As the government wound down its case this morning, it left jurors with a taste of the large salaries Lay and Skilling raked in — almost $375 million between them — as the company slipped into bankruptcy.Enron employees lose their life savings. Arthur Andersen employees, tens of thousands of them who had nothing to do with Enron, lose their jobs. Institutional portfolios that invest American retirement and pension assets lose billions when Enron goes under.
Skilling earned more than $151.7 million from Enron Corp. from 1999 to 2001, the year he resigned and the company collapsed. He also sold stock for more than $41 million.
In the same three years, Lay earned more than $222.8 million from the company. The indictment spans 1999 through 2001.
Meanwhile, Jeff and Kenny Boy grab a quarter-billion dollars each.
Seriously, how much more does anyone need to know?