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Enron guilty plea

NZH: Former Enron chief accountant pleads guilty.

Before the plea deal, Causey would have faced 36 charges including conspiracy, fraud, insider trading, money laundering and making false statements on financial reports and could have gone to jail for life if convicted. Skilling and Lay will face 35 and 11 criminal counts, respectively.

Causey's sudden switch from a key member of the defence to a potential star witness for the prosecution could throw off the legal strategy for Skilling and Lay and force a delay in the trial now scheduled to start January 17 before Judge Lake.

[Listening to: History Repeated/All Night Programme -- National Radio (Radio New Zealand)]

(Mmmm, live public radio streams...)


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