What a jackass
Did Ken Lay really think that playing a dumbass was going to get him off the hook? I mean, how stupid does he think "the little people" are? I remember a few years ago when his poor poor wife had to sell off all her high priced home accessories in a little store on West Gray in Houston because they were broke. Poor Eve. Justice has been served...now throw his ass in jail and lose the key, because he needs to be punished for ruining the lives of thousands and thousands of people.
FYI Kenny, if you are looking to God for help, he is directly up...not to the side. Just thought you may want to know. I actually feel kind of sorry for his family...kids and what not. Actually, I don't feel sorry for his kids, or Jeff Skillings kids, because they were probably spoiled rotten to the core. "Daddy buy me this!" Here is what he got:
Count 1
Conspiracy to commit securities and wire fraud. Covers alleged acts from late 1999 through December 2001. Lay allegedly lied to employees, credit rating agencies and analysts with claims that Enron was healthy or that its books had been sanitized of problems when he knew otherwise.
Guilty
Counts 12-13
Wire fraud. Stems from alleged false statements made to Enron employees via the Internet or video teleconference. Prosecutors alleged that as Lay assured employees in a September 2001 online forum that third-quarter performance was "looking great" and "we will hit our numbers," he knew Enron in mid-October would announce a massive loss and a $1.2 billion writedown in shareholder equity. The government also alleged that while Lay told analysts in a conference call days after the negative earnings announcement that he was disclosing all the bad news he had found, he held back information on dire problems.
Guilty
Counts 27-29
Securities fraud. Alleged Lay misled a credit rating agency representative days before Enron announced massive quarterly losses, saying Enron’s books were clean when he knew otherwise. Also alleged that on two subsequent conference calls with analysts after the losses were announced that Lay minimized their impact and lied, claiming Enron wasn’t hiding anything when he knew the company’s financial health was worse than disclosed.
Guilty
Counts 38
One count of bank fraud and three counts of making false statements to banks pertain to his personal banking. The charges alleged he obtained $75 million in loans from three banks and then reneged on an agreement with the lenders that he wouldn’t use the money to carry or buy Enron stock on margin. Lay faced trial without a jury before U.S. District Judge Sim Lake on these charges shortly after jurors in the conspiracy case against him and Skilling began deliberations.
Guilty
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