Ken Lay dead
God has called him home, or is it Satan
64-year-old former energy executive was awaiting sentencing for fraud.
NEW YORK (CNNMoney.com) -- Enron founder Kenneth Lay died early Wednesday in Aspen, Colo., a family spokeswoman said.
Lay, 64, was awaiting sentencing after being found guilty of conspiracy and fraud.
In a statement, spokeswoman Kelly Kimberly said, "The Lays have a very large family with whom they need to communicate, and out of respect for the family we will release further details at a later time."
The spokeswoman did not release any further details, but CNN affiliate KPRC in Houston said Lay, 64, was admitted to the Aspen Valley Hospital overnight with a massive coronary
In May, Lay was found guilty of 10 counts of fraud and conspiracy related to the collapse of Enron, the energy company he founded that eventually grew into the nation's seventh largest company before it imploded after an accounting scandal.
Both men faced 25 to 40 years behind bars, legal experts said.
Wow, the Devil must have needed him home.
Remember, this is the man who stole the retirement of thousands of hardworking people and got to have fancy vacation homes, while people who laid pipe for 30 years in all weather have to get help from their kids.
Damn, I so wanted to see him in jail.
posted by Steve @ 10:28:00 AM