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Jul 5
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 Kenneth L. Lay, convicted of fraud in the Enron debacle, died of an apparent heart attack at a rental property in Old Snowmass, Colorado, according to this WashingtonPost.com article. Lay faced the prospect of spending the rest of his life in prison after his conviction by a Houstaon jury in May. He was in the middle of an appeal so it is likely his conviction will be thrown out and no monetary damages will be sought. Know More about investing at GrowYourFunds. com. |
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» Kenneth Lay of Enron Dies from LeaderNotes
Former CEO of Enron and convicted felon, Kenneth Lay, died suddenly of a heart attack in Aspen, Colorado. Lay was scheduled to spend the rest of his life in prison and has become a name synonymous with corporate abuse and... [Read More]
Tracked on: July 6, 2006 4:58 PM | Permalink to Trackback