| One of the master minds behind the Enron | | | | Ken Lay was seen as a smooth talker and many |
| business scandal, Ken Lay, has died. He passed | | | | analyst thought he would be able to talk his way |
| away in Aspen, Colorado at age 64. This news | | | | out of the scandal. But during the trial Lay was |
| comes months before he was to be sentenced | | | | seen as rude, grouchy, and arrogant. The jury |
| for his involvement in the Enron scandal. Lay was | | | | had no choice but to convict him and Skilling of |
| admitted to the Aspen Valley Hospital overnight | | | | insider trading, and lying to stock holders. So once |
| with a massive coronary and his heart gave out | | | | owners of a $101 Billion a year company found |
| during the early morning. | | | | themselves at the end of a losing battle. Thus the |
| May 25th marked the day that Ken Lay was | | | | death of Ken Lay markes the stress and anguish |
| found guilty of 10 counts of fraud and conspiracy | | | | that he must have been facing as the October |
| related to the fall of Enron. Ken Lay was the | | | | 23rd date moved closer. |
| founder of the company and at one point in time | | | | Key Law is survived by a numerous family and |
| the company was ranked the nation's seventh | | | | friends and in a statement released earlier today, |
| largest company before scandal and corruption | | | | "The Lays have a very large family with whom |
| cause the company to fold. Oct. 23rd, 2006 was | | | | they need to communicate, and out of respect |
| to be the day Ken Lay and former Enron CEO, | | | | for the family we will release further details at a |
| Jeffrey Skilling, would face the judge and would | | | | later time," said Kelly Kimberly, the spokeswoman. |
| be sentenced. It was estimated by legal experts | | | | More details on the death of Ken Lay will be |
| that both men would face up to 40 years in | | | | release in the days to come. |
| prison for their actions. | | | | |