The government will do all it can to destroy Ken Lay's credibility at the Enron trial.
With his death from a massive heart attack today, Ken Lay cheated justice.
This is why Chairman Ken Lay did not flee to the Caymans with riches, but stayed through the end.
Two years ago Ken Lay signed on for another five-year term as chairman.
Ken Lay died last night a man thoroughly beaten by the rigors of the American justice system, and it showed.
In this case, the jury gets to hear exactly what Jeff Skilling and Ken Lay were saying, word for word.
Having sold several properties in Aspen to pay legal bills, the Lays were reportedly renting a place there when Ken Lay died.
Maybe Ken Lay, if given the chance, would have done the same.
Lay (not THAT Ken Lay) on the issue of First Amendment protections.
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Arthur Andersen went down as a result of Enron and Ken Lay lost his life defending his honor that he had done nothing wrong.
Kinder, of course, was president of Enron, having helped Ken Lay, his chum from the University of Missouri, build it up through the 1990s.
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And that may be what separates former Enron chiefs Ken Lay and Jeffrey Skilling from countless other executives who have driven their companies into bankruptcy.
Sam Ervin had hired John Erlichman to run the Watergate investigation or Ken Lay's general counsel were tapped to run all the congressional investigations into the Enron debacle.
Both business schools and businesses have been talking about it for years without turning business people into angels (one of the loudest advocates was Ken Lay, the chairman of Enron).
Former vice president and top accountant, Sharon Watkins, described for jury how after Skilling left the company that August, she pleaded with Ken Lay to act before it was too late.
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Last week, he testified that Enron's earnings were sometimes changed at the last minute to please Wall Street, and that Enron's top executives, Ken Lay and Jeffrey Skilling, knew what was going on.
Married, with a daughter, and scrambling to keep financially afloat, he talked to a college friend, Bill Morgan, who was working with another Missouri buddy of theirs, Ken Lay, at Houston Natural Gas.
Then Commerce Secretary Don Evans, after a few weeks, came forward and said yes, Ken Lay, the head of Enron, called me and wanted a special favor and Evans never got back to him.
When Ken Lay returned to being CEO of Enron in August 2001, he was told in no uncertain terms that Enron was the functional equivalent of a ticking time bomb--the looming losses were that severe.
That last line was a not-so-veiled poke at the last energy giant to dominate Houston, Enron, where Kinder served as president before Ken Lay nudged him aside in favor of the now incarcerated Jeffrey Skilling.
For many people, the mere fact of Enron's collapse is evidence that Mr Skilling and his old mentor and boss, Ken Lay, who died between his conviction and sentencing, presided over a fraudulent house of cards.
Ken Lay was the only energy executive to meet privately with Vice President Dick Cheney to help shape the administration's new energy policy -- which included a recommendation to break up monopoly control of electricity transmission networks, a longtime Enron goal.
Still, anyone who remembers the image of Ken Lay in handcuffs--now being replayed over and over again on CNBC--that stricken, stunned look he had as he faced spending the rest of his life in prison, just might think twice before hatching similar schemes.
Just a few pages later we hear from Ken Lay, the CEO of Enron who died in 2006 shortly before being sentenced for securities fraud connected to the most well-known financial fraud of the decade, which set a new standard for creative criminal accounting.
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Ken Lay, who sold shares of Enron back to the company in the months leading up to its bankruptcy filing, was not even charged with insider trading, perhaps because the nature of his transactions would have made it too difficult for the prosecution to prove the charge, lawyers said.
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