How Ken Lay cheated the legal system
#1
How Ken Lay cheated the legal system
With his death from a massive heart attack on Wednesday, Ken Lay cheated justice. And then some. Not only will the Enron founder not end his days in prison, but according to legal precedent, his entire case will be erased from the records. That means that, in legal terms at least, Lay was never convicted, tried or even indicted for Enron misdeeds. For Lay's estate, and his widow Linda, the positive implication of this grim day is that the government now has no means to collect on its forfeiture claim against Lay for $43.5 million.
http://articles.moneycentral.msn.com/Inves...tedJustice.aspx
http://articles.moneycentral.msn.com/Inves...tedJustice.aspx
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#8
Originally Posted by S2020,Jul 6 2006, 03:53 PM
I've just got a plan.
When I'm 90 years old, I'll borrow millions from the bank, spend it on porsches, ferrari, and loose women; when it's time to pay back, I'm just gonna die.
When I'm 90 years old, I'll borrow millions from the bank, spend it on porsches, ferrari, and loose women; when it's time to pay back, I'm just gonna die.