Fraud, Enron | featured news

Former Enron CEO Jeffrey Skilling, who is serving a 24-year prison term for his role in the energy giant's epic collapse, could get out of prison early under an agreement being discussed by his attorneys and the Justice Department, CNBC has learned. Skilling, who was convicted in 2006 of conspiracy, fraud and insider trading, has served just over six years.

Goldman Sachs Chief Executive Lloyd Blankfein has hired Reid Weingarten, a high-profile Washington defense attorney whose past clients include a former Enron accounting officer, according to a government source familiar with the matter.

The Supreme Court has struck down part of the anti-fraud law enacted in response to Enron and other corporate scandals from the early 2000s.

Supreme Court says fraud law can't be used in convicting Skilling for role in Enron collapse.