Latest Business News: Ex-Enron CEO Skilling Awaits Reduction of Sentence

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Latest Business News: Ex-Enron CEO Skilling Awaits Reduction of Sentence

Latest Business News: Ex-Enron CEO Skilling Awaits Reduction of Sentence
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Latest Business News: Ex-Enron CEO Skilling Awaits Reduction of Sentence

by Wochit 0:41 mins

Ex-Enron Corp. CEO Jeffrey Skilling, already in prison for his role in the once mighty energy giant's collapse, is set to learn if his more than 24-year prison sentence could be reduced by as many as 10 years. U.S. stocks rose in morning trading on June 21th, as traders regrouped following the biggest drop of the year. China?s credit crunch eased after lending picked up among banks and financial institutions that had been desperately seeking cash in the bank-to-bank market.

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