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Thread: Enron CEO Kenneth Lay Dies

  1. #1
    BAM! Herpes Wild Country's Avatar
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    Enron CEO Kenneth Lay Dies

    How convenient.

    Quote Originally Posted by FoxNews Website
    Coroner: Enron's Lay Dies of Coronary Artery Disease
    Wednesday, July 05, 2006

    HOUSTON — Enron Corp. founder and former CEO Kenneth Lay, who was convicted for his role in one of the largest instances of business fraud in U.S. history, died of coronary artery disease and there was no evidence of foul play, according to a forensic pathologist who performed the autopsy.

    Mesa County Coroner Robert Kurtzman told reporters in a televised news conference in Grand Junction, Colo., Wednesday that his preliminary examination showed clogged coronary arteries to be the cause of death. Lay died hours earlier on Wednesday while vacationing at a rental home near Aspen.

    Lay was awaiting an Oct. 23 sentencing for his convictions in the Enron collapse and was expected to face a lengthy prison term.

    Nicknamed "Kenny Boy" by President Bush, Lay led Enron's meteoric rise from a staid natural gas pipeline company formed by a 1985 merger to an energy and trading conglomerate that reached No. 7 on the Fortune 500 in 2000 and claimed $101 billion in annual revenues.

    He 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.

  2. #2
    Chaos Simplifier
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    Him and Slobodan... Now all we need is Sadaam to get a shot of adrenalin too that gives him a similar heart attack.

    Oh wait.. those were all 'chance'

  3. #3
    Hellboy's Stunt Double tallok's Avatar
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    That's right. Heart attacks need to keep up the good work.
    !Thunder from Down Under!

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  4. #4
    got boost? Boost-Lee's Avatar
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    obviously intentional on his part, before being sentenced....i guess he doesn't want to rott in jail and make people believe he died of natural causes.

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    or name names to reduce his sentence

  6. #6
    Hellboy's Stunt Double tallok's Avatar
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    It could have even been a disgruntled ex-Enron employee who knew how to research on the internet.
    !Thunder from Down Under!

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