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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.
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
ENRON JURORS FIND LAY, SKILLING GUILTY
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 …
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Washington Post:
Bush Orders That Seized Records Be Sealed — President: This is Government's Greatest Dilemma in 200 Years — President Bush personally ordered the Justice Department today to seal records seized from the Capitol Hill office of a Democratic congressman, marking a remarkable intervention …
Laurie Kellman / Associated Press:
Hastert Lashes Out at Justice Dept.
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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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? …
Why Oh Why Can't We Have a Better Press Corps? …
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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?