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CNN, Fox News Channel, MSNBC: Ken Lay Has Died  
User currently offlineAerospaceFan From , joined Dec 1969, posts, RR:
Posted (8 years 2 weeks 6 days ago) and read 2658 times:

CNN reports in breaking news that it has confirmed that former Enron Chairman Kenneth Lay has died.

The news of Lay's death was also carried by Fox News Channel and MSNBC.

The cause of death was reportedly a heart attack.

More as events may warrant.

[Edited 2006-07-05 16:28:13]

95 replies: All unread, showing first 25:
 
User currently offlineANCFlyer From , joined Dec 1969, posts, RR:
Reply 1, posted (8 years 2 weeks 6 days ago) and read 2658 times:

Heard that too, no link yet. But it was on TV.

Sadly, he won't get to serve his sentence . . .


User currently offlineDL021 From United States of America, joined May 2004, 11446 posts, RR: 76
Reply 2, posted (8 years 2 weeks 6 days ago) and read 2645 times:
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There will be some schadenfreude going on here, but I feel bad for his family.

I hope that justice carries on, and I'm content to leave his in the hands of God.



Is my Pan Am ticket to the moon still good?
User currently offlineZakHH From , joined Dec 1969, posts, RR:
Reply 3, posted (8 years 2 weeks 6 days ago) and read 2633 times:

I don't intend to sound tasteless, but if he was convicted, how could he die in Aspen? Do they have a prison there?

User currently offlineGDC2006 From United Kingdom, joined Jul 2006, 93 posts, RR: 0
Reply 4, posted (8 years 2 weeks 6 days ago) and read 2633 times:

What is the mood over in the US like about Ken Lay?

A fallen hero or simply a criminal?

Either way justice has been served perhaps in one way or another.....

GC



Trust a woman? How can you trust something that bleeds for five days and doesn't die?
User currently offlineAirframeAS From United States of America, joined Feb 2004, 14150 posts, RR: 24
Reply 5, posted (8 years 2 weeks 6 days ago) and read 2633 times:

Quoting AerospaceFan (Thread starter):
CNN, Fox News Channel, MSNBC: Ken Lay Has Died

Did the prosecution show a death photo of him like how the US Military did with the Al-Quada leader?? LOL!



A Safe Flight Begins With Quality Maintenance On The Ground.
User currently offlineLHMARK From United States of America, joined Jan 2000, 7255 posts, RR: 47
Reply 6, posted (8 years 2 weeks 6 days ago) and read 2633 times:

He wasn't yet in prision. He was awaiting sentencing. And he was no fallen hero, rather a symbol of corporate greed and arrogance. I don't think people wanted him dead (ex Enron workers, maybe) but few will shed any tears.


"Sympathy is something that shouldn't be bestowed on the Yankees. Apparently it angers them." - Bob Feller
User currently offlineSlider From United States of America, joined Feb 2004, 6785 posts, RR: 34
Reply 7, posted (8 years 2 weeks 6 days ago) and read 2620 times:

http://www.chron.com/disp/story.mpl/front/4025339.html

The sonofabitch had a heart attack! Can you beat it?

I would normally say this is karma, but real karma would have been at least serving a stint in general population pound-you-in-the-ass prison.

There's gonna be a lot of people spitting on your grave, you bastard!

Anyone think it wasn't a heart attack? Maybe he offed himself.


User currently offlineDL021 From United States of America, joined May 2004, 11446 posts, RR: 76
Reply 8, posted (8 years 2 weeks 6 days ago) and read 2608 times:
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Quoting GDC2006 (Reply 4):
What is the mood over in the US like about Ken Lay?

A fallen hero or simply a criminal?

He's a criminal who defined the worst stereotypes of excess and fraud. He served himself to the highest level of luxury and comfort at the expense of people to whom he returned no value in the end while lying to them.

Quoting LHMARK (Reply 6):
I don't think people wanted him dead (ex Enron workers, maybe)

There's some former stockholders and pensioners who may be irritated that he went 'too easy'. See Sliders comments.



