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To: tob2

His pastor today said KL felt "bad" for all those who lost money when Enron folded. Everyone else said he never believed he had done anything wrong, so I don't know if "guilty conscience" applies.

Once again, media today said he had sold all 5 of his Aspen houses back when we all followed the sales. However, the Aspen Valley Hospital said they were called to "his home" in Old Snowmass. I'll have to see if any of the properties allegedly sold were there - I don't think so.

Different sources are giving different figures for what they felt he owed. In the criminal trial, the number $43 million was key, as far as the amount of stock he sold while telling others everything was fine and to buy more. I had heard and seen $75 million for that number.

Others have said today that approximately $180 million was up for grabs in a civil trial. The criminal trial and conviction just "go away" now, with his death. The civil trial could go forward against the estate.


401 posted on 07/05/2006 12:39:21 PM PDT by Rte66
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To: Rte66
The 75M was the money he got from the share sales, however 30M or more of that went to pay for loans he had taken out from Enron, so basically he was just giving back shares to Enron in exchange for debt forgiveness, which nets out to about 40-45M in actual value he realized from the transactions.
405 posted on 07/05/2006 12:51:51 PM PDT by wideawake ("The nation which forgets its defenders will itself be forgotten." - Calvin Coolidge)
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