Thursday, July 06, 2006

Lay Cheats Us One Last Time

Ken Lay, the corrupt (and convicted) former Chairman of Enron will, in death, not only avoid hard jail time, but he will also cheat his debtors (presumably including the former employees and shareholders of Enron) out of the $43.5 million that prosecutors were attempting to recover from his personal estate. Because his conviction was technically pending appeal, it will now be "extinguished", and his estate will be protected from any further attempt to recover the money.

Although the civil suits against him can proceed, The Oracle predicts that not one penny will ever be recovered from the tortuous complexities and financial mazes that comprise his personal estate.

Wild conspiracy theories aside, it nonetheless does seem a remarkably fortunate outcome for his heirs that he should die at this time.
Enron watchers everywhere will be awaiting the outcome of the post mortem and the toxicology tests (due in a few weeks) with great interest.

The only good news in all this is that even though he cheated both the legal system and hard jail time, as corrupt a man as he could not cheat death, and he will now get to experience whatever is coming to the special corner of hell that's reserved just for people like him.

~ Trendar

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