Andersen's Nemesis, Jeff Skilling is Served Due Justice

The wheels of justice grind slowly, but they meted out a just sentence on Jeff Skilling, the former Enron CEO, one of the few people responsible for Andersen's dramatic collapse and foreever changing the accounting firm landscape by reducing the Big 5 to the Big 4.

Jeff Skilling was sentenced Monday to more than 24 years in prison. The U.S. District Judge Sim Lake, in handing out the harshest sentence yet in the Enron saga, said Skilling's crimes "have imposed on hundreds if not thousands of people a lifetime of poverty."

He allowed Skilling to remain out of jail, but mostly confined to his home with an electronic monitor on his ankle. Skilling also has to pay $45 million in restitution to Enron investors. Skilling, was "disappointed" by the verdict but would appeal the 19 criminal counts against him.

In his comments, Skilling was remorseful for what happened at Enron, but maintained he had committed no crime. "The company did not have enough dry powder to deal with it. That, in sum and substance, is what happened in Enron," he said.

Enron and Andersen employees were severely affected.

So now Skilling can serve the Big 24, and repent his wrondoings.