A U.S. federal jury has found the two former bosses at Enron guilty of fraud. They will learn their sentences on Sept. 11, with both of them facing over 100 years in prison. Although the court ruling brings to an end the biggest corporate scandal in U.S. history, according to experts at InfoWatch, its effects will not be forgotten soon. The SOX law will offer daily reminders of just how corporate America has changed.
The Enron affair may have come to an end, but the repercussions of the scandal at the U.S. energy firm will be felt for years to come by corporate America. Kenneth Lay and Jeff Skilling were convicted last week of conspiracy and fraud by a federal jury. They are due to be sentenced on Sept. 11; both face prison terms of over 100 years.
