But Skilling lives on. Well, it seems that Kenneth Lay, ex-CEO and Chairman of Enron, has kicked the bucket, just in time to avoid jail. What a slippery fucker:
Enron Corp. founder Kenneth Lay, who was convicted of helping perpetuate one of the most sprawling business frauds in U.S. history, died Wednesday of a heart attack in Colorado. He was 64.
I don’t normally piss on the graves of dead people, but for Lay I’ll make an exception. He represented everything that is wrong with America today:
When Lay and Skilling went on trial in U.S. District Court Jan. 30, it had been expected that Lay, who enjoyed great popularity throughout Houston as chairman of the energy company, might be able to charm the jury. But during his testimony, Lay ended up coming across as irritable and combative.
He also sounded arrogant, defending his extravagant lifestyle, including a $200,000 yacht for wife Linda’s birthday party, despite $100 million in personal debt and saying “it was difficult to turn off that lifestyle like a spigot.”
…Riiiiiight. Yeah, I’m sure that the good life is hard indeed to give up. But doesn’t that make it all the more likely that you lied and swindled in order to maintain your fortune?
His defense didn’t help his case with jurors.
“I wanted very badly to believe what they were saying,” juror Wendy Vaughan said after the verdicts were announced. “There were places in the testimony I felt their character was questionable.”
Hmmm…. I wonder if black people living in the inner city get juries who desperately want to believe what they are saying. Probably not many. So you can see how much of advantage Lay and Skilling had, but the jury still found them guilty.
Ding dong, the wicked witch is dead. I hope his creditors take everything; his family doesn’t deserve his ill-gotten gains, especially when there are so many ex-Enron employees with empty 401Ks and imaginary pensions.
100 million in personal debt? Man, his ruby-red slippers are soooo getting repossessed.