Is my Pan Am ticket to the moon still good?
User currently offlineMattMSP767 From United States of America, joined Oct 2005, 118 posts, RR: 0
Reply 9, posted (8 years 2 weeks 6 days ago) and read 2592 times:

Wow, I would have thought he would have commited suicide.

User currently offlineLuv2fly From United States of America, joined May 2003, 12090 posts, RR: 49
Reply 10, posted (8 years 2 weeks 6 days ago) and read 2592 times:

"ENRON'S KEN LAY DIES: 'HIS HEART SIMPLY GAVE OUT'"

How can something give out that you do not even have!



You can cut the irony with a knife
User currently offlineNIKV69 From , joined Dec 1969, posts, RR:
Reply 11, posted (8 years 2 weeks 5 days 23 hours ago) and read 2576 times:

Best thing for that asshole. He got off easy. What about the scores of familes that are broke? That had their life savings stolen from them? He was the worst possible theif imaginable.

User currently offlineMKEdude From South Korea, joined May 2005, 1011 posts, RR: 1
Reply 12, posted (8 years 2 weeks 5 days 23 hours ago) and read 2576 times:

Ken Lay dodges justice for the final time. I'm just sorry he won't rot in prision.


"You can't be a real country unless you have a beer and an airline." Frank Zappa
User currently offlineDc10s4ever From , joined Dec 1969, posts, RR:
Reply 13, posted (8 years 2 weeks 5 days 23 hours ago) and read 2553 times:

Actually it is a possibility he has faked it. He has the money, to pull it off and disappear out of the country for ever. This has been done before with Elvis and JFK.

User currently offlineHalls120 From , joined Dec 1969, posts, RR:
Reply 14, posted (8 years 2 weeks 5 days 23 hours ago) and read 2542 times:

Quoting Slider (Reply 7):
I would normally say this is karma, but real karma would have been at least serving a stint in general population pound-you-in-the-ass prison.

No way he'd have served his time in general population at a max facility. He'd have been sent to a country club like Danville.


User currently offlineLTBEWR From United States of America, joined Jan 2004, 13028 posts, RR: 12
Reply 15, posted (8 years 2 weeks 5 days 23 hours ago) and read 2520 times:

It's too bad he didn't die in a jail or some flea infested cheap hotel on the bad side of Houston. Many hope he had a deeply painful heart attack, but most probably he died in his sleep.
The house in Aspen as well as all but a tiny amount of his assets (for his wife's retirement funds) should go to the retired employees of Enron who lost their pensions.


User currently offlineFalcon84 From , joined Dec 1969, posts, RR:
Reply 16, posted (8 years 2 weeks 5 days 23 hours ago) and read 2512 times:

Quoting DL021 (Reply 2):
There will be some schadenfreude going on here, but I feel bad for his family.

I don't, I hate to say. They lived in lavish comfort because of his crimes. While others had their whole life savings wiped out, this guy and his family STILL had millions to live on. I don't feel sorry for them at all. They knew what he was-a thief-and they enjoyed life because of it.

Quoting ZakHH (Reply 3):
I don't intend to sound tasteless, but if he was convicted, how could he die in Aspen? Do they have a prison there?

He was awaiting sentencing, so he remained free, which is not unusual.

Well, looks like the Good Lord exacted his own sentence on him, and he's having to explain himself today, before taking the elevator to the bottom floor.


User currently offlineSlider From United States of America, joined Feb 2004, 6785 posts, RR: 34
Reply 17, posted (8 years 2 weeks 5 days 23 hours ago) and read 2505 times:

Quoting Halls120 (Reply 14):
No way he'd have served his time in general population at a max facility. He'd have been sent to a country club like Danville.

Yeah, I know. But the prospect would have been nice. Ken Lay being someone's bitch. And his cellmate Bubba tattooing tits on him.  rotfl 


User currently offlineJetjack74 From United States of America, joined Jul 2003, 7405 posts, RR: 50
Reply 18, posted (8 years 2 weeks 5 days 23 hours ago) and read 2497 times:
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Quoting Slider (Reply 7):
Anyone think it wasn't a heart attack? Maybe he offed himself.

Hrrmmmm, What fortuitus timing. Wonder if Skilling is looking into the heart attack route.



