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5:20 PM ET, May 25, 2006

memeorandum

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CNN:
Lay and Skilling guilty  —  Ex-CEO and founder convicted on fraud and conspiracy charges in Enron case.  —  HOUSTON (CNNMoney.com) - Enron former chief executive Jeffrey Skilling and founder Kenneth Lay were found guilty Thursday of conspiracy and fraud in the granddaddy of all corporate fraud cases.
Carrie Johnson / Washington Post:
Jury Convicts Enron's Skilling and Lay  —  HOUSTON, May 25 — A federal jury today convicted former Enron chairman Kenneth L. Lay of each of the six counts with which he was charged and convicted his protege Jeffrey K. Skilling of 19 of 28 counts, holding the top executives accountable for fraud on their watch.
New York Times:
Enron Chiefs Guilty of Fraud and Conspiracy  —  HOUSTON, May 25 — Kenneth L. Lay and Jeffrey K. Skilling, the chief executives who guided Enron through its spectacular rise and even more stunning fall, were found guilty today of fraud and conspiracy in a case that led the parade of corporate scandals …
Discussion: Feministe
Steve Bainbridge / ProfessorBainbridge.com:
Lay and Skilling Convicted: Ongoing Reaction  —  From CNN: … Many thoughts, updated periodically and in no particular order:  — Another victory for prediction markets: As I wrote back in April: "The latest contract at Tradesports for Lay to be convicted on at least 4 counts was 65.5 …
Mark Babineck / Houston Chronicle:
ENRON JURORS FIND LAY, SKILLING GUILTY  —  A federal jury convicted former Enron chiefs Ken Lay on all counts and Jeff Skilling on most counts today, marking the climax of one of the most notorious corporate scandals in U.S. history and nearly ensuring prison time for two of Houston's best-known executives.
The Raw Story:
Enron jury reaches a verdict in fraud and conspiracy case
Laurie Kellman / Associated Press:
Bush Orders FBI-Congress Documents Sealed  —  President Bush stepped into the Justice Department's constitutional confrontation with Congress on Thursday and ordered that documents seized in an FBI raid on a congressman's office be sealed for 45 days.  —  The president directed that no one involved …
Discussion: OrinKerr.com
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Washington Post:
Saturday Night Search
Susan Jones / CNSNews:
Raid on Jefferson's Office Prompts Hearing
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Josephine Hearn / The Hill:
Pelosi move triggers revolt  —  Furious black lawmakers, rallying behind Rep. William Jefferson (D-La.), were pulled back from the brink of open revolt against House Minority Leader Nancy Pelosi (D-Calif.) in an emergency meeting with her yesterday.  —  The meeting with a handful of CBC members …
David Leonhardt / New York Times:
This Glass Is Half Full, Probably More  —  HERE is a political Rorschach test for this midterm election year.  What's your reaction to the following:  —  These are the best of times in many ways.  Americans are wealthier than previous generations, they are healthier and they enjoy a higher standard of living.
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Brad DeLong / Brad DeLong's Semi-Daily Journal:
Why Oh Why Can't We Have a Better Press Corps? …
Discussion: TAPPED
National Journal:
Justice Department Probe Foiled  —  An internal Justice Department inquiry into whether department officials — including Attorney General Alberto Gonzales and then-Attorney General John Ashcroft — acted properly in approving and overseeing the Bush administration's domestic eavesdropping program …
Mohammed Daraghmeh / Associated Press:
Abbas stuns Hamas with talk of referendum  —  RAMALLAH, West Bank - Palestinian President Mahmoud Abbas said Thursday he will call a national referendum on accepting a Palestinian state alongside Israel if Hamas does not agree to the idea within 10 days.  —  Abbas' surprise announcement …
Michelle Malkin:
THE JIHADI SNIPERS REVISITED  —  For most people, the Beltway-area sniper case is a distant memory.  Over and done.  But in Montgomery County, Md., the pain and suffering caused by convicted killing spree murderers Lee Malvo and John Muhammad is as fresh and raw as it was three years ago …
Charles Babington / Washington Post:
Fragile Senate Coalition Set To Pass Bill on Immigration  —  The Senate moved to the verge of passing landmark immigration legislation yesterday, scheduling a final vote for today on a bill that would tighten the borders while allowing millions of illegal immigrants to stay in the country and permitting new guest workers to come and go.
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David Espo / Associated Press:
Senate set for immigration vote today
Media Matters for America:
Author of NYT tabloid story on Clintons has checkered record … Patrick Healy, the author of a front-page, above-the-fold May 23 New York Times article purporting to examine the married life of Sen. Hillary Rodham Clinton (D-NY) and former President Bill Clinton, wondered in a 2004 report …
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Gateway Pundit:
Tehran Universities Erupt in Violence Overnight!  —  Iranian Protests:  —  * After fighting with police and vigilantes on Wednesday, Tehran University students set their dorms on fire Thursday as protests grew more violent overnight.  —  * Violence rocked the northern Tabriz region again …
Reuters:
Q1 GDP growth fastest in 2-1/2 years  —Text+WASHINGTON (Reuters) - The U.S. economy shot forward at an upwardly revised 5.3 percent annual rate in the first quarter, the fastest growth in 2-1/2 years, as companies built up inventories and exports strengthened, a Commerce Department report on Thursday showed.
 
 
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 More Items: 
Norman Geras / Guardian:
The path out of denial  —  The idea that the Euston Manifesto …
Rep. Jane Harman / The Agonist:
Check your rearview mirror before pulling into traffic
Kobayashi Maru:
Watering Down Ahmadinejad: Historic "Slap"... or "Zap"?
Ginger Thompson / New York Times:
Some in Mexico See Border Wall as Opportunity
Drudge Report:
ABC HASTERT TRANSCRIPT
Peter Svensson / ABCNEWS:
AP Unveils Deal to Tie Stories to Blogs
 Earlier Items: 
Robert Pear / New York Times:
Fiscal Conservatives Heighten Fight Over Pet Projects
Milt Freudenheim / New York Times:
The Check Is Not in the Mail  —  Few things rankle a doctor …
Howard Fineman / Newsweek:
Selfless Oracle?  —  Al Gore is at his most appealing when he isn't running for office.
George F. Will / Washington Post:
A Vote For English
Griff Witte / Washington Post:
Expanded Worker Checks Would Use Faulty System
 

 
From Mediagazer:

Benjamin Mullin / New York Times:
Ben Sherwood and Joanna Coles take minority stakes in The Daily Beast; Sherwood will be CEO and publisher, and Coles will be chief creative and content officer

Laurence Peter / BBC:
Russia's Ministry of Justice labels BBC Russian correspondent Ilya Barabanov and science reporter Asya Kazantseva as “foreign agents”; both now live abroad

Sahil Patel / The Information:
Sources: Disney plans old-style TV channels within Disney+, with a continuous, scheduled stream of shows that are focused on certain genres like Star Wars

 
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