Wednesday, July 05, 2006

Enron Founder Ken Lay Dead of Heart Attack

HOUSTON (Reuters) - Enron Corp. founder and chief executive Ken Lay, who was convicted in May for his role in the in the Houston-based company's downfall, died of a heart attack on Wednesday at his vacation home in Colorado.

"Ken Lay passed away early this morning in Aspen," Lay family spokeswoman Kelly Kimberly said in a statement.

Lay, 64, was awaiting sentencing later this year and was expected to face a lengthy prison term for his convictions in the Enron collapse.

Lay and former Enron Chief Executive Jeffrey Skilling were convicted of fraud and conspiracy for hiding the financial ruin at Enron, which collapsed into bankruptcy in December 2001.
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I must not take pleasure in the misfortune of other's.
I must not take pleasure in the misfortune of other's.
I must not take pleasure in the misfortune of other's.
I must not take pleasure in the misfortune of other's.
I must not take pleasure in the misfortune of other's.
I must not take pleasure in the misfortune of other's.


...God, this is killing me.

7 comments:

Carol said...

Some people will go to any lengths to avoid jail.

Julie said...

I don't know, John,I feel kind of cheated. It would have been better if he went to jail and then died the night before his release.

erin said...

It couldn't have happened to a nicer person.

Hopeless Pedant said...

That's "others", no apostrophe.

(Sorry, I can't help myself!)

the hanged man said...

Spellcheck has betrayed me once again...

k.c. said...

thanks, hopeless pedant. i was slacking in my role as johnny's unofficial, unwanted copy editor.

[when he posts so g.d. erratically, things get by a girl!]

Lickety Split said...

Who's to say he's really "dead"? Where was Dick Cheney during all this? Oh wait, I forgot, he's a hologram,...