Monday, July 10, 2006

Did Ken Lay Fool Everyone?

Last week I wrote about Enron CEO Ken Lay's death, in Ken Lay is Dead, after he had been convicted of fraud and conspiracy in the giant energy company's collapse, but before his sentencing.

I focused on the fact that he tried to fire the whistleblower, Sherron Watkins, who informed him of brewing trouble in his company.

Other bloggers focused on how "timely" his death appeared and asked if it was suicide.

And CEO magazine reveals that under the "abatement doctrine," the death of former Enron Chairman Kenneth Lay wipes both his conviction and indictment from the criminal record, complicating civil suits against his estate.

"If you're on appeal and you die before that appeal is decided, it's like stepping into the way-back machine," says law professor Peter J. Henning of Wayne State University. "It's as if Lay were never charged."

And there is good reason for this, the courts have explained that "the state should not label one as guilty until he has exhausted his opportunity to appeal."

This suggests that that the Department of Justice's claim against Lay for $43.5 million will also be dismissed.

So even in his death, Ken Lay appears to have fooled everyone, one last time.


Anonymous said...

A LOT of people are convinced it was suicide. I am one of them.

He had no other way out. He was going to go down and down hard. He would not have left prison alive.

He was in one of his self proclaimed favorite places on Earth and what better place to end it all. Finding a sympathetic and easily bought off doctor to be the one performing any autopsy should not have been very hard to do at all.

I really hope there is a special place in Hell for Kennyboy Lay and that he is sitting next to the seats for Bush*, Cheney and Herr Rove.

Rot in misery Kennyboy.

shooter said...

Worry not, sweet Maiden,....."Heeeere he comes to save the day!.....Mighty Pen is on it's waaay."
Yeah, it's been kinda quiet these last few days. I wrote to Doc. that having multiple threads dilutes the readership. I mean, I write a brilliant novel, hit publish, and BAM! I look up and everyone's gone. Running to the newest thread. LOL
We gotta jazz this baby up, Beeta. I mean, they liked the videos. Maybe if you and me make a video dancing the Maranga they'll take notice. Maybe we'll even get booked on the Ed Sullivan Show. Wait a minute, I think he's dead, no?

I think for right now, at least until Doc. makes a big decision, He's got to think of a good topic, write and post it, and leave it out there for people to... "discuss among yourselves." I've seen good posts go for days, on other sites, until it's beaten to death. If Doc. has a new idea, he can post it to the ongoing thread, rather than start a new one. I mean, we have gotten into a few good free-for-alls, within reason, but they seem to be cut short by new entries. Anyway, that's my two cents worth tonight. Good night, EVERYONE.

Anonymous said...

You folks getting lonely? So I have a question for you. Ms. Huffy said the good doctor was boring, so here goes. Has ANYONE ever been able to read one of this young lady's entire posts? Try as I might, I always nod off less than half way through.

Anonymous said...

Thanks for that one, Gary. I scanned down about 8 lines. After that, I rEalIZeD thAt ThErE wAs No waY i'D fiGgEr It oUT.

But the, um, dialogue did seem familiar.....

shooter said...

Good, now we're talking. And here's the problem. I want to respond to you guys, but there's a couple of threads posted since this one. In as much as thinking too much gives me a migraine, I am hesitant. Too many times I'ves gotten into a post, only to be the last one. Either no one found it interesting enough to respond, or they just moved on to the newer ones. Doc has to get a format other than Google, which gives him more freedom to tinker with the format.
Rather than go into all the suggestions I, and all of you, have to improve this Blog, Here's an idea:

Doc, devote a whole day, and try to be available to moderate, for readers to have their input and ideas debated. I say the whole day because everyone's schedule is different and we don't want anyone left out. If some event takes place that you just have to post a new thread, make sure you advertise on the new thread that there's an ongoing discussion on the previous on. There are so many smart people out there and their combined experience and knowledge would make your toes curl. Advertise the "big day" well in advance so we can prepare our lists and I think you'll be surprised and gratified at the results.

Heres just a couple of ideas to "prime the pump."
1. Simple format. Black backround, so that you have to put your nose right into the screen to read it.....out!
2. More simple. Streaming nonsense, fading in and out, too cute by half.....out!
3. Too many links in body of post. Clicking on them so you forget the point of the story.....out!
4. Voluntary readers profile. Ability for posters to give info about themselves, including e-mail address.....In!
5.And so on.......

Now watch....I'll check back tonight and be the last one posting to this thread. Oy vey!

Anonymous said...

You bring up a good point about mulitple posts. The problem and it't not really a PROBLEM, just the only word coming through my brain right now, is not having the same ability that you do over at Huffingpost with all the subjects right in front of you. Rad one, move to the next and I really do like that format.

Make sense?

Maybe not.

I need to go out get some fresh air.

With any kind of luck we'll be coming home with a brand new Chrysler 300-C Hemi. Black, new tires and cool light black tinted windows.

Anonymous said...

Wonder what a system similar to a lot of posting places would be like?

I can only go by my hobby website that I love to go to or my favorite TV show of all time FIREFLY (I am a huge Firefly fan and pray everyday TPTB will pick it up and run new episodes)and that is

Hobby site it:

That is just an idea.

Of course there are others I am sure.

I really have gotten to the point of coming here first and checking in all day long.

Feels kinda comfortable...know what I mean?

OH we bought a 2006 Chrysler 300-C Hemi V-8 Today. I feel sort of guilty cuz it's not exactly a green car, but DANNNGGG this car is!