Made from jets!
User currently offlinePope From , joined Dec 1969, posts, RR:
Reply 19, posted (8 years 2 weeks 5 days 23 hours ago) and read 2495 times:

Quoting ANCFlyer (Reply 1):
Sadly, he won't get to serve his sentence . . .

Well, depending on your belief system, he might be serving one "hell" of a sentence.

Quoting AerospaceFan (Thread starter):
CNN reports in breaking news that it has confirmed that former Enron Chairman Kenneth Lay has died.

I'm surprised that nobody has blamed Bush or Cheney for this!


User currently offlineHalls120 From , joined Dec 1969, posts, RR:
Reply 20, posted (8 years 2 weeks 5 days 23 hours ago) and read 2490 times:

Quoting Pope (Reply 19):
Quoting AerospaceFan (Thread starter):
CNN reports in breaking news that it has confirmed that former Enron Chairman Kenneth Lay has died.

I'm surprised that nobody has blamed Bush or Cheney for this!

Give it time, someone undoubtedly will.


User currently offlinePROSA From United States of America, joined Oct 2001, 5628 posts, RR: 5
Reply 21, posted (8 years 2 weeks 5 days 23 hours ago) and read 2483 times:

It saves the taxpayers the cost of keeping him in prison.


"Let me think about it" = the coward's way of saying "no"
User currently offlineHomer71 From United States of America, joined Jul 2001, 2241 posts, RR: 15
Reply 22, posted (8 years 2 weeks 5 days 23 hours ago) and read 2469 times:

Quoting Dc10s4ever (Reply 13):
Actually it is a possibility he has faked it. He has the money, to pull it off and disappear out of the country for ever. This has been done before with Elvis and JFK.

What kind of a lame-brained plan is that?

Sincerely,
D.B. Cooper



"On spaceship earth there are no passengers...only crew."
User currently offlineFalcon84 From , joined Dec 1969, posts, RR:
Reply 23, posted (8 years 2 weeks 5 days 22 hours ago) and read 2469 times:

Quoting Halls120 (Reply 20):
Quoting Pope (Reply 19):
Quoting AerospaceFan (Thread starter):
CNN reports in breaking news that it has confirmed that former Enron Chairman Kenneth Lay has died.

I'm surprised that nobody has blamed Bush or Cheney for this!

Give it time, someone undoubtedly will.

Their fault? Hardly. But Bush should be at the funeral. I mean, Bush did to shareholders at company that he was at what Lay did at Enron. On a smaller scale, but he still made off with about 600 thou with his rip-offs.


User currently offlineHalls120 From , joined Dec 1969, posts, RR:
Reply 24, posted (8 years 2 weeks 5 days 22 hours ago) and read 2459 times:

Quoting Falcon84 (Reply 23):
Their fault? Hardly. But Bush should be at the funeral. I mean, Bush did to shareholders at company that he was at what Lay did at Enron. On a smaller scale, but he still made off with about 600 thou with his rip-offs.

Pope - See, I told you!


