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Enron's Kenneth Lay Dies
Don420 writes "This morning the biggest corporate criminal in modern history, Kenneth Lay, died of a massive coronary before he could receive his sentence. Lay was found guilty of being in charge of the scheme that had many lose their live-savings through a scheme of complex offshore holdings and is to thank for our having to live with Sarbanes-Oxely." From the article: "Enron filed for bankruptcy in December 2001 after investigators found it had used partnerships to conceal more than $1 billion in debt and inflate profits. Enron's downfall cost 4,000 employees their jobs and many of them their life savings, and led to billions of dollars of losses for investors."
As others have said, it is possible he's not dead, and that this is simply a ruse to prevent prosecution.
I'll also believe the cause of Lay's death after we hear it from a coroner or a physician rather than his attorney or his priest.
Dog is my co-pilot.
He was a greedy, self serving, criminal piece of crap. Stop pretending he was some boy scout. I'm sure you shed plenty of tears when the kid down the street holding up the liquor store gets shot by the cops. Get real dude. I think you've watched too much Dr. Phil. pussy.
Oh yes, that horrible Democratic corruption which stains dresses, makes cigars smell like fish, and relieves the president's pent up tension after working all night to pass a budget after the god-fearing Republicans shut down the government. I forgot to mention that. Thanks for reminding me.
I Miss Monica - Ode to an intern.
<sarcasm>I'm glad to know you Republican ass-holes are still fighting the good fight against consentual blow-jobs. Blow jobs kill a lot more people than senseless wars, and they cost taxpayers much more than $293,646,760,794. I'm glad you have your priorities straight, and that you aren't hipocrits for hold double standards.</sarcasm>
-Don
PS: <truth>Ann Coulter is a MAN, baby! And if you want to fuck her, then you're gay!<truth>
Take a look and feel free: http://www.PieMenu.com
The vast majority of people are scumbags, and we don't kill all of them or cheer as their families prepare for funerals, becuase that would make us little shits like you.
Big ones, small ones, some as big as yer 'ead!
Give 'em a twist, a flick o' the wrist...
I am as against Clinton and his neo-liberal vision (which killed at least 500,000 Iraqi children) as I am against Bush. That said, at least Clinton's daddy didn't have a hand in killing John and Bobby...
"Speaking the Truth in times of universal deceit is a revolutionary act." -- George Orwell
Great. A "Republican = bad" nut.
I think it's funny how you start off your argument claiming the problem was not enough deregulation, and then you end it by blaming the regulators for not regulating enough.
I think it's funny that you can't tell the difference between "deregulation" and "deregulating part of an industry while tightening the regulation of other parts". Also, he isn't blaming the regulators for "not regulating enough", but for regulating in a obviously stupid way. I tend to favor deregulation, but you can't just pick laws to get rid of in a semi-random way.
California would have been much better of with its earlier regulations, or a well-planned deregulation scheme, or even under a well-planned set of tighter regulations. Instead they went with a set of changes that messed up the market for power and made it easier for criminals to hide their activity, and then called it "deregulation" so they could blame the resulting mess on "the market".
I don't know what that has to do with anything.
The majority of his corruption and criminal acts took place under the Clinton admin. So if anyone is "to blame" for letting this continue it's Clinton. And it could also be spun such that the Bush admin actually pursued him thus are the 'heroes' for taking down a 'villain".
Personally, I leave politics out of it and try not to attribute things like this to politicians I either support or oppose, it helps keep me from making an ignorant ass of myself like you just did.
Libertas in infinitum