Page 9 - Enron Case News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And lifelong record and she has nothing to be messed with. she's totally unassuming. she was 74 years old, when she suddenly became new york state attorney general, the papers were like, we don't have any pictures of this person. she stepped in that role in the midst of crisis and she did not miss a step. i know what you're thinking, this is fascinating, i have an interesting biographical sketch, of the appointed attorney general of new york. if it comes up at pub quiz, i'll win and cash prizes. why do i care? how is this around the president possibly being a crook or a foreign agent and what ...

Two names we haven't heard in a while are back in the news tonight. they are enron and ken lay, the man in charge when the company collapsed taking lots of people's retirement money down with it. in a matter of hours, nbc news learned ken lay will turn himself in to face criminal charges. >> if you remember anything about the enron scandal, you proebl probably remember a bunch of fancy executives were indicted and later convicted. some of them actually went to prison in that case. what you might not remember was another big name was indicted along with them, arthur andersen, sounds like a man'...

Accuses them of "abdicating all responsibility for insuring that the foundation's assets were used in compliance with the law." if that case is going to become a criminal matter and that's in process here, if it's a criminal case and not just a civil lawsuit by the state of new york, that could end up being a serious matter for not just trump's charity and the president himself but also for his three eldest children. we should also note because it's a state case, there won't be any way to pardon people out of jeopardy in that case. you can only pardon someone if you're president for federal cr...

Described that way in court to be on the hook in some way, the subject of an investigation or to be expecting indictment himself or herself? >> i think that's fair we would expect them to be under investigation. we have to be careful when we talk about implicating people because evidence has to be developed separately for every defendant in a case. this requires especially a focus on knowledge and on intent in a case like this. to say you implicate someone, cohen's statement and the information filed against him certainly raise a lot of eyebrows both as regards individuals and corporations but...

As a fair conclusion or should we be more careful about viewing it that way? >> i think that the answer is maybe. maybe it does. the government's evidence is only applying to cohen but that's not to say it's limited to cohen. cohen in court yesterday was very engaged. i've rarely seen a defendant who so wanted to speak his piece. he certainly went above and beyond and whether one expects to hear from a defendant during a guilty plea. >> in terms of the way in which he implicated the president, he described the campaign finance felonies he committed having been done not just in coordination wit...