Kevin P. Hannon, a former officer in Enron's broadband division and one of the government's instrumental witnesses in the conviction of Jeffery Skilling, has been sentenced to two years in prison.

Hannon plead guilty in 2004 to one count of conspiracy in connection with the rampant fraud at the former energy trading firm. Skilling himself, a key player in the fraud, was sentenced to his own two-year prison term earlier this month.

More on Hannon, here, via Forbes.com.

-- MDT

Labels: accounting fraud, Enron, Jeff Skilling, Kevin Hannon

Jeff Skilling, the former Enron chief exec, had been anticipating the possibility of a reprieve from jail time while he awaited the outcome of his appeal on fraud charges. It was not to be. The same court that signaled the possibility of bail for Skilling has snatched it away. He may report as soon as today to the Federal pen where, barring reversal on appeal, he'll be serving some or all of a 24 year sentence.

-- MDT

Labels: appeal, Conviction, Enron, Fraud, jail, Jeff Skilling

He might just make bail while he waits on appeal. The WSJ elaborates.

Also, Tom Kirkendall at the always charming (even when I disagree with him) Houston's Clear Thinkers, takes his usual hard look at the full gamut of Enron-related prosecutions. Well worth a look in case you've lost track of who all got left with the tab when Enron went belly up. Check it out.

-- MDT

Labels: appeal, bail, corruption, Enron, Houston's Clear Thinkers, Jeff Skilling, prosecution, white collar crime