Today’s edition of #dailyoutrage focuses on Jeffrey Skilling the former chief executive of Enron, jailed for his role in the collapse of the energy giant, was resentenced to 14 years at a court in Houston on Friday from 24 years in exchange for $40M. W …

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Today’s edition of #dailyoutrage focuses on Jeffrey Skilling the former chief executive of Enron, jailed for his role in the collapse of the energy giant, was resentenced to 14 years at a court in Houston on Friday from 24 years in exchange for $40M. We discuss the revelations that an executive at AngloIrish, the firm that almost bankrupted the country, boasted he had picked the €7bn (now £6bn) figure needed to rescue the bank from “out of my arse”.

 

In yet another example of wealth individuals and corporate abuse Silvio Berlusconi was yesterday sentenced to seven years in jail and banned from holding public office ever again and we touch on the reforms proposed by Brazilian President Dilma Rouseff including £17bn public transport programme in response to recent mass protests. We round up today’s edition by mentioning the scandalous decision by the UK to abolish the Agricultural Wages Board in England and Wales which supported 150,000 – the decision takes effect today.


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