Ken Lay dies of a heart attack..?

Answer 1

Former Enron Corp. chairman Ken Lay died of a massive heart attack, according to broadcast reports.
Houston TV station KPRC and CNN both reported that Lay's death was confirmed Wednesday.
Lay, 64, was admitted to the Aspen Valley Hospital overnight with a massive coronary, according to KPRC.
Doctors said his heart simply "gave out" and the death was unexpected.
Lay was found guilty on May 25 on six counts of conspiracy to commit securities and wire fraud in a case born from one of the biggest business scandals in U.S. history.
He was to be sentenced on Sept. 11.

He wasn't a very old man being only 64. I'm older than he was.

Accepting the case at face value. what he did was wrong. However, people who invested in Enron are responsible for their own investments. Remeber, before Enron collapsed, it was the investment darling of nearly everyone and all the investors were going to make scads of money, sort of the same attitude of the late 1920s. Little effort and lots of profit at no risk. It never was real.

Answer 2

Yes, he did die. Unfortunately before he could rot in jail. At least we are led to believe this. I personally, would like to see a DNA test on the corpse. He IS best buddies with George W. AND with Saudi royals. Buddy could be in Saudi Arabia right now. I wouldn't be surprised if this was a rouse. It also could have been a suicide. I am sure there is something he could have taken that would give him a "massive coronary". I know, I'm just being suspicious now...but, it just seems too convenient. Maybe I am just bitter he didn't serve any time.

He was convicted but sentencing was scheduled for OCTOBER 23rd. He was ORIGINALLY to be sentenced Sept 11, however, it was delayed because they requested a six-week extension in order to resolve "disputed sentencing issues, such as amount of loss. The request was granted. Why would they give a gulity man facing the rest of his life in jail 5 months to roam the streets? A normal person would have the time between conviction and sentencing deducted from their sentence. What WOULD prevent Lay or Skilling from taking off or killing themselves?

Personally, I was looking forward to him rotting in jail. I am a little disappointed he got out of it.

Randy -->The horror of Enron isn't the just the loss the investors experienced. Their biggest crime, in my opinion was leading the state of California into believing their was an energy crisis when there was none. Remember that? It was all fake, and orchestrated by Enron and other companies like them. People DIED because they could not afford to pay for heat or AC. People couldn't pay their bills, it was awful. This is not a conspiracy theory either. They have audio recordings of Enron employees asking engineers to start rolling blackouts on days when energy consumption was low. They have solid evidence to prove the company manufactured the whole energy crisis. Lay and Skilling's only defense was that "they have no idea what goes on below them". They couldn't even deny that their company made up the energy crisis because there is too much evidence.

Anyone who is not fully aware of the crimes of Ken Lay and Jeff Skilling should watch documentary Enron: The Smartest Guys in the Room. It's not just heresay. They speak to former Enron execs, and play the audio recordings I spoke of above. You will see that they are responsible for much more than just be deceitful to their investors. They are amonsgt the truest criminals out there, and in my belief, they are also murderers. There is a reason why Skilling is still facing 200 + years, its not because people lost money, its because PEOPLE DIED!! And if you live in the State of California, all the extra money you paid in the energy crisis was taken from you illegally.

Source(s):

www.wikipedia.com
http://news.yahoo.com/s/afp/usenrontrial... (this shows sentecing delayed to Oct 23 at 1pm)
Movie: Enron - The Smartest Guys in the Room

Answer 3

Yes -- it's on CNN. I would bet he committed suicide, though. He was waiting on sentencing after finally being found guilty. He shouldn't have worried though. Bush would have pardoned him.

Answer 4

Yeah I just heard that on the radio too.

Answer 5

He couldn't handle the strees. R.I.P.

Answer 6

smartass420kid, at least he can rot in hell instead of in jail now.