Wheels of Justice Will Catch Ken Lay (Enron) By Andrew L. Jaffee, November 10, 2003	Home   Search   Forum   Terms

The wheels of justice are fast on the heels of Ken Lay, former chairman of the now bankrupt Enron. They're already catching up with the business criminals of the burst economic bubble of 2000 - 2001. Mutual fund holders are seeing justice too.

Lay has agreed to turn over documents to the Securities and Exchange Commission (SEC). The Commission hopes to uncover information that would shed light on Enron's collapse (and rear-ending of shareholders), as well as ol' Ken's involvement. Poor Ken was selling his Enron shares long before Enron's stock fell off the cliff. Just before Enron's implosion, Ken was leading company pep-rallies to hoodwink his employees into buying more stock.

According to the Houston Chronicle:

"The SEC got everything it wanted," Luis Mejia, an attorney for the agency, said Friday.

Let's hope. This guy Lay stinks like a dead fish that's been washed up on shore in 99F degree weather for two months.