Enron Probe Could Lead to Jail Time, New CEO Says

The new chief executive of Enron conceded that the government's investigation into the bankrupt company could end up sending people to jail.

"I think it's going to be difficult to not hold one or more people accountable," said Stephen Cooper, who became chief executive after Kenneth Lay resigned last month. "I think it is -- I don't know if it's a high likelihood, but I think that there is some likelihood that ... one or more people could end up ... going to jail," he said on ABC's "Good Morning America."

Asked if crimes were committed at Enron, Cooper said, "The crime is that all of these people have been hurt ... the crime is that somebody turbocharged it to the point where it just, poof, blew up."

Meanwhile, a bankruptcy court judge ruled that Enron workers who lost their savings in the collapse should have access to financial documents that already have been provided to congressional investigators.

Judge Arthur J. Gonzalez of the U.S. Bankruptcy Court of the Southern District of New York ruled Wednesday that Enron must provide these documents -- likely to be thousands of pages -- to past and present workers, including holders of the company's 401(k) plan.

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