Larry Ribstein, a law professor at the University of Illinois College of Law, thinks Lay's death might provoke a reevaluation of government strategy in pursuing white-collar criminals.

FORBES: Lay Cheats Justice

Such a strategy is relatively rare in white-collar criminal cases because of the danger something will go wrong during cross-examination by prosecutors.

FORBES: What To Expect At The Raj Rajaratnam Trial

In this strategy, called a zero-cost collar, your costs are limited to your transaction costs alone, since your proceeds from selling the calls will zero out the cost of the puts.

WSJ: Stocks Are Riskier Than You Think

He confirmed the government would be producing a strategy for creating so-called "green collar" industrial jobs early next year.

BBC: Miliband: Criticism 'part of job'

If this strategy works for London, could we see white-collar perpetrators coming forward in flocks to admit guilty on crimes that the government had no idea were even occurring?

FORBES: Connect