PETER ROST: PHARMA MARKETING EXPERT WITNESS. AWP, MEDICAL DEVICE EXPERT.: Ken Lay is Dead
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PETER ROST: PHARMA MARKETING EXPERT WITNESS. AWP, MEDICAL DEVICE EXPERT.

Peter Rost, M.D., is a former Pfizer Marketing Vice President providing services as a medical device and drug expert witness and pharmaceutical marketing expert. Judge Sanders: "The court agrees with defendants' view that Dr. Rost is a very adept and seasoned expert witness." He is also the author of Emergency Surgery, The Whistleblower and Killer Drug. You can reach him on rostpeter (insert symbol) hotmail.com. Please read the terms of use agreement and privacy policy for this blog carefully.

Ken Lay is Dead

Ken Lay, the CEO of Enron died early this morning, after he was convicted of fraud and conspiracy in the giant energy company's collapse, but before his sentencing.

I wrote about the most recent convictions in the Enron saga in God's Men: Guilty, Guilty, Guilty!

Mr Lay was convicted on six counts of fraud and conspiracy and four counts of bank fraud. Each count carried a maximum sentence of 5 to 10 years, so he faced the possibility of spending the rest of his life in prison.

In a way it was a good thing for America that he lived until his conviction, so we could have closure on this sad chapter in American business. And in a way it was good for Ken Lay that he died now, so he didn't have to spend the rest of his life in jail.

Innumerable former Enron employees have not been so lucky and are still trying to simply get by. The Enron whistleblower, Sherron Watkins, has stated that she still can't get a job.

Ken Lay was quoted saying "I firmly believe I'm innocent of the charges against me. We believe that God in fact is in control and indeed he does work all things for good for those who love the Lord."

Ken Lay got to enjoy a lifestyle that few Americans ever get to experience. Much of it was built on fraud and hubris. So we shouldn't feel sorry for him, but for all the people who trusted him and whom he let down. When Sherron Watkins warned him, he looked for a way to fire her. That is the true legacy of Ken Lay.

18 Comments:

Blogger beeta said...

Doc,
This is one those tongue in cheek things you are good at.
1- The guy was a very good friend of GWB.
2- He apparently was present in those secret energy talks Cheney held.
3- He was convicted for crimes that anyone of GWB's crowd could be easily convicted of.
4- He is about to be sentenced to spend years in jail.
5-Well it is one thing to be slapped on the hand or be scapegoated, but it's a whole other matter being locked up for eons.
6- Now if you were him, would you not pick up the phone and call up your best budd and say, get me out of this or......
7- There are nails in the coffin and then there are nails in the coffin..... specially when the nail is shall we say expend....

7/05/2006  
Anonymous Rosethejet said...

It's probably not correct, but my suspicion is suicide with a willing accomplice in the coroner's office. He was indeed going to spend the rest of his life in prison unless he managed to live past 90 in prison.

There is no longer any parole in the federal system which if I remember correctly was where he was convicted. Please correct me if I am wrong.

BUT they have 54 days a year off for good time. They have to have some sort of incentive to behave. So with a possible 30 year sentence and the judge was none to pleased with him and the DA was going to press as hard as possible for the longest possible sentence, so even if he behaved himself with a thirty year sentence, with about five years off for good behaviour, he was looking at 25 years, possibly 23 if he took the BOP's DAP program.

That is not an easy sentence for anyone. Especially an old man with a luxurious lifestyle behind him.

I think he did himself in. He did it in Aspen at their vacation home and the coroner was in on it. Dead is dead after all and I am sure he had some sort of life insurance for his wife.

He was not a good man, he was greedy right along with all of his energy buddies like Cheney et al.

I wish no unpleasant death on just about anyone, with the possible exception of Karl Rove and Herr Cheney, but he is no loss to humanity in any way shape or form.

7/05/2006  
Blogger beeta said...

Rose,
My husband agrees with you on the suicide. I still think the greedy bastard wouldn't off himself that willingly.

7/05/2006  
Blogger beeta said...

I live in old Kenny's and Delay's stomping ground.... believe me they take the buddy system very seriously.

7/05/2006  
Blogger MsMelody said...

I know there are those who thought with Kenny Boy in jail, revenge would indeed be sweet. Deep within me, there was a niggling devil hoping that during his prison tenure, Mr. Lay could gain appreciation of what it is to feel helpless, impoverished, hopeless.

But realistically, whether he died of natural causes or offed himself, he did the American taxpayers a favor. I'm not certain of the numbers, but I believe the cost to maintain a felon in the prison system is over $25k/year. . . in addition to the legal expenses incurred by the state in responding to appeals. He didn't return the stolen money from those he wronged, but at least we won't all be paying for his long-term "maintenance."

7/05/2006  
Anonymous Anonymous said...

are you sure it wasn't Arianna who killed him? I'd say you should certainly devote the next six months to exposing Arianna's evil role in killing Ken Lay. After all, anybody who finds you insufferable and wants you to go away must be evil, right?

7/05/2006  
Blogger beeta said...

PRICELESS!
Stephen Colbert show is on... he is talking about small government verses big government... so he says... if you mention Jesus in your speech, it is small government but if you mention what Jesus talked about, it is big government!

7/05/2006  
Blogger beeta said...

As Bill Maher says...NEW RULES
IF YOU ARE NOT FUNNY
IF YOU ARE NOT RELEVENT
IF YOU ARE NOT LOGICAL
IF YOU ARE NOT CONTRIBUTING
IF YOU ARE NOT YET FREE OF YOUR MASTER

YOU CAN NOT POST A COMMENT!

7/06/2006  
Blogger beeta said...

Oooohhh,
I forgot...
IF YOU FIND US INSUFFRABLE

GUESS WHAT?

GO AWAY!

7/06/2006  
Blogger justanotheryblogreader said...


I thought this was a very insightful article about Ken Lay.

7/06/2006  
Blogger beeta said...

justanot....,
Good article... I like Palast's style..... stating the ugly truth with humor.... is indeed an art!

7/06/2006  
Blogger beeta said...

Doc,
I think the moral of the story....
the lesson for today is...
no matter how much some people would like you to appear "insane", you just are not!
I have this friend (not really a friend) who keeps worrying about my soul....bcz I am not born again.... anyway I finally told her that if heaven is populated with the people you admire...I'd rather go to hell...
so, Doc, on the off chance that you are insane....I still rather hang out with you!
sweet dreams ALL

7/06/2006  
Anonymous Anonymous said...

Did you guys see this kid on HP, he posted a blog on baseball. Man those assholes are getting desperate.... using children...
"Bio: Jake Reiner
Jake Reiner is a Los Angeles teenager who has time to share his objective opinions about his favorite Major League Baseball team, The Los Angeles Dodgers. He feels his voice needs to be heard by everyone that is interested in the Dodgers, to go beyond what the newspaper articles say. To clarify, he feels that his perspective really has meaning to the world of America’s Greatest Past Time. He is eager to share to the concerned and confused a little inside as to what should be happening to the L.A. Dodgers. He spends countless hours on the Internet trying to find answers to his beliefs. He looks at statistics, rumors, and articles anywhere he can find them to insure to himself that everything is going to be all right. A lot of the time he believes that the Dodgers are always making mistakes in their moves to what they think is the road to success. He thinks otherwise. Jake will always leave you wanting more, but also maybe feeling that your questions were answered."

7/06/2006  
Blogger MsMelody said...

It looks like Dubya's pardon for Kenny Boy has been pre-empted.

7/06/2006  
Anonymous Gary said...

A note to RJ on his new typepad site. You can still read him without going to Huffpooh

http://nightlight.typepad.com/

RJ

After Huffpooh's crass treatment of Dr. Rost, I've found my way back to your site, which lead me to HF in the first place. I can't continue to support a site the quickly turned to Rovian tactics to smear a valued blogger who accidently stumbled onto one of Ms Huffington's dirty little secrects.

Even more disappointing is that it seems only one other blogger came to his defense. I was hoping you, as my favorite blogger at HF, would have had something to say, but I do understand that might have put you in an uncomfortable position.

Still, if you don't call the balls and strikes the same for both teams, it's hard to have a fair game. Unethical is unethical, whether being practiced by a coporate pig, a green Peace activist or the god damn Pope.

Regardless, thanks for the site and insights.

7/06/2006  
Blogger beeta said...

gary,
that was fab!
I like RJ too and he puts all his posts on his own site as well... you are right. He also has a new site called "Freedom Summer" and it is a site for the readers to post their thoughts. It is a little cheezy right now, but I think it might get better. I sent him something on Independence Day but hasn't appeared yet.

7/06/2006  
Blogger beeta said...

shooter,
Good Morning! Here is a brand new day....and today...I am not married and Rose does not kick you with her hill!

(totally an inside joke ALL, I havn't lost my marbles)

7/06/2006  
Blogger MsMelody said...

One more though regarding Kenny Boy.

Blogs all over the place are debating natural causes vs. murder vs. suicide vs. "is he really dead."

It seems he escaped retribution--and the return of a large part of his fortune, and now wife inherits.

But, if he was out on $5 million bond, suffering in the lap of luxury until sentencing date, it becomes obvious that he cannot appear for sentencing. Shouldn't his $5 mil be revoked? Perhaps that could go to a victims' compensation in lieu of the multi-millions that SHOULD be their due.

7/07/2006  

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