FROM Peter Henning
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.
A Climate Change Deal in China, and Calls for Change in Mexico The historic deal between the US and China promises to set the most ambitious carbon reduction standards ever from the world’s top two greenhouse gas producers. Also, the case of 43 missing students in Mexico has made headlines around the world. What would it take to break the hold of drugs and political corruption in Mexico?