Thursday, July 06, 2006

Kenny-boy goes to Hell



Kenneth Lay, the former chairman of Enron convicted of presiding over one of the biggest frauds in American corporate history, has died of a heart attack while awaiting sentencing. He had been suffering from a reality hit after the court case but failed to admit his guilt.
The 64-year-old, once one of the nation’s business grandees and an adviser to President George Bush, collapsed at his holiday home near Aspen in Colorado in the early hours of yesterday morning.
His death robs prosecutors of a final, cathartic chapter in their five-year pursuit of wrong-doing at Enron, whose collapse came to symbolise an entire era of corporate corruption. Lay’s sentencing, scheduled for October, was likely to see him imprisoned for the rest of his life.
Already, friends were saying yesterday that he had died of a heart attack induced by the visit of two government assassins who had visited Cliff Baxter before he committed suicide.
The next on the list for a heart attack is Lewis Libby.

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