This just in: Jeff Skilling was sentenced to 24 years in prison. Skilling will not be allowed free on bail awaiting appeal but has some time before he will be told when to report to prison. The play-by-play of the hearing is on the Houston Chronicle blog. Judge Lake explained that the sentence was proportionate to the crime because Skilling effectively sentenced "hundreds, if not thousands," to a "life sentence of poverty." I think I would quibble with that statement, but I guess that's for another post.
Note that Skilling gets the pain of a long sentence without even the solace of "one for the record books." To be known as the holder of the longest white-collar crime sentence, Skilling would have had to receive a sentence of 25 years and a day.
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