Kenneth Lay
Kenneth Lay
Kenneth Lee "Ken" Laywas an American businessman. He was the CEO and chairman of Enron Corporation. Lay was indicted by a grand jury on 11 counts of securities fraud in 2004. In 2006, Lay's trial began in Houston and he was found guilty on 10 counts. Lay died while vacationing in Snowmass, Colorado, on July 5, 2006, three months before his October 23 sentencing. A preliminary autopsy reported Lay had died of a heart attack caused by coronary artery disease...
NationalityAmerican
ProfessionCriminal
Date of Birth15 April 1942
CountryUnited States of America
It will only take a few brave individuals who are willing to stand up and say it's time for the truth to come out.
I was just trying to make sure that all of my facts were as accurate as they could be.
I take full responsibility for what happened at Enron. But saying that, I know in my mind that I did nothing criminal.
We need someone who is a strong representative of our value system.
Our liquidity is fine. As a matter of fact, it's better than fine. It's strong.
Next week, we will be ready to roll. I have a lot of good lawyers.
We have made it pretty clear to the government leadership we are now at a point where we would like to be taken out, and we think most of our partners do.
But they certainly had the right to sell their shares to take care of their problems.
I believe then - I believe now - that I fully complied with the law.
My concern is for current and former Enron employees and other stakeholders, and I feel it is in their best interest for me to step down from the board.
My concern is for current and former Enron employees and other stockholders, and I feel it is in their best interest for me to step down from the board.
Due to the multiple inquiries and investigations, some of which are focused on me personally, I believe that my involvement has become a distraction. ... My concern is for current and former Enron employees and other stakeholders, and I feel it is in their best interest for me to step down from the board,