25 Falcon84 : Hellooooooooooo! Halls? Did you not read the first 3 words? Let me put them in bold and in caps. "THEIR FAULT? HARDLY." It's NOT Bush's fault, Sherlo
26 Lijnden : Who says he really died? He could be in some sort of witness/rebuilding program from the US Government. Probably he had some 'too-hot-to-handle' issue
27 Pope : It's like fishing in a stocked pond. You throw the bait and they bite every time.
28 Luv2fly : I would get paid for that funeral upfront!
29 Luv2fly : And no need to cremate as he is already going to HELL!
30 Post contains images Learpilot : If that is in fact the case (which I'd bet my life savings it isn't), I'm amazed it took that long. What baffles me is that his wife apparantly owns
31 Nitrohelper : I wish he would have got sentenced and taken away in irons first. A few years in prison, and then a heart attack so we don't have to feed him. It woul
32 Luv2fly : I thought his wife had a consignment shop in the Houston area that she was selling off stuff?
33 Luv2fly : The name was Jus' Stuff not sure if it still operates or not?
34 Post contains links Clickhappy : Not as suspicious as THIS Enron death http://www.cbsnews.com/stories/2002/04/10/eveningnews/main505845.shtml
35 Falcon84 : Unfortunately, all you got back was algie, Pope, because you're not bright enough, apparently, to READ WHAT I WROTE!
36 Halls120 : I read it right. You tried to qualify what was an an indirect slam at Bush, and now you are trying to wiggle your way out of it.
37 Falcon84 : No, you didn't read it right. Bush had nothing to do with it. Nothing. You seem to miss that part. But as for slamming Bush, it wasn't indirect-it wa
38 Pope : And the liberal hypocrisy rears its ugly head once again. If I remember correctly there's a certain junior Senator from NY that made 300k on inside c
39 Halls120 : Why should Bush be at his funeral? Was he an Enron employee or board member? Defendant in the Enron trial? For that matter, while I am glad Lay was c
40 Saxdiva : The Bush family had personal ties with the Lays that went back to GB senior. I can't imagine they'd risk the political fallout, though I've been wron
41 Falcon84 : ROTFL. I think you have it bass ackwards, Pope. And, pray tell, why did YOU bring up Bush's name in the first place? Well, we all know the Bush's and
42 Post contains images Halls120 : I have personal ties with people who die, and I don't always attend their funerals. Falcon's suggestion still makes no sense whatsoever. Maybe to see
43 AR385 : What do you mean for most of them? Nobody deserves what they got. You have no clue about ENRON'S compensation program. And not everyone knows much ab
44 AndesSMF : As an aside to all the money issues that people go thru, I have been a little surprise over the bad money thrown into the current real estate (ka)boo
45 Pope : See Reply #27
46 Pope : Correct me if I'm wrong but the only stock any Enron employee had to hold was the employer discretionary award granted by Enron to 401k participants.
47 Halls120 : Please provide a link to one legitimate financial adviser/web site that advises its OK to keep all your retirement savings in one basket, and I'll re
48 Post contains images FXramper : Wonder if he killed himself? Karmas a bitch.
49 Pope : Anyone looking at the entity's statement of cash flows could, would and did see this coming. IMO, analyst focus too much on income statement earnings
50 N1120A : He was out on bail pending sentencing. Too bad his time would have been at Club Fed You are kidding right? I suppose RFK and MLK are hanging out with
51 Post contains images Halls120 : Unlike you, who has the disorder called "When faced with a clear refutation of my position, I run away and hide." remember this one? I do. to which I
52 Slider : He was an uncommonly brilliant shyster, playing the innocent card til the very end, while still insulating himself and his wealth from being seized.
53 Pope : Halls120 - remember, these guys support the Al Gore "lockbox" theory of investing. Keep all your money in one secure lockbox and everything will be f
54 Post contains images Halls120 : I do notice no one is taking me up on the offer. And our friend N1120A will likely skulk away and not address - for the third time - my request that
55 Pope : Please post that link to that thread - I'd be interested in it.
56 AR385 : You are not being very intelligent with your "challenge" Of course you won't find any reputable source that tells you to keep all your retirement egg
57 AerospaceFan : I've refrained from saying much about Lay because I do not wish to speak ill of the dead; that is about the only reason I haven't commented about my f
58 Post contains links Halls120 : RE: Dem. Governor Signs Contingent Anti-Abortion Law (by Halls120 Jul 1 2006 in Non Aviation)#ID1278935 I'M not being intelligent? Did you bother to
59 MattCLE : Ken Lay had a heart? It sounds like Mr. Lay has been sentenced by a Higher Authority. -Matt
60 Nitrohelper : How about the old statement "Always say something good about the dead". In this case... Ken Lay is dead . . . "good"
