from one of the biggest business scandals in U.S. history.
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CNN:
Lay and Skilling guilty — Ex-CEO and founder convicted on fraud and conspiracy charges in Enron case. — HOUSTON (CNNMoney.com) - Enron former chief executive Jeffrey Skilling and founder Kenneth Lay were found guilty Thursday of conspiracy and fraud in the granddaddy of all corporate fraud cases.
Carrie Johnson / Washington Post:
Jury Convicts Enron's Skilling and Lay — HOUSTON, May 25 — A federal jury today convicted former Enron chairman Kenneth L. Lay of each of the six counts with which he was charged and convicted his protege Jeffrey K. Skilling of 19 of 28 counts, holding the top executives accountable for fraud on their watch.
Discussion:
Tammy Bruce, The American Street, The Sideshow, The Carpetbagger Report, Wonkette and Cato-at-liberty
Steve Bainbridge / ProfessorBainbridge.com:
Lay and Skilling Convicted: Ongoing Reaction — From CNN: … Many thoughts, updated periodically and in no particular order: — Another victory for prediction markets: As I wrote back in April: "The latest contract at Tradesports for Lay to be convicted on at least 4 counts was 65.5 …
New York Times:
Enron Chiefs Guilty of Fraud and Conspiracy — HOUSTON, May 25 — Kenneth L. Lay and Jeffrey K. Skilling, the chief executives who guided Enron through its spectacular rise and even more stunning fall, were found guilty today of fraud and conspiracy in a case that led the parade of corporate scandals …
Mark Babineck / Houston Chronicle:
ENRON JURORS FIND LAY, SKILLING GUILTY — A federal jury convicted former Enron chiefs Ken Lay on all counts and Jeff Skilling on most counts today, marking the climax of one of the most notorious corporate scandals in U.S. history and nearly ensuring prison time for two of Houston's best-known executives.
Discussion:
Happy Furry Puppy Story …, Mark in Mexico, The Next Hurrah, Conglomerate Blog, Off the Kuff and The Left Coaster
Laurie Kellman / Associated Press:
Bush Orders FBI-Congress Documents Sealed — President Bush stepped into the Justice Department's constitutional confrontation with Congress on Thursday and ordered that documents seized in an FBI raid on a congressman's office be sealed for 45 days. — The president directed that no one involved …
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Josephine Hearn / The Hill:
Pelosi move triggers revolt — Furious black lawmakers, rallying behind Rep. William Jefferson (D-La.), were pulled back from the brink of open revolt against House Minority Leader Nancy Pelosi (D-Calif.) in an emergency meeting with her yesterday. — The meeting with a handful of CBC members …
Discussion:
La Shawn Barber's Corner, AMERICAblog, Blue Crab Boulevard, CNN, NewDonkey.com, The Carpetbagger Report, Daily Kos, Democrat Taylor Marsh …, THE NEWS BLOG, Democrats.com, The Reality-Based Community, Interesting Times, Right Wing News, PunditGuy, Gateway Pundit, Daily Pundit, Preemptive Karma, MyDD, The Politburo Diktat, On Deadline, TAPPED, dartblog.com and Talking Points Memo
Laurie Kellman / Associated Press:Hastert Lashes Out at Justice Dept.
Discussion:
Media Blog on National …, BrothersJudd Blog, Hot Air, The Political Pit Bull and Wizbang
Murray Waas / National Journal:
Rove-Novak Call Was Concern To Leak Investigators — On September 29, 2003, three days after it became known that the CIA had asked the Justice Department to investigate who leaked the name of covert CIA officer Valerie Plame, columnist Robert Novak telephoned White House senior adviser Karl Rove …
David Espo / Associated Press:
Senate set for immigration vote today — WASHINGTON - Legislation offering millions of illegal immigrants a chance at U.S. citizenship moved to the brink of Senate passage Thursday, a rare reach across party lines and a triumph for President Bush. — Majority Leader Bill Frist called …
Discussion:
Washington Post, Captain's Quarters, Ankle Biting Pundits › News, The Strata-Sphere and Truthdig
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Dr. Roy W. Spencer / TCS Daily:
Questions for Al Gore — Dear Mr. Gore: — I have just seen your new movie, "An Inconvenient Truth," about the threat that global warming presents to humanity. I think you did a very good job of explaining global warming theory, and your presentation was effective.
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National Journal:
Justice Department Probe Foiled — An internal Justice Department inquiry into whether department officials — including Attorney General Alberto Gonzales and then-Attorney General John Ashcroft — acted properly in approving and overseeing the Bush administration's domestic eavesdropping program …
Milt Freudenheim / New York Times:
The Check Is Not in the Mail — Few things rankle a doctor more than an insurance company's saying it cannot find a claim for medical services. Particularly when there is even a signed return receipt to document delivery of the bill. — "We actually had the little green card to show …
Mohammed Daraghmeh / Associated Press:
Abbas stuns Hamas with talk of referendum — RAMALLAH, West Bank - Palestinian President Mahmoud Abbas said Thursday he will call a national referendum on accepting a Palestinian state alongside Israel if Hamas does not agree to the idea within 10 days. — Abbas' surprise announcement …
Michelle Malkin:
THE MOST IMPORTANT DEBATE OF THE YEAR — An extraordinary exchange just took place on the Senate floor over the last 40 minutes. It's the most important debate of the year, in my opinion. — The questions are these: Who do we let into this country and how many?
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