Ken Lay.
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Ken Lay.
I feel really bad for the man. everything he went through no he's dead. did he screw people yea...alotta people yea. but id love to see what other people wouldve done in his shoes. i wouldnt have it in me to run a multibillion dollar business he had bigger ***** then me and probably most people to do what he did. May be RIP.
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Saw the news online when i got back from school today. I wonder how the public would react to this if anything. A death is sad for at least someone no matter what the deceased person did in his life.
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There are a lot of people going into thier retirement years flat broke because of that guy. He was brilliant and brave but greedy and flawed. I would hate to see my mom working as a greeter at Wal Mart because she lost her retirement in the Enron scandal.... I will reserve my respect for the likes of Lee Iacocca, Dale Carnegie, Jake Burton and Elmo
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Re: Ken Lay.
Originally Posted by peteyd
I feel really bad for the man. everything he went through no he's dead. did he screw people yea...alotta people yea. but id love to see what other people wouldve done in his shoes. i wouldnt have it in me to run a multibillion dollar business he had bigger ***** then me and probably most people to do what he did. May be RIP.
F Ken Lay! And all those greedy ****** that squandered away the retirements on stupid poop like $30,000 solid gold umbrella stands. Tens of thousands of people will be working well into their 90's just so they can afford to live off of Ramen and cat food in their shack of a house, most likely without a/c. Like it's the freakin Great Depression all over again, but just for them. F them all.
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Originally Posted by nwscionman
There are a lot of people going into thier retirement years flat broke because of that guy. He was brilliant and brave but greedy and flawed. I would hate to see my mom working as a greeter at Wal Mart because she lost her retirement in the Enron scandal.... I will reserve my respect for the likes of Lee Iacocca, Dale Carnegie, Jake Burton and Elmo
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Originally Posted by SSM_tC
Someone that rich and in that much trouble can afford to "Die"*
*See "Tupac"
*See also "Machiavelli"
*See "Tupac"
*See also "Machiavelli"
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Ken Lay probably would have ended up going Club Fed, being white, white-collar, and old instead of real Federal "pound you in the a$$" prison like he probably richly deserves.
The problem now is that there can't be a final accounting of everything he did, didn't do, didn't know, etc.
Personnaly, I think his defense is hilarious;
- I didn't commit willful fraud and deception, I'm just grossly incompetent and everyone else in the company was just really good at fooling me.
The problem now is that there can't be a final accounting of everything he did, didn't do, didn't know, etc.
Personnaly, I think his defense is hilarious;
- I didn't commit willful fraud and deception, I'm just grossly incompetent and everyone else in the company was just really good at fooling me.
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i found this interesting from forbes.com:
"with his death from a massive heart attack on Wednesday, Ken Lay cheated justice.... according to legal precedent, his entire case will be erased from the records. that means that, in legal terms at least, Lay was never convicted, tried or even indicted for Enron misdeeds.
for Lay's widow Linda, the positive implication of this grim day is that the government now has no means to collect on its forfeiture claim against Lay for $43.5 million. it's hard to believe, but the case law on this point is crystal clear....you can't punish a dead person.
the direct legal precedent was set in 2004 in the Fifth Circuit case of United States v. Estate of Andrew Clyde Parsons; Houston, where the original Enron trial was heard, is in the Fifth Circuit. convicted by a jury of arson, mail fraud and money laundering, Parsons' case was further along than Lay's when he died. he had forfeited some money to the government and was in the process of challenging the conviction. after his death, the Parsons estate sued the government for return of the forfeited money....the court vacated the conviction and sentence and dismissed the original indictment...."the prosecutors are not going to be able to fight this one," says Henning.
although unlikely, imo, it would be brilliant to fake his death. his estate keeps the money.
