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Now, it's the defense's turn in the Enron trial
By TIMES STAFF WRITER
Published April 3, 2006
For nine weeks, prosecutors have laid out their case against Enron Corp.'s former top two leaders: founder Kenneth Lay and former chief executive Jeffrey Skilling.
Today, the defense gets its turn.
Skilling, 52, will be the first of the two to testify, possibly this week.
If Lay, 63, testifies right after Skilling, he could take the stand some time in the second week of them month.
Both face fewer criminal counts because U.S. District Judge Sim Lake approved the government's request to drop three counts against Skilling and one against Lay. Skilling faces 28 counts of fraud, conspiracy, insider trading and lying to auditors, and Lay faces six counts of fraud and conspiracy.
The first defense witness today is slated to be Joannie Williamson, who once worked for the first prosecution witness, former Enron investor relations chief Mark Koenig. Koenig pleaded guilty in August 2004 to aiding and abetting securities fraud for lying to investors about Enron's finances, and he said Lay and Skilling did the same by spouting optimism that hid well-known internal problems.
[Last modified April 1, 2006, 23:45:03]
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