Enron's Skilling Reportedly Hospitalized After Bar Episode
Updated from April 9
Former Enron chief executive Jeff Skilling was hospitalized early Friday after police responded to calls saying he was harassing bar patrons on Manhattan's Upper East Side.
A police source said callers claimed Skilling was pulling on their clothes and accusing them of being "FBI agents following me," according to the Associated Press.
Skilling's lawyer denied the police account, saying it was Skilling who was being harassed by two men who later assaulted him and his wife. Police denied that story.Skilling was found by police at 4 a.m. EDT at the corner of Park Avenue and East 73rd Street and determined he might be an "emotionally disturbed person," a source told the AP. He wasn't charged and has since left New York Presbyterian Hospital. Skilling was at two bars in Manhattan -- American Trash and Vudu Lounge -- where he allegedly was visibly drunk and acting erratically, the source told the AP. The New York Post reported that at about 3 a.m., he went to Lexington Bar & Books on 73rd Street where he lifted a woman's shirt. Skilling then left that bar and was taken into custody on Park Avenue where his wife, Rebecca Carter, who was on crutches, fell as she tried to catch up with him. Skilling is currently out on $5 million bail after being indicted for fraud and insider trading in the December 2001 collapse of Enron. Prosecutors have alleged he helped mastermind the illicit accounting schemes that helped put the energy trading giant into bankruptcy, wiping out tens of thousands of investors and employees. The AP quoted a police source saying Skilling was intoxicated and uncooperative when found on the street with his wife. He was taken to the hospital for observation.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV