Business briefs 3/19/04

Enron's Skilling still can't get to frozen assets

HOUSTON -- Former Enron Corp. chief executive Jeffrey Skilling's millions will remain frozen indefinitely, potentially jeopardizing his ability to meet personal expenses and pay his high-powered legal team. U.S. District Judge Sim Lake ruled late Thursday in favor of the federal government's request to maintain a freeze on more than $55 million in cash and property.

Jurors deliberate on fate of two ex-Tyco execs

NEW YORK -- Jurors began deliberating Thursday whether two former executives looted more than $600 million from Tyco International Inc. and used the money to pay for vacation homes, extravagant furnishings, jewelry and a party on a Mediterranean island. Former Tyco chief executive L. Dennis Kozlowski and former finance chief Mark H. Swartz are both charged with 32 counts of grand larceny, falsifying business records and violating state business laws.

-- From wire reports