HOUSTON – Two former chief executives of Enron Corp. “lied over and over and over again” to investors and employees in a widespread fraud that cost victims millions of dollars, a federal prosecutor said Monday. Enron founder Kenneth Lay and former Chief Executive Jeffrey Skilling carried out their crimes “through accounting tricks, fiction, hocus-pocus, trickery, misleading statements, half-truths, omissions and outright lies,” prosecutor Kathryn Ruemmler told jurors and a packed courtroom in closing arguments. Ruemmler, pacing back and forth before the jury box with her hands clasped behind her back, said Lay and Skilling did it all just to keep Enron’s stock price up. The men are charged with conspiracy and fraud in the energy company’s spectacular 2001 collapse. And when Enron finances took a turn for the worse in 2001, “Mr. Skilling and Mr. Lay had a choice,” the prosecutor said. “They could come clean and tell the truth about Enron’s financial condition – or they could lie to cover it up. They chose to lie.” AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBasketball roundup: Sierra Canyon, Birmingham set to face off in tournament quarterfinalsRuemmler thanked jurors on behalf of the United States for showing up for each day of the trial, and said they had heard complex and wide-ranging testimony. But she said repeatedly that the complex case boiled down to criminal lies. The government began its closing argument after U.S. District Judge Sam Lake told jurors to weigh with “great care” the testimony of witnesses who have pleaded guilty as part of a deal with prosecutors. Lake stressed that those plea agreements are “lawful and proper,” however, as he read instructions to the eight women and four men who later this week will begin deliberating Lay and Skilling’s fate. “You as jurors are the judges of the facts,” Lake said, urging the panel to decide the case solely on the evidence and “without prejudice or sympathy.” A key element of Lay and Skilling’s defense is that prosecutors pressured Enron subordinates into admitting crimes they never committed and lying about their bosses to avoid having to go to trial themselves. Jurors were expected to hear closing arguments by the defense today and begin deliberations Wednesday. The case lasted more than 14 weeks and featured 54 government and defense witnesses, including Lay and Skilling. Each side also presented mountains of documents and hours of video- and audiotapes that will be available for jurors to sift through during deliberations. While the jury deliberates, Lake will conduct a separate trial related to Lay’s personal banking – specifically, that he took out $75 million in loans from three banks and reneged on an agreement not to use the money to carry or buy margin stock. The bank-fraud trial will be conducted without a jury. Lake plans to issue his verdict after jurors in Lay and Skilling’s joint trial deliver theirs.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!
Klay Thompson subscribes. You can too for just 11 cents a day for 11 months + receive a free Warriors Championship book. Sign me up!OAKLAND — Steve Kerr hardly minced his words about Kevin Durant, who had more turnovers (nine) than field-goal attempts (eight) in the Warriors’ Game 2 loss to the Los Angeles Clippers.“Absolutely, he needs to be more aggressive,” Kerr said. “It’s the playoffs. He can get any shot he wants at anytime. I want to see him get 20 shots, 30.”It does not appear Durant …
Share Facebook Twitter Google + LinkedIn Pinterest Whitney Short, agricultural educator at Anthony Wayne High School in Whitehouse, Ohio, is one of only six individuals nationwide who received the 2017 National Agriscience Teacher of the Year Award. The award was presented in December at the National Association of Agricultural Educators’ annual convention in Nashville.The National Agriscience Teacher of the Year award recognizes teachers who have inspired and enlightened their students through engaging and interactive lessons in the science of agriculture.Although it is located at Anthony Wayne High School, the agriculture program is actually a satellite of the Penta Career Center. When Short realized that enrollment was declining, she renewed student interest by creating an agriculture biotechnology pathway. Through the new course of study, students have the opportunity to explore biotech in both animal and plant systems. The popularity of the new pathway has led Short to steadily increase science-based agriculture offerings at Anthony Wayne.An integral piece of the agriculture program at Anthony Wayne is project-based learning. In the Chicken Challenge, students conduct an experiment to evaluate a broiler chicken’s rate of weight gain using a variety of feeds. Students care for the chickens until they are ready for butchering, which is done with student help at a certified processing facility. The project teaches students about food safety, technical writing, animal welfare, marketing and communication. Through these kinds of rigorous and relevant experiences students leave Short’s program better prepared for college and careers.
zoom South Korean shipbuilder Hyundai Heavy Industries (HHI) marked a marginal improvement in its business results for the third quarter of the year posting 2.1% higher profit year-on-year.The net profit stood at KRW 197 billion against KRW 193 billion reported in the third quarter of 2016.Operating income came at KRW 93.5 billion, down by 20.8 % when compared to the corresponding period from last year when the operating income totaled KRW 118.1 billion.HHI’s sales were also down by 27.3 % year-on-year totaling KRW 3.8 trillion in Q3.As informed earlier, HHI Group’s shipbuilding affiliates have so far this year won new orders for 110 ships worth USD 6.7 billion, 90% of the USD 7.5 billion annual target, the shipbuilder said.World Maritime News Staff
War Child and O2 are proud to announce the line-up, dates and venues for Passport Back To The Bars, a week of one-off events offering incredible access to big names acts in the most intimate music venues.This special series of gigs supporting War Child will be especially important coming, as they do, after an unprecedented year of violence for children in war zones.The full line up isThe Vaccines16 Feb, Dublin Castle, LondonYou can enter the lottery on the War Child UK Passport page. Or text VACCINES to 88450Ride(Andy Bell and Mark Gardener acoustic show) 19 Feb, 100 Club, LondonYou can enter the lottery on the War Child UK Passport page. Or text RIDE to 88450Duran Duran19 Feb, Wilton’s Music Hall, LondonYou can enter the lottery on the War Child UK Passport page. Or text DURAN to 88450You Me at Six22 Feb, Hoxton Bar & Kitchen, LondonYou can enter the lottery on the War Child UK Passport page. Or text YMAS to 88450Bastille23 Feb, Sofar Sounds House Party, LondonYou can enter the lottery on the War Child UK Passport page. Or text BASTILLE to 88450Elbow24 Feb, the Roadhouse, ManchesterYou can enter the lottery on the War Child UK Passport page. Or text ELBOW to 88450Ticket detailsTickets to all shows are available by lottery.Each entry costs £4.50 and offers the chance of winning a pair of tickets to the chosen show. You can enter as many times as you like.Every entry will make a vital contribution to War Child’s work protecting vulnerable children who have been affected by conflict around the world.
APTN National NewsSome Mi’kmaq high school students put their skills and their robot to the test.The group recently competed at the world robotics championship in Michigan.As Trina Roache reports, they’re already planning bigger and better things for next year.