for anyone who cares. Ken Lay is dead.
07-05-2006, 09:14 AM
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I care. I used to work for him. Not sure how I feel about this yet. Part of me feels badly because a man is dead. Part of me is pissed that he won't go to jail.
-Mike
-Mike
07-05-2006, 09:35 AM
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Originally Posted by Inspector12
How did he die?
http://www.chron.com/disp/story.mpl/front/4025339.html
07-05-2006, 09:36 AM
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Originally Posted by chupr0kabra
I care. I used to work for him. Not sure how I feel about this yet. Part of me feels badly because a man is dead. Part of me is pissed that he won't go to jail.
-Mike
-Mike
I understand that .. never worked for Enron .. but still suffered a lot because of them ..
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07-05-2006, 01:49 PM
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It's no wonder he had a heart attack. Enron was #7 on the Fortune 500 list, he was well-known in the top business and political circles (Enron was the single largest donor to GWB's presidential campaign). He went from that to over 100 Million in debt, facing the rest of his life in prison, and his wrong-doings were the top story on the 6 O'Clock news for over a year. I can only imagine the pressure and stress that would bring.
-Ben R.
-Ben R.
07-05-2006, 03:11 PM
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Originally Posted by Mike TexaSS
It's no wonder he had a heart attack. Enron was #7 on the Fortune 500 list, he was well-known in the top business and political circles (Enron was the single largest donor to GWB's presidential campaign). He went from that to over 100 Million in debt, facing the rest of his life in prison, and his wrong-doings were the top story on the 6 O'Clock news for over a year. I can only imagine the pressure and stress that would bring.
-Ben R.
-Ben R.
There are two things I find ironic about his death:
- It was rumored he was so afraid of death, and heart attacks in particular, that he gave portable defribillators (sp?) to members of his family as Christmas gifts one year.
- He died at his vacation home in Colorado. I scrimp and save to make payments on a 1300 square foot house in Pearland and he, with his "frozen assets" had a vacation home.
-Mike
07-05-2006, 03:23 PM
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I haven't talked to my dad yet, but I'm sure he'll be at least a little upset. Dad actually liked Ken. He worked with him since the HNG days. Dad was a pilot @ ENE, so he flew the execs and their families around. Even to the home in Aspen for holidays. 
07-05-2006, 03:25 PM
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Originally Posted by chupr0kabra
I remember a few of us being worried that we might lose our CEO because he might run for mayor of Houston (this was in 2000). Then things at ENE started falling apart with a quickness and he went from possible mayoral candidate to poster child for Sarbanes-Oxley.
There are two things I find ironic about his death:
-Mike
There are two things I find ironic about his death:
- It was rumored he was so afraid of death, and heart attacks in particular, that he gave portable defribillators (sp?) to members of his family as Christmas gifts one year.
- He died at his vacation home in Colorado. I scrimp and save to make payments on a 1300 square foot house in Pearland and he, with his "frozen assets" had a vacation home.
-Mike
It's ironic that a heart attack got him. I can imagine the last few hours of his life were pretty terrifying. Not that I feel bad for him or anything. I guess these things have a way of working themselves out.
-Ben R.
07-05-2006, 03:29 PM
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Originally Posted by Mike TexaSS
He also bought his wife a $200,000 yacht for her birthday, even though he owes over 100 Million. But I guess when you already owe that much, what's another $200,000.
It's ironic that a heart attack got him. I can imagine the last few hours of his life were pretty terrifying. Not that I feel bad for him or anything. I guess these things have a way of working themselves out.
-Ben R.
It's ironic that a heart attack got him. I can imagine the last few hours of his life were pretty terrifying. Not that I feel bad for him or anything. I guess these things have a way of working themselves out.
-Ben R.
07-05-2006, 03:30 PM
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He is really not dead!! He faked his death to get out of it "easy" Think about it,....he certainly has enough money to pull it off and on top of it the life insurance policy $$$.
