Just so we’re clear, the advice you young people should take is that if you’re poor now and you feel a bit criminally inclined, you should go to business school, get a degree, work your way up to a chief position within a major corporation, and then rob people of everything they’ve got and then some.
It’s a longer path, but far more lucrative and you’ll get a lot less jail time than if you give into your impulses right now and go jack some a convenience store.
Jeffrey Skilling, the convicted former Enron Corp. chief executive officer, may get out of prison in as little as four years if a judge approves a deal with prosecutors over objections by victims of one of the biggest corporate frauds in U.S. history.
In exchange for getting as many as 10 years cut from his 24-year sentence, Skilling will drop his bid for a new trial and end litigation over his conviction. A jury found he spearheaded a fraud of as much as $40 billion that destroyed the world’s largest energy trader in 2001.