LANO, Texas – When Enron filed for bankruptcy on December 2, 2001—at the time the largest bankruptcy in U.S. history—the once high-flying energy company cemented its reputation as the very symbol of corporate fraud.

Its top executives, including Chairman Ken Lay, CEO Jeffrey Skilling and Chief Financial Officer Andy Fastow became household names, and the term “Enron accounting” joined the business and political lexicons.

In a recent article Scott Yeager wants to set the record straight if that is possible. Please“I try to put behind me, I try to go on with life,” Yeager said in an exclusive interview. “But the part that keeps taking me back, let’s call it, the injustice anger part.”

After years of silence, Yeager agreed to speak to CNBC in hopes of changing the widespread public perceptions about Enron and the sweeping federal investigation that followed. He was one of dozens of executives ensnared in that probe, but in 2009 became one of the only ones cleared of criminal charges, in a case that went all the way to the Supreme Court. He has left the bustle of Houston and moved to the ranch in Llano, where he does consulting.

You will have to excuse me for a minute. I have to go get a towel to wipe up all my tears I am shedding for Mr. Yeager. My keyboard is getting soaked.

I wonder how many meals the “stock braker” has missed since the default? Not many; you can bet on that.

Some of these “out of touch with reality guys” really think people should feel sorry for them.

Mr. Lay chairman of the board either took the easy way out or Mother Nature came calling.

On July 7, 2004, Lay was indicted by a grand jury on 11 counts of securities fraud and related charges. On January 31, 2006, following four and a half years of preparation by government prosecutors, Lay’s and Skilling’s trial began in Houston. Lay was found guilty on May 25, 2006, of 10 counts against him; the judge dismissed the 11th. Because each count carried a maximum  5 to 10-year sentence, legal experts said Lay could have faced 20 to 30 years in prison. However, he died while vacationing in Snowmass, Colorado on July 5, 2006, about three and a half months before his scheduled October 23 sentencing. Preliminary autopsy reports state that he died of a heart attack caused by coronary artery disease. As a result of his death, on October 17, 2006, the federal district court judge who presided over the case vacated Lay’s conviction. There have been conspiracy theories surrounding his death.

It really doesn’t surprise me that all of the investors who lost all of their life’s saving are never mentioned as victims. It is all about the poor billionaires that have to give up the 7 castles, a pent house in New York where they pay $ 20,000.00 a month to have one of their investors walk their 9 poodles and their wives never learned how to cook so they are starving.

HOUSTON — A former Enron executive Scott Yeager is free of criminal charges related to financial fraud at the one-time energy giant after an appeals court ruled he should be acquitted of all counts.

Like most of the other malefactors Scott Yeager walks away scott free. His boss Mr. Lay was not as lucky. The grim reaper got to him first.

Like the Old Italian proverb reads “passeggiate soldi e parla merda”.

We thought that our grandfathers who put their money under the mattress was nuts!!

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