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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.
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 …
Discussion:
Feministe
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 …
Mark Babineck / Houston Chronicle:ENRON JURORS FIND LAY, SKILLING GUILTY
Discussion:
Happy Furry Puppy Story …, Mark in Mexico, Off the Kuff, Conglomerate Blog, The Next Hurrah 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 …
Discussion:
Instapundit.com, A Blog For All, Ankle Biting Pundits › News, Hit and Run, TPMmuckraker and OrinKerr.com
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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:
CNN, AMERICAblog, Daily Kos, Blue Crab Boulevard, NewDonkey.com, The Carpetbagger Report, THE NEWS BLOG, Democrat Taylor Marsh …, Democrats.com, Daily Pundit, The Reality-Based Community, Interesting Times, Right Wing News, PunditGuy, Gateway Pundit, Preemptive Karma, MyDD, On Deadline, TAPPED, dartblog.com and Talking Points Memo
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 …
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David Leonhardt / New York Times:
This Glass Is Half Full, Probably More — HERE is a political Rorschach test for this midterm election year. What's your reaction to the following: — These are the best of times in many ways. Americans are wealthier than previous generations, they are healthier and they enjoy a higher standard of living.
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Brad DeLong / Brad DeLong's Semi-Daily Journal:Why Oh Why Can't We Have a Better Press Corps? …
Discussion:
TAPPED
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 …
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?
Gateway Pundit:
Tehran Universities Erupt in Violence Overnight! — Iranian Protests: — * After fighting with police and vigilantes on Wednesday, Tehran University students set their dorms on fire Thursday as protests grew more violent overnight. — * Violence rocked the northern Tabriz region again …
Media Matters for America:
Author of NYT tabloid story on Clintons has checkered record … Patrick Healy, the author of a front-page, above-the-fold May 23 New York Times article purporting to examine the married life of Sen. Hillary Rodham Clinton (D-NY) and former President Bill Clinton, wondered in a 2004 report …
Discussion:
Firedoglake, Attytood, The Horse's Mouth, Lawyers, Guns and Money and The Huffington Post
Reuters:
Q1 GDP growth fastest in 2-1/2 years —Text+WASHINGTON (Reuters) - The U.S. economy shot forward at an upwardly revised 5.3 percent annual rate in the first quarter, the fastest growth in 2-1/2 years, as companies built up inventories and exports strengthened, a Commerce Department report on Thursday showed.
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