As the Enron trial lumbers towards the end of its second week, Tom Kirkendall continues to have good analysis (keep scrolling). While the Enron bankruptcy has spawned a number of books, it is likely that the Enron prosecution may spawn a few of its own. Already, the prosecution has botched trials thought to be lay-ups and has demonstrated a new level of presecutorial abuse. I know that most people have little sympathy for the defendants, but one has to be concerned with the tactics being used in these cases. From reading his posts, while its early in the game, the defense may be ahead on points, as the prosecution made another tactical error in leading with and spending far too long with a weak witness, indicating that they are ready to commit on the same mistakes they made in the failed broadband trial.
By the way, this snippet is very funny - the indictment against Skilling and Lay is apparently so unclear and confusing and poorly written that the prosecution, who wrote it, is asking that the judge not allow it to be mentioned or quoted in the trial. LOL - they are asking that no one mention the charges against the defendants in front of the jury. Which is actually pretty appropriate, since in effect the prosecution is going to try to get Skilling and Lay convicted of being rich and unlikable rather than convicted of any specific charges.
By the way, we in Phoenix have been watching the revelations about gambling surrounding our Coyotes coaching staff. The leaks by the police of as-yet unproven charges against prominent people is yet another abuse that happens all-too-often. Beyond my own questions as to why gambling of this sort is even illegal in this day and age, it is crystal clear to me that the NJ police are going out of their way to leak insinuations of Gretsky involvement, which I don't think they can prove, merely to get press and attention for themselves.