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Monday, January 30, 2006

Enron Trial, Day 1

Day 1 of the criminal trials of former Enron executives Kenneth Lay and Jeff Skilling began today with jury selection--12 jurors and four alternates must be selected.  The Houston Chronicle has this ongoing "Enron: TrialWatch" that is blogging the trial in near real-time.

The limited seating at the trial has apparently created a hot ticket--the Chronicle reports that to get its seat, the Chronicle had people wait outside in line starting at 5 a.m., and one wire service hired people to wait in line beginning at 6:30 p.m.  the night before. 

I predict that it will be quite a bit easier to get a seat once the parties' experts have droned on for weeks on the nuances of FASB and GAAP.

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