Friday, October 18, 2002

The money quote from the story about Enron's Timothy Belden is:

As part of his plea agreement, Belden, who was paid a total of $5.5 million in 2001, promised to turn over $2.1 million in salary and bonuses, "which represents the portion tied to the fraud." He faces a possible sentence of five years in prison and a $250,000 fine, but his sentence could be reduced significantly if he cooperates with investigators.

Pass the popcorn and please don't let him get depressed.