Ex-Enron Workers: Keep Skilling in Prison

Prison Bars

News that former Enron CEO Jeffrey Skilling may get out of prison early isn't sitting well with some of the company's former employees.

CNNMoney reports that Skilling has cut a deal with the Justice Department that could see his 24-year sentence for his role in Enron's collapse cut by almost 10 years.

For some employees - who collectively lost more than $2bn in retirement funds - that just isn't right.

'It's been seven years for him, but there's no way I or many of the other people that lost money will ever get that back', said Diana Peters, a former technology specialist at the now-defunct energy company.

Peters lost her entire $75,000 retirement portfolio when Enron collapsed in last 2001. After losing her job at the age of 50, she worked a number of temporary computer gigs, including three years on an overnight shift, before landing a permanent computer job in 2011. When she got laid off from that job in 2011, she decided to retire.

'I'm on Social Security and have no retirement savings', Peters said. She gets by on $1,300 a month and by picking up the occasional odd job.

Hit the link below to access the complete CNN article:

Ex-Enron workers: Keep Skilling in prison

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