Ken Lay's Final Loophole

Nize Notes ^

[toaster]

...because Ken Lay's case may still have been appealed, Lay's death expunges the conviction from his record.

This means that any orders to vacate his wealth are annulled, and his family gets to keep millions of dollars that they likely would have lost had he gone to jail.

[Paleo Conservative]

He gets to stiff his lawyers too.

[Mr. K]

are they sure this was 'natural causes' ?

[newcthem]

I just about busted a gut, laughing at the libs on the local talk radio, bitching about Lay's death and how it just wasn't fair!!

[tbird5]

Laughing from the grave, maybe.

[TommyDale]

This is probably going to upset people more than anything. He had it all protected through Limited Partnerships, etc. and even the government would have been unable to seize all the assets. He was very shrewd with his agressive asset management program.

[steve8714]

Here, Ken, drink your iced tea..it's nice and sweet, just the way you like it...

[butternut_squash_bisque]

His autopsy was almost finished, last I heard. I'm betting someone will contest it, and want another medical team to confirm it.

[ErnBatavia]

This means that any orders to vacate his wealth are annulled, and his family gets to keep millions of dollars

I'm not a lawyer, but I highly doubt this assumption...

[N. Theknow]

This means that any orders to vacate his wealth are annulled, and his family gets to keep millions of dollars that they likely would have lost had he gone to jail.

Was he related to the Clintons?

[goldstategop]

Ken Lay's heirs can't be punished for his crimes. A law of attainder is unconstitutional. He went out at the right time.

(The Palestinian terrorist regime is the crisis and Israel's fist is the answer.)

[Gay State Conservative]

I heard something similar regarding a NY State case...the guy was convicted of murder but died shortly after the verdict was handed down so his record was wiped clean.

I would think,however,that his estate could be sued by various individuals/groups/entities for civil fraud,etc.

[brownsfan]

"He was very shrewd with his agressive asset management program."

And yet, he claimed no knowledge of what was going on with Enron's books. Hmmmmm.

[Question Liberal Authority]

I just about busted a gut, laughing at the libs on the local talk radio, bitching about Lay's death and how it just wasn't fair!!

It's amazing to contrast it with the way they reacted to Zarqawi's death. The local rag here is all "Ken Lay's death is disappointing to those who wanted to see him spend years in jail". Like Ken Lay is sitting around saying "I'll show the bastards. I'll have a massive heart attack!"

[butternut_squash_bisque]

It's done; 3rd ppg down...

http://www.cnn.com/2006/BUSINESS/07/05/enron.lay/index.html

[Protagoras]

Who is Raymond Nize and why should we give credence to what he says about this?

[goldstategop]

They could file a civil lawsuit - assuming they know where all the assets are. As a practical matter, its difficult to sue a man's heