So It Goes: Enron Perp Will Get Out of Jail (Almost) Free By Buying Himself Out

by
Abby Zimet

Former Enron CEO Jeffrey Skilling - who spearheaded an epic $40 billion fraud that cost thousands of employees their jobs and retirement funds but who nonetheless famously claimed, "We’re the good guys. We are on the side of the angels” - has reportedly cut a deal with prosecutors to get out of jail a decade early in exchange for paying his victims a modest amount to shut up already. The deal, arranged after the sort of complex legal maneuvering only rich white men can afford to indulge in, calls for Skilling to stop suing everyone and agree to pay his victims $40 million, or 0.1% of what Enron stole in the first place. In a relative universe, the six years he's served is more than any of the current perps who trashed the economy. Then again, if he was a black guy who robbed the 7-11, he'd still be cleaning latrines for some time to come.

This is the world we live in. This is the world we cover.

Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do.

Share This Article

More in: