2min chapter

Acquired cover image

Enron

Acquired

CHAPTER

The Penalties Are Not as Long as They Used to Be

Every single one of them all the way down cut plea deals. Ken Rice, who led broadband, did the plea deal, got a 27 month sentence. Rex Shelby was charged with fraud, conspiracy, money laundering. It feels weird to sort of judge whether a criminal penalty is harsh or not. Like acquired doesn't quite feel like the right forum for that because I'm not well and we are also not lawyers.

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