61 Falcon84 : And how the hell would you know, Pope? Another blanket generalization, that bears no resemblance to the truth? And you want to be taken seriously?
62 AirCop : It's very possible that it is a suicide. There a several drugs that he could taken that would cause him to appear to have a heart attack. Will have to
63 Saxdiva : According to reports I've read, Enron didn't typically release a balance sheet or a statement of cash flows. In fact, one investor (I think it was a
64 AerospaceFan : Most interesting; however, I don't think that this is correct. I do not believe that there is an automatic hold or presumption that if the appeal is
65 Pope : Only partially correct. They wouldn't release them as part of the earnings call but they had to include them in the 10Q and 10k filings to the SEC -
66 Pope : Look ma, I caught another big mouthed bASS. Just chum the waters and they practically jump in the boat.
67 N1120A : Actually, I said they should be removed for wasting time and money, not for passing the law. Besides, the Oregon decision was a reaffirmation of the
68 Post contains images Halls120 : Look - in no way do I excuse the Enron management slime that looted the company and ruined the lives of thousands. I'm just not buying the "poor naiv
69 Post contains links AerospaceFan : ERRATUM: In Reply 66, I wrote, Upon research, it would appear that I was completely wrong about effect of Lay's death on his criminal conviction. Acco
70 Falcon84 : You're becoming more the blowfish every day, aren't you? How the mediocre have fallen.
71 SW733 : Upon getting the breaking news email this morning at work, I waved to the ground and said "little warm down there, asshole?" This guy was a disgrace t
72 Gilligan : The really sad part is if he had made it to sentencing the court could have frozen all his assests and redistributed them to the Enron employees. Sinc
73 Falcon84 : Interesting. That's all I'll say for now.
74 AirCop : No need to apologize. It was something I read several years ago, and I didn't know if the law was just used for drug offenses or what, or even if Con
75 AR385 : You are being unnecessarily cruel. You are talking about people who were with ENRON before it even became ENRON. When it was a small company from Neb
76 Halls120 : A good presumption. "It is not disputed by the government that death abated (a) the imposition of prison terms, (b) the levy of a fine, and (c) the a
77 AR385 : You are essentially right. It was a conference call about the second quarter finanacial performance of ENRON in 2001 with Wall Street Analysts. When
78 AR385 : Can someone please explain to me what is a "Massive Coronary"? Thanks.
79 Halls120 : there are, as we speak, vigorous efforts being explored in DOJ to see if there is any way possible to accomplishe this. In your opinion. Actually, at
80 AR385 : There is no relationship between the two. If you want to go hide behind your father's skirt to solidify your argument, that is your prerogative. And
81 Bobster2 : According to the NY Times: "Lawyers for Mr. Lay may also be left with unpaid invoices." They also point out that civil suits will be more difficult be
82 AR385 : Funny, so even in death, he ended up screwing people. It's almost macabre.
83 Lobster : Goodbye to bad rubbish!!!
84 N1120A : Um, I was responding to you saying I had not responded to what you said in this thread, which I didn't for a several hours. I don't go around looking
85 NWDC10 : LOL. What a statement AirCop. The truth is, dead people are free of evrything. You expect to bring a dead body and place in prison? But Ken Lay will
86 BHXFAOTIPYYC : It's OK AerospaceFan, we believe you. It's Ken Lay, not Yassir Arafat!
87 Post contains images Halls120 : I'm not hiding behind anything. If my father, who never went to college, was astute enough to figure out how to make sure he had a safe and secure re
88 AirCop : The person, but not dead people estates..
89 Pope : Dude, when are you going to realize that you're being baited and you bite every time. It's the equivalent of a.net fishing.
90 Pope : I find it ironic that many of the same people who oppose the death penalty for violent criminals are rejoicing in the death of Ken Lay.
91 AR385 : Pathetic? What's with the laugh smart guy? You run out of arguments so you stick to the same one like a broken record but you start adding personal i
92 Post contains images Halls120 : I guess you missed the fact that you insulted me before I responded. I'm sticking to the same "broken record" because it is my opinion. And because y
93 AR385 : Halls120 Look, there's no point in arguing with you. You obviusly have no simpathy for people that are or were in the situation when ENRON collapesed.
94 Halls120 : What, no admission that you threw the first insult? Why am I not surprised. Look - both of my parents suffered immensely during the depression. So wh
95 Post contains images Fumanchewd : Hmmm. He died right before he was sent to prison. Very suspicous. I would think that there is a good chance he had some serious capital hidden away so
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