Enron Executives, and their trial

A Google search for Enron CIBC fine finds these two links:

The first fine, in 2003.

The settlement, in 2005.

It appears that these misdemeanours occurred in 1998-2001.

Amazingly, two executives involved are actually going to trial – now, in 2012.

This should really be a dumb question, or two dumb questions. First, why does it take so long for the criminal case to come to court? And, just as fascinating, what exactly did it mean for CIBC to pay a very large fine, to admit no wrongdoing, and to have the SEC agree to go away?

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