General discussion

Locked

Enron Founder Dead

By The Admiral ·
""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.

This conversation is currently closed to new comments.

24 total posts (Page 3 of 3)   Prev   01 | 02 | 03
Thread display: Collapse - | Expand +

All Comments

Collapse -

hackneyed opinion

by john.a.wills In reply to Enron Founder Dead

good career move

Collapse -

Do we know for sure?

by Oy In reply to Enron Founder Dead

I guess I've pretty well soured on most of our 'Captains of Industry', but given his past history this guy could be laughing his *** off somewhere in the islands. When they mentioned his vacation home I about died myself. I'm going to spend all Summer catching up on my winter heating bills. I guess it doesn't pay to be on the straight and narrow. (At least not as well). I'm not even sure I believe he's dead.

Collapse -

A homeless man perhaps

by jsullo In reply to Do we know for sure?

Perhaps, they found a homeless man who fit his general description. The Family will meet up with him later in some remote compound in Mexico or where ever.

Collapse -

Corporate Amerika

by Gilsbugs In reply to Enron Founder Dead

I met a lady that recently finished 8years of duty working for the pentagon in "military intelligence". She wouldn't say much of what she saw or did, she would just say "don't believe what you see on tv". That was a just flat out response when I continued my attempt to extract any little tidbit she may slide by. My inquiring mind, began to make her nervous, she is open to prosecution if she burps out any info, and never knows if someone is checking on her. I believe the pentagon should be hacked to pieces but that's another story. Basically, we will never know the truth---corporate amerika will make sure of that. Do you really the top guns are going to take the fall, there is always the fall guy to take the heat, and THAT is what Lay gets paid for and do you think they want him talking? How long in prison before he breaks? We will never see the puppet masters.

Back to IT Employment Forum
24 total posts (Page 3 of 3)   Prev   01 | 02 | 03

Related Discussions

Related Forums