The Richest Woman in the World: How Gina Rinehart Earns her Billions
America's 10 Highest-Paid CEOs of 2011 (and How They Earned It)f
Joseph Hirko, the former CEO of Enron's internet division, has been sentenced to 16 months in prison for his role in what was at the time the largest securities fraud case in United States history.
Mr. Hirko pleaded guilty to one count of wire fraud as part of a plea bargain. He apologized for his crimes before being sentenced. He will also pay $8.7 million in restitution. According to the New York Times, "Mr. Hirko, who now owns a business that rents tables, chairs and other equipment for parties and other events, will remain free on bond until he reports to prison in the next few months."
Will the owner of a party rental business be able to satisfy an $8.7 million judgment? Who knows.
Joseph Hirko, the former CEO of Enron's internet division, has been sentenced to 16 months in prison for his role in what was at the time the largest securities fraud case in United States history.Mr. Hirko pleaded guilty to one count of wire fraud as part of a plea bargain. He apologized for his crimes before being sentenced. He will also pay $8.7 million in restitution. According to the New York Times, "Mr. Hirko, who now owns a business that rents tables, chairs and other equipment for parties and other events, will remain free on bond until he reports to prison in the next few months."
Will the owner of a party rental business be able to satisfy an $8.7 million judgment? Who knows.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
