9:09 AM Wed, Sep 27, 2006 | Permalink
Jason Whitely
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Houston City Councilwoman Carol Alvarado is testifying before a Harris County Grand Jury this morning.
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11:12 AM Tue, Sep 26, 2006 | Permalink
Jason Whitely
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Andrew Fastow, one of the key figures in Enron Corp.’s collapse, was sentenced to six years in prison Tuesday.
Fastow, Enron’s former chief financial officer, had agreed to serve a maximum 10-year term when he pleaded guilty in 2004. But the judge said he deserved a lighter sentence because Fastow has been persecuted following Enron’s collapse and that his family has suffered enough.
“Prosecution is necessary, but persecution was not,” said U.S.
District Judge Kenneth Hoyt. “These factors call for mercy.”
Fastow was taken immediately into custody after the judge rejected his requ...
