Judge: Jurors reached a 'very tough verdict' - Spokane, North Idaho News & Weather KHQ.com

Judge: Jurors reached a 'very tough verdict'

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HOUSTON - The judge says jurors reached a "very thorough verdict" against Enron's former executives Kenneth Lay and Jeffrey Skilling on conspiracy and fraud. Immediately following their convictions, the federal judge set a $5 million dollar bond for Lay and ordered him to surrender his passport before leaving the courthouse. Judge Sim Lake says the bond already in place for Skilling was sufficient.

Lake says he doesn't believe home confinement is necessary for either before a scheduled sentencing in September. The two were found guilty of plotting to manipulate financial records to mask the energy trading titan's crumbling finances. Lay was also convicted separately of personal banking crimes. Skilling and his lawyer say they will appeal.

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