Show Time for Andrew Fastow in Enron
It's show time for Andrew Fastow next week in Enron. The former CFO will take the stand to testify against Ken Lay and Jeff Skilling and earn his sentence reduction.
Defense attorneys Michael Ramsey and Daniel Petrocelli have made it clear that they intend to prove that Fastow's illegal conduct was the only wrongdoing within the company -- and was done without the knowledge of Lay or Skilling. That should make for some aggressive questioning once the defense begins their cross examination.
Fastow's plea agreement is here. It calls for a ten year sentence (after cooperation) and no further reductions after sentencing. It also called for him to begin serving his sentence when his wife Lea was released from serving her one year stint (but he's still free and the judge has granted numerous motions for him to travel, according to the court docket.) As I wrote here, it was a strict plea agreement:
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