Ken Lay, DEAD.
- Thread starter Rearden Metal
- Start date
Well,
IMO, Mark Rich would be just as appropriate to the argument as Scooter.
If you'd prefer to use him to make the point I've got no trouble with it. I wasn't trying to get "political."
Why!!
What makes you think he is really dead?
What would it cost to have false evidence presented to a corner, $100,000.00 or $300,000.00?
Suppose that you had years to prepare. How many people do you think are involved, 50, a hundred, a hundred and fifty?
This guy could have spent $500,000.00 on an escape and not even blinked. What makes you think he is really dead?
What makes you think he is really dead?
What would it cost to have false evidence presented to a corner, $100,000.00 or $300,000.00?
Suppose that you had years to prepare. How many people do you think are involved, 50, a hundred, a hundred and fifty?
This guy could have spent $500,000.00 on an escape and not even blinked. What makes you think he is really dead?
There was no defrauding. Ken Lay legally received salary, bonus & Enron stock options/allocations on which he paid tax when it came due.
The Enron accounting arrangements were subject to legal advice and audit .. so the concept of fraud is difficult to argue without documented intent & trail of deceit.
Lay went into the stand to give evidence which unfortunately closed off a lot of doubts the jury could have had favoring Lay.
The prosecution successfully used marginal side issues & claims to secure a jury victory over Lay.
But then I see this whole saga clinically and in its context.
So you think trafficking with Iran during the hostage crisis wasn't a "high" crime? The only thing that saved Mark's ass from a charge of treason was the fact the U.S. wasn't officially at war with Iran. Clinton sold Rich his pardon. Pure and simple.
http://www.time.com/time/nation/article/0,8599,99302,00.html
P.S. I've read some of your posts. You're a clown-idiot-moron. In no particular order, mind you........
i don't believe in free will. so my opinion is, someone who had his genes, parents, and life experience does the things he did..
"what is done by what is called myself is, i believe, done by something greater than myself within me."
-james maxwell clerk
"what is done by what is called myself is, i believe, done by something greater than myself within me."
-james maxwell clerk
For the most part, those who were affected to the degree you suggest put all their retirement money into one vehicle....Enron stock...
I do feel sorry for stupid folks...they constantly screw up.....I wish they could all have been a tad less greedy and more intelligent.....a modicum of diversification may have been appropo, no?
Yup, Ken's the problem...not them....they didn't screw up when they their entire 401K in Enron stock....it was that bad ol' Ken promising them millions....he was the problem......
P.T. Barnum is still right after all these years.....
Quote from Cheese:
There was no defrauding. Ken Lay legally received salary, bonus & Enron stock options/allocations on which he paid tax when it came due.
The Enron accounting arrangements were subject to legal advice and audit .. so the concept of fraud is difficult to argue without documented intent & trail of deceit.
Lay went into the stand to give evidence which unfortunately closed off a lot of doubts the jury could have had favoring Lay.
The prosecution successfully used marginal side issues & claims to secure a jury victory over Lay.
But then I see this whole saga clinically and in its context.
The whole case was about fraud and he was found guilty of multiple counts of it. His own testimony damned him -- which should tell you something right there. He was also convicted of bank fraud by a judge in a non-jury trial -- so that out doesn't work.
Anderson was put out of business for their accounting "advice." Invesment banks paid huge sums to aviod trial -- JPM ponied up a billion by itself.
This was a huge fraud involving multiple parties all of whom have run for the hills. Kenny Boy was just one piece -- albeit one in the center. I don't get the sense that you have your facts straight much less a "clinical" view of this one.
Just my $.02.
He had the gall to die in his vacation home a multmillionaire. A lot of his victims probably don't have homes. These guys have to understand these crimes effect people all across the spectrum, and when they get caught, shut up and take the medicine.
I 'm for a weekend at Bernie's scenario. They pick him up right after the services and send him off to the Big House.
You haven't got to be Richard Pryor to do twenty minutes in your head on this one.
I 'm for a weekend at Bernie's scenario. They pick him up right after the services and send him off to the Big House.
You haven't got to be Richard Pryor to do twenty minutes in your head on this one.
No no.... it was Ken Lay [and whoever else was deciding policy at Enron obviously] that would not let the 401k owners sell the stock when executives were dumping theirs. I saw a tv documentary on Enron last year. Ken's theology is [was actually] messed up. It is about children of God deserving wealth, same as Tammy and Jim Baker.