Which Way Is the Enron Probe Going?

The government is either progressing methodically, carefully building a case against the top execs -- or it's coming up empty on that score

In the days ahead, the federal government's latest charges against two mid-level Enron broadband executives will likely be remembered as a crucial watermark in the far-flung probe. The latest criminal complaints will be revealed as proof for either Scenario A: Prosecutors are moving methodically in this complex investigation to build their way to the top. Or Scenario B: They don't have a case against Enron's former top executives, Kenneth Lay and Jeffrey Skilling, despite more than a year of intense scrutiny.

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