Thursday, April 3, 2008

The Meaning Of 'Honest Services'

What does 'honest services' really mean? That is the question convicted Enron CEO, Jeff Skilling would like answered.

Prosecutors used the honest services theory to convict Skilling of conspiracy to commit securities and wire fraud. While an instruction to the jury linked only 12 counts of securities fraud to that conspiracy count, Petrocelli argued that all 19 counts on which he was convicted — including a count of insider trading and five counts of lying to auditors — should be thrown out because the theory taints everything.

Do you think Jeff Skilling's conviction should be overturned?

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