Thursday, January 24, 2002
Lay's-Bet you can't bankrupt just one.-Enron Chair Kenneth Lay resigned yesterday. The commentary on the way in this morning was answering subpoenas will be his new full-time job. This guy went from being a possible Bush cabinet member to possibly being Spike's new roommate in six months. California Atty. Gen. Bill Lockyer was making a tasteless joke at Lay's expense about prison rape last year during the electricity shortages; now, if Lay had a hand in some of the more fraudulent stuff, he could actually get prison time. The Enron shell game (how much Lay was in on the details is still in question) is much worse that Michael Milken's insider activities, and Milken served hard time.
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