Court: Skilling Must Report to Jail Immediately
Go directly to jail, do not pass Go, and forget about collecting $200. The 5th Circuit Court of Appeals took one day after yesterday's stay order to deliver that message to Enron's Jeffrey Skilling today.
Judge Patrick Higginbotham of the 5th U.S. Circuit Court of Appeals wrote in his two-page order that "Skilling raises no substantial question that is likely to result in the reversal of his convictions on all of the charged counts."
As a result, Higginbotham denied Skilling's request for bail pending his appeal and vacated an earlier order staying his prison report date.
Skilling must now report to the low security level federal prison at Waseca, MN to begin serving his 24 year sentence. Ouch. But the Judge gave Skilling a glimmer of hope for his appeal:
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