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9:50 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.
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 …
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: PrawfsBlawg and Feministe
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 …
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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 …
Washington Post:
Bush Orders That Seized Records Be Sealed
Washington Post:
Saturday Night Search
Susan Jones / CNSNews:
Raid on Jefferson's Office Prompts Hearing
Carl Hulse / New York Times:
Bush Orders Documents From F.B.I. Raid Sealed
Discussion: RuminateThis
David Espo / Associated Press:
Senate set for immigration vote today  —  WASHINGTON - Legislation offering millions of illegal immigrants a chance at U.S. citizenship moved to the brink of Senate passage Thursday, a rare reach across party lines and a triumph for President Bush.  —  Majority Leader Bill Frist called …
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Dr. Roy W. Spencer / TCS Daily:
Questions for Al Gore  —  Dear Mr. Gore:  —  I have just seen your new movie, "An Inconvenient Truth," about the threat that global warming presents to humanity.  I think you did a very good job of explaining global warming theory, and your presentation was effective.
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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 …
Milt Freudenheim / New York Times:
The Check Is Not in the Mail  —  Few things rankle a doctor more than an insurance company's saying it cannot find a claim for medical services.  Particularly when there is even a signed return receipt to document delivery of the bill.  —  "We actually had the little green card to show …
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 …
 
 
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 More Items: 
Oliver Duff / Independent:
Galloway says murder of Blair would be 'justified'
Discussion: Atlas Shrugs
John / OPFOR:
MICHAEL YON RIPPED OFF
Anna Bahney / New York Times:
Interns? No Bloggers Need Apply
Discussion: Feministe and Althouse
CNET News.com:
House panel votes for Net neutrality
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
Ginger Thompson / New York Times:
Some in Mexico See Border Wall as Opportunity
 Earlier Items: 
Robert Pear / New York Times:
Fiscal Conservatives Heighten Fight Over Pet Projects
Reuters:
Q1 GDP growth fastest in 2-1/2 years
Gateway Pundit:
Tehran Universities Erupt in Violence Overnight!
George F. Will / Washington Post:
A Vote For English
David Leonhardt / New York Times:
This Glass Is Half Full, Probably More
 

 
From Mediagazer:

Lauren Feiner / The Verge:
The US Senate passes the TikTok divestment bill by a margin of 79-18; the legislation now heads to President Biden, who has committed to sign it into law

Chris Morris / Fortune:
Taylor Swift's new album smashed streaming records; Spotify says it had 300M+ streams on launch day and became 2024's most-streamed album within just 12 hours

Ashley Carman / Bloomberg:
Spotify Q1: revenue up 20% YoY to €3.6B, MAUs up 19% to 615M, vs. 617.9M est., subscribers up 14% to 239M, and a €168M operating income; SPOT closes up 11.41%

 
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