Ken Lay On Guilty Charge: "We Believe That God...Is In Control And...He Does Work All Things For Good For Those Who Love The Lord"...

First Posted: 03/28/08 03:43 AM ET Updated: 05/25/11 12:50 PM ET

Associated Press:

Former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling were convicted Thursday of conspiracy and securities and wire fraud in one of the biggest business scandals in U.S. history.

The verdict put the blame for the 2001 demise of the high-profile energy trader, once the nation's seventh-largest company, squarely on its top two executives. It came in the sixth day of deliberations following a federal criminal trial that lasted nearly four months.

Read the whole story: Associated Press

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