"with his death from a massive heart attack on Wednesday, Ken Lay cheated justice.... according to legal precedent, his entire case will be erased from the records. that means that, in legal terms at least, Lay was never convicted, tried or even indicted for Enron misdeeds.
for Lay's widow Linda, the positive implication of this grim day is that the government now has no means to collect on its forfeiture claim against Lay for $43.5 million. it's hard to believe, but the case law on this point is crystal clear....you can't punish a dead person.
the direct legal precedent was set in 2004 in the Fifth Circuit case of United States v. Estate of Andrew Clyde Parsons; Houston, where the original Enron trial was heard, is in the Fifth Circuit. convicted by a jury of arson, mail fraud and money laundering, Parsons' case was further along than Lay's when he died. he had forfeited some money to the government and was in the process of challenging the conviction. after his death, the Parsons estate sued the government for return of the forfeited money....the court vacated the conviction and sentence and dismissed the original indictment...."the prosecutors are not going to be able to fight this one," says Henning.
although unlikely, imo, it would be brilliant to fake his death. his estate keeps the money.
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TO play along with some of the theories on here, lets think of it this way. Ken Lay 'fakes' his death, and keeps his 43mil estate. Sure, money can buy that I guess. But he caused a series of banks to lose over 4 billion in fines. Now he has to contend with THOSE people not finding a way for him to really die.
If I'm a bank, and I have to pay that kind of money because you got caught, you had best believe you are gonna die one way or another.
Lay is no more alive than Elvis, Tupac, or any other supposed death-fakers. Not to mention he's like public enemy #1 or damn near Top 4
If I'm a bank, and I have to pay that kind of money because you got caught, you had best believe you are gonna die one way or another.
Lay is no more alive than Elvis, Tupac, or any other supposed death-fakers. Not to mention he's like public enemy #1 or damn near Top 4
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Originally Posted by surfcity40
i found this interesting from forbes.com:
"with his death from a massive heart attack on Wednesday, Ken Lay cheated justice.... according to legal precedent, his entire case will be erased from the records. that means that, in legal terms at least, Lay was never convicted, tried or even indicted for Enron misdeeds.
for Lay's widow Linda, the positive implication of this grim day is that the government now has no means to collect on its forfeiture claim against Lay for $43.5 million. it's hard to believe, but the case law on this point is crystal clear....you can't punish a dead person.
the direct legal precedent was set in 2004 in the Fifth Circuit case of United States v. Estate of Andrew Clyde Parsons; Houston, where the original Enron trial was heard, is in the Fifth Circuit. convicted by a jury of arson, mail fraud and money laundering, Parsons' case was further along than Lay's when he died. he had forfeited some money to the government and was in the process of challenging the conviction. after his death, the Parsons estate sued the government for return of the forfeited money....the court vacated the conviction and sentence and dismissed the original indictment...."the prosecutors are not going to be able to fight this one," says Henning.
although unlikely, imo, it would be brilliant to fake his death. his estate keeps the money.
"with his death from a massive heart attack on Wednesday, Ken Lay cheated justice.... according to legal precedent, his entire case will be erased from the records. that means that, in legal terms at least, Lay was never convicted, tried or even indicted for Enron misdeeds.
for Lay's widow Linda, the positive implication of this grim day is that the government now has no means to collect on its forfeiture claim against Lay for $43.5 million. it's hard to believe, but the case law on this point is crystal clear....you can't punish a dead person.
the direct legal precedent was set in 2004 in the Fifth Circuit case of United States v. Estate of Andrew Clyde Parsons; Houston, where the original Enron trial was heard, is in the Fifth Circuit. convicted by a jury of arson, mail fraud and money laundering, Parsons' case was further along than Lay's when he died. he had forfeited some money to the government and was in the process of challenging the conviction. after his death, the Parsons estate sued the government for return of the forfeited money....the court vacated the conviction and sentence and dismissed the original indictment...."the prosecutors are not going to be able to fight this one," says Henning.
although unlikely, imo, it would be brilliant to fake his death. his estate keeps the money.
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come on, it's really not that hard to believe that he totally faked his death, i mean what are the odds, your about to do time for one of the biggest scandals in U.S. history and a few months before your sentencing you drop dead?!?!? then get this....their saying they will cremate his body....i'm MORE than sure you all can put 2 & 2 together.....
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