Tuesday, September 26, 2006

Six Years for Fastow

Andrew Fastow took his medicine Tuesday. But the prescription isn't as stiff as some expected -- and it's positively candy-coated compared with Bernard Ebbers' spoonful.

Fastow, the former finance chief of Enron, was sentenced to six years in prison by a Houston judge.

The ex-CFO had originally faced 98 counts -- including fraud, insider trading and money laundering -- in the spectacular 2001 implosion of the energy-trading giant. Fastow had pleaded guilty to two counts of conspiracy, accepting ten years in the hoosegow and surrendering some $30 million in assets.