FROM Chris Palmeri
Enron Verdicts The Enron case took four months to try, but the jury needed just 31 hours to reach its verdicts. Enron founder Ken Lay is guilty on all six counts of fraud and conspiracy in the loss of $60 billion from the collapse of his company. Former CEO Jeffrey Skilling is guilty on 19 of 28 charges of fraud, conspiracy and insider trading. After sentencing on September 11, they could spend the rest of their lives in prison. Attorney Dan Petrocelli promised "a full and vigorous appeal." The Enron collapse cost $60 billion in corporate value; $2.1 billion in pensions and 5600 jobs. We speak with federal prosecutors, former employees, and others about the latest development in a series of scandals that have rocked corporate America.
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.