
Enron founder Kenneth Lay dies at 64
“HOUSTON - Enron Corp. founder Kenneth Lay, who was convicted of helping perpetuate one of the most sprawling business frauds in U.S. history, died Wednesday in Aspen, Colo. He was 64.
Lay died of a heart attack, his pastor in Houston said.
“Apparently, his heart simply gave out,” said Pastor Steve Wende of Houston’s First United Methodist Church. Lay, who lived in Houston, frequently vacationed in Colorado.
Lay was convicted May 25 along with former Enron CEO Jeffrey Skilling of defrauding investors and employees by repeatedly lying about Enron’s financial strength in the months before the company plummeted into bankruptcy protection in December 2001. Lay was also convicted in a separate non-jury trial of bank fraud and making false statements to banks, charges related to his personal finances.”
I’m not saying Ken Lay was suicidied. But I do love a good conspiracy so I’m linking to another Enron death, a one Cliff Baxter, a former top Enron executive.
Also note how the story has been edited. The story I quoted above was the one I read this morning. The one that appears now when you click the link has a different tone though the link address is the same.
Posted by Vixen as News at 2:54 PM CDT
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Posted by Vixen as Sugasm at 12:30 AM CDT
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