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dman
07-05-2006, 11:26 AM
Reports: Enron's Ken Lay Dies Of Massive Heart Attack

POSTED: 10:04 am EDT July 5, 2006
UPDATED: 10:21 am EDT July 5, 2006

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HOUSTON -- Former Enron Corp. chairman and founder Ken Lay died of a massive heart attack Tuesday, according to broadcast reports.

Houston TV station KPRC and CNN both reported that Lay's death was confirmed Wednesday.

Lay, 64, was admitted to the Aspen Valley Hospital overnight with a massive coronary, KPRC reported.

Doctors said his heart simply "gave out" and the death was unexpected.


Lay was found guilty on May 25 on six counts of conspiracy to commit securities and wire fraud in a case born from one of the biggest business scandals in U.S. history.

The verdict put the blame for the 2001 demise of the high-profile energy trader, once the nation's seventh-largest company, squarely on its top two executives. It came in the sixth day of deliberations following a trial that lasted nearly four months.

In a separate, non-jury bank fraud trial, U.S. District Judge Sim Lake found Lay guilty of bank fraud and making false statements to banks related to his personal banking.

He was to be sentenced on Oct. 23. Lay's charges carried a maximum penalty of 45 years in prison for the corporate trial and 120 years in the personal banking trial.

Former Enron CEO Jeff Skilling, 52, was found guilty with Lay in the fraud trial. He was convicted of 19 of the 28 counts against him.
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Not that I want to see anyone die, but cheating people out of the millions like he did would cause my heart to simply give out also.

Redsland
07-05-2006, 11:30 AM
Your cut-and-paste accidentally omitted the last line, which I'll include below:

"After definitely not faking his own death, according to the coroner with the Rolex, Mr. Lay most certainly did not flee the country under an assumed name."

:)

reds1869
07-05-2006, 11:30 AM
Hard to feel sad over this one. Hopefully he made peace with his maker over the terrible things he did.

RedsBaron
07-05-2006, 11:47 AM
What a wasted life.

Redsfaithful
07-05-2006, 02:41 PM
Couldn't have happened to a nicer guy.

Hap
07-05-2006, 02:55 PM
karma karma karma karma karma chameleon

gonelong
07-05-2006, 02:56 PM
you come and go ...

HotCorner
07-05-2006, 03:02 PM
.

WMR
07-05-2006, 06:19 PM
Chances of Ken Lay going to jail are.................. .................... ........................Remote

Sweetstop
07-05-2006, 07:21 PM
Greed and guilt will kill.

GAC
07-05-2006, 07:44 PM
Couldn't have happened to a nicer guy.

:shocked:

Redsfaithful
07-06-2006, 01:40 AM
Surely GAC, surely you got the sarcasm there.

smith288
07-06-2006, 01:43 AM
Hopefully Mr Lay has sufficient answers for his final judgement.

GAC
07-06-2006, 08:51 AM
Surely GAC, surely you got the sarcasm there.

No I don't.

registerthis
07-06-2006, 12:19 PM
Chances of Ken Lay going to jail are.................. .................... ........................Remote

Lock up the corpse, I say.

M2
07-06-2006, 01:16 PM
What a wasted life.

Ain't that the truth. When people have to stop themselves from high-fiving over your death, you've really skulked your way through an awful existence.

Falls City Beer
07-06-2006, 02:53 PM
I imagine it's a suicide that will allow his family to keep their 6.5 mill in toys, yachts and homes...since they're untouchable upon his death.

Noble Roman?

Or Willy Loman?--"I'm a dime a dozen, pah."

RedsBaron
07-06-2006, 03:01 PM
I imagine it's a suicide that will allow his family to keep their 6.5 mill in toys, yachts and homes...since they're untouchable upon his death.


I don't know if they are untouchable or not. If I represented any of the creditors and victims of the Enron mess, I'd sure by trying to reach out and touch them.

M2
07-06-2006, 03:02 PM
I imagine it's a suicide that will allow his family to keep their 6.5 mill in toys, yachts and homes...since they're untouchable upon his death.

Noble Roman?

Or Willy Loman?--"I'm a dime a dozen, pah."

Ken always did have his mind on his money and his money on his mind (not to mention your money as well).

Though I suspect his personal holdings are still extremely touchable. If you rob a bank and then die, your wife doesn't get to keep the cash.

Falls City Beer
07-06-2006, 03:07 PM
Ken always did have his mind on his money and his money on his mind (not to mention your money as well).

Though I suspect his personal holdings are still extremely touchable. If you rob a bank and then die, your wife doesn't get to keep the cash.

Yeah, but he's still got stuff that was gained "lawfully"--that can't be touched in punitive trials, as I understand. But admittedly, my understanding of law is not great.

registerthis
07-06-2006, 03:54 PM
Dig him up and shoot him again.

15fan
07-06-2006, 04:01 PM
Doctors said his heart simply "gave out"...


His soul and conscience, however, checked out long ago.

WVRed
07-06-2006, 09:06 PM
You all do realize Ken Lay is not really dead.

He is living on his own private island in the middle of the Atlantic.;)