Skilling, who headed the company from February to August 2001, surrendered to the Federal Bureau of Investigation on February 19, 2004 in connection to the fraud charges against Enron and Skilling's successor in the CEO position, Kenneth Lay.
About a month after he quit Enron, Skilling sold almost $60 million of his shares in Enron (in blocks of 10,000 to 500,000), leading to the prosecutors believing that he sold those shares while knowing of the bankruptcy Enron was facing.
Skilling is the brother of Tom Skilling, a popular meteorologist in Chicago, Illinois.
Share your thoughts, questions and commentary here
Want to know more? Search encyclopedia, statistics and forums:
Press Releases |
The Wikipedia article included on this page is licensed under the
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms, 1022, m