Kenneth Lay and Jeffrey Skilling, 2006 News

former executives of Enron who were at the helm of the energy company when it crumbled in 2001, were found guilty of fraud and conspiracy by a Houston jury in May. Lay was convicted of six counts of fraud and conspiracy and four counts of bank fraud. He died in July while awaiting sentencing. Skilling was found guilty of 18 counts of fraud and conspiracy and one count of insider trading. When Enron filed for bankruptcy in 2001, it was the largest such claim in U.S. history, resulting in the loss of about 5,000 jobs and leaving thousands of people financially ruined.

2006 People in the News