Ken Lay Untimely Death?

Question

Is it true that since Ken Lay is dead he is no longer considered a convicted criminal and the government can't collect anything from his estate? I understand that the local corronor declare the death a natural cause and released the body for burial. If I were conspiratorialy inclined, I would speculate that he had a medically induced heart attack, therefore doesn't go to prison and his family keeps all his wealth.

Answer 1

I am afraid that many of you are misinformed. Ken Lay will not be officially convicted according to statue until all of his appeals are exhausted and until after sentencing. His conviction is therefore most likely to be totally vacated. The government can not attach his assets based on a conviction which does not exist. Therefore, to pursue those assets through the justice system they will have to re try him for each asset seizure case in the process independently and from scratch. This is not something the government has much likelihood of doing since the expense, time and risks of prooving his guilt from scratch in each case are much too nebulous and not likely to be worth the reward. They instead will be leaving asset collection to civil proceedings which do not need rely on precedence of guilt or a conviction to proceed. Though if Ken Lay had exhausted his appeals and begun his sentence he would have most likely assisted the civil cases significantly from a legal perspective...with one major side effect, the government would have already seized most of his assets so there would be little if anything left for the plaintiffs to collect.

As a side note, his death means that only 50% of his assets can be attached civilly. His wife owns the rest, and given that he is deemed NOT to be a convicted felon in the eyes of the law, she will be entitled to them by the full force of these statutes.

In addition she will likely actually collect around 80,000 to 90,000 per month starting in 2007 from insurance and pension investments which can not be attached by anyone...in the worst case, in the EXTREMELY unlikely event that the government or civil plaintiffs succeeded in using the "ill gotten gains" strategy to pursue these assets, she would still receive half of the assets and be forced to live on 45,000 per month tax free!

Answer 2

No, that is not correct at all. Had he passed prior to the jury rendering its verdict, the case would have died with him and he would not have been convicted. Since the crimminal trial was concluded by his conviction, he died a convicted felon. The only thing that he avoids is the prison time.

The government can continue to collect its due from the estate although I'd strongly suspect that most of his assets were shielded (held by trusts, corporations, Florida real estate, etc.) and cannot be attached to settle an of the fines or judgements.

I wouldn't be inclined to call his death "untimely" myself. He was in his 60s, not in the greatest health, and was facing a life in prison. That stress would be enough to kill many people, especially someone who was accustomed to a life of luxury and was now facing the horrors of prison.

Answer 3

While growing up, I was teased all throughout high-school. At a time when all the other girls were going through puberty, with growing breasts, mine seemed to stay the same. Don't get me wrong, they did grow.. but never past an A cup. I did reach a B cup at one point, but that was only because I put on some weight at the time. This was very devastating for my self-esteem and confidence when it came to the boys. I was able to tell that they did not view me in the same fashion as they did with the bustier girls. What followed, is I would constantly be observing these others in comparison with myself. I did this so much so that it could even have been seen as obsessive. The fact that these girls quite regularly tortured me did not make things much better either, causing me to feel all the more unsure of myself when I looked in the mirror. All of those terrible things they said to me, you know, being called flat chested, and the like. All of these things stayed bottled up inside me. Now, because of this, I carried on all through my HS years lacking any kind of real confidence. Always feeling pretty bad about myself. Towards the end of HS, things did ease up a bit, however I never did quite come to terms with my deficiencies or find myself truly comfortable in my own skin.


Though, despite all of this, I did fare quite well academically. I ended up getting into a pretty well-known university, where I am currently attending still to this day. Those issues I had faced previously had not quite settled down though. These matters of great insecurity were still affecting me, even into my days at University. A tipping point with this was reached about 9 months ago during a time in which I had a significant other. We ended up splitting up, and the separation was quite unpleasant to say the least. Alongside several different horrific statements.. one of the things said to me was that he was "ashamed" when we were seen together out-and-about, and made many comments to me along the lines of being a woman with 'man-b00bs'. It was at this point where I felt like a line had been crossed. It was time for me to d0 one thing or another about this, as it was not my intention to ever again have another experience such as this one. What I did after this was thorough search, I scoured the web for answers. I spent several days and nights pouring through an endless amount of first-hand accounts and other personal experiences with various products and solutions.

Answer 4

Nope - he was dutifully convicted. The government can still attach his wealth and make his estate pay the fine.

His estate can, and will, be sued civilly. I am guarantee that there will not be much left for his family to enjoy.

Answer 5

Please visit www.kenlayisalive.org, an informative website devoted to tracking the movements of the "late" Kenneth L. Lay, convicted felon and former CEO of Enron Corporation.

You may send all of your reports to [e-mail]

Americans for Equal Justice is providing this site as a public service for all of those who demand that Ken Lay and other white-collar criminals be brought to justice. We welcome and will publish any and all relevant information on the whereabouts of Kenneth L. Lay. Americans for Equal Justice strongly suggests that you not only report your findings to us, but most importantly, to your local news outlets. Please send any links to news outlets reporting your sightings to our organization as well.

You may send all of your reports to [e-mail]

We here at Americans for Equal Justice feel strongly that the possibility exists that Mr. Lay, like Hitler, Elvis, and Tupac before him, has faked his own death in order to avoid any more unwanted public scrutiny. If this is true, then it is our responsibility as good Americans to bring this criminal to justice by reporting his whereabouts to the proper authorities.

Thank you for your support,

Americans for Equal Justice

http://blogs.dfw.com/startle_grams/2006/07/who_knew_that_k.html

Answer 6

I heard on C span since he was on appeal no money will be recovered through the criminal process. Now only civil suits will prevail

Answer 7

Whoever killed him should have done it before we went thru the expense of a trial, sell his body to the glue factory so some of his victims can get compensation

Answer 8

he is dead