“”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 decades in prison 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 tumbled into bankruptcy in December 2001. ”
From Reuters.
My question is – should we care? We know and understand that Lay was the epitome of every single CEO out there who hides information pertaining their corporation, and his downfall, made public. But should we care that he died in his Vacation home? I mean after all, this dude filed for bankruptcy and kept most of his assets, then passed away.
