Skilling was originally sentenced to 24 years, the longest sentence of any Enron perpetrator, and has been incarcerated in the federal prison system since his 2006 conviction. He had been facing a release date of Feb. 21, 2028. June 21, 2013 - A federal judge reduces Skilling's sentence by more than 10 years. In return, Skilling agrees to stop challenging his conviction and forfeit roughly $42 million that will be distributed among the victims of the Enron fraud. December 8, 2015 - The SEC announces that it has obtained a summary judgment against Skilling, permanently barring him from serving as an officer or director of a publicly held company. The judgment settles a long-running civil suit by the SEC. Victims, including former Enron employees and stockholders, were invited to speak at the resentencing hearing Friday. More than 4,000 employees lost their jobs and some also lost their life savings, which were tied up in the company investment retirement plans. Investors lost billions of dollars. The name "Enron" has become synonymous with white collar crime, just as the name "Madoff" has become synonymous with Ponzi schemes. Skilling was convicted of fraud, conspiracy, insider trading and lying to auditors during his tenure as executive of Enron, an energy-trading company that went bankrupt in 2001 amid allegations of corporate fraud and corruption. But Skilling has maintained his innocence throughout the duration of the scandal, just like his CEO predecessor Kenneth Lay, who founded Enron. February 21, 2019 - Skilling is released after serving over 12 years in federal prison. Analyse the event above and give comments on it