"This is a sign to any and all pending white-collar cases that corporate crime does not pay," said Anthony Sabino, a law professor at St. John's University in New York. "It is a huge memo to corporate officers and other chieftains. Stay within the law, and don't cheat your shareholders and don't lie to the market, or your next address is the federal penitentiary."
Among all the crowing, it was almost forgotten that some of the major players, including Enron's former chief financial officer, Andrew Fastow, made plea bargains with federal prosecutors in exchange for their testimony.
"It often is those with a heavy dose of psychopathic features who forget any pledges or notion of loyalty as soon as there is a chance to save their own skin," notes Robert Hare, co-author of a chilling new book called Snakes in Suits: When Psychopaths Go To Work.
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[Proofreader's note: this article was edited for spelling and typos on May 30, 2006]
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