The Supreme Court favours three jailed bosses in a crop of pro-business rulings
THREE of America’s most notorious former company bosses received good news as the Supreme Court issued its final rulings before the summer recess. On June 24th Jeffrey Skilling, the former chief executive of Enron, and Conrad Black, the former boss of the Hollinger media empire, heard that the court had upheld their appeals against their convictions for failing to provide “honest services” to the shareholders of their firms. Then on June 29th, in the light of its ruling in the Skilling case, the Supreme Court ordered a lower court to review its conviction of Richard Scrushy, once the boss of HealthSouth, along with Don Siegelman, an ex-governor of Alabama who was initially judged to have been bribed by Mr Scrushy.
See full Article.
Posts
