Ken Lay Found Dead

[MasterJedi]

NEW YORK (CNNMoney.com) -- Enron founder Kenneth Lay died early Wednesday in Aspen, a family spokeswoman said. He was 64.

In a statement, spokeswoman Kelly Kimberly said, "The Lays have a very large family with whom they need to communicate, and out of respect for the family we will release further details at a later time."

In May, Lay was found guilty of nine counts of fraud and conspiracy related to the collapse of Enron, the company he founded that grew into the seventh largest company before it imploded after an accounting

http://money.cnn.com/2006/07/05/news/newsmakers/lay_death/index.htm?cnn=yes

[Nym90]

As bad of a guy as he was, I am still saddened by this, as I would be by nearly anyone's death.

I hate to be morbid, but given the timing of his death, I wonder if there is any possibility of suicide.

[MasterJedi]

I hate to be morbid, but given the timing of his death, I wonder if there is any possibility of suicide.

They're saying it was from a heart attack. It could have been induced but something but I really doubt it.

[nini2287]

This does look rather suspicious.

[MODU]

Two down, one to go.  I can see it now:  "The curse of Enron."

[Colin]

This does look rather suspicious.

[Angel of Death]

Well isn't that convenient.

Anyway, I bet there are some people out there who, lamenting his escape from justice now, would have a different stance if he was somehow sentenced to this, immediately demonstrating the ridiculousness of the death penalty.

[adam]

Well, I had said all along that he should have been put to death anyway. Chalk it up under sh**t happens.

[YRABNNRM]

OMG CONSPIRAZY! DUBYA FAKED LAYS DEATH OMG!11!1!

[© tweed]

Hah, he got away with it.

[Citizen James]

Well, that removes any questions about a presidental pardon.

I think conspiracy theorists are going to have a field day with this ala Vince Foster.

[TomC]

Bet his family's taken care off. Sadly, can't say that for many former Enron employees.

[ilikeverin]

He pulled a Slobodan

[12th Doctor]

While suicide is certainly possible, and this all does look suspicious, I would say that a heart attack is quite likely.  Not that I feel bad for him, but imagine the level of stress was under.  That alone would likely induce a heart attack.

P.S.  And yeah, this does kinda suck, because suicide or not, he got off easy.

[Rin-chan]

This does look rather suspicious.

I concur.  *nods intelligently*

Rin-chan

[NewFederalist]

Hah, he got away with it.

You think he took it with him? The cad!

[minionofmidas]

Oh well.

[Lincoln Republican]

His estate should be liquidated and his victims should be paid back what they are owed, to the extent possible.

[opebo]

My understanding was that he had - at the very least and that they know of - something around 10 million left.  Apparently his death means that his family has a much better chance of keeping it than if he had lived.  I think the way it works is that while he had it the money was forfeit for his debts and leins, including legal judgements criminal and civil, but the moment he died, the money passed to his heirs, and unless previously attached, is free and clear.  In other words they missed their chance to get it from him.

So it is obvious that his heirs stood to benefit greatly from his death. 

[Lincoln Republican]

My understanding was that he had - at the very least and that they know of - something around 10 million left.  Apparently his death means that his family has a much better chance of keeping it than if he had lived.  I think the way it works is that while he had it the money was forfeit for his debts and leins, including legal judgements criminal and civil, but the moment he died, the money passed to his heirs, and unless previously attached, is free and clear.  In other words they missed their chance to get it from him.

So it is obvious that his heirs stood to benefit greatly from his death. 

So do you think that his death was suspicious then, and that there is a possibility that his heart attack was, shall I say, induced?

[NewFederalist]

Last evenings news shows all seemed to agree his estate was still liable to lawsuits. If anything it might prove a better deal for those with any hope of partial recovery since there could be insurance proceeds paid into the estate which would make even more money available for recovery. There is nothing close to what was stolen in either event.

[Dr. Cynic]

HA! Karma can be a real bitch, can't it?

[Nym90]

Bet his family's taken care off. Sadly, can't say that for many former Enron employees.

Good point. Maybe they should inherit his fortune instead as compensation for his wrongdoing....

[Queen Mum Inks.LWC]

I know this sounds really conspiracy/I saw Elvis at McDonalds, but is the govt. going to investigate that he really IS dead?

[minionofmidas]

Hmmm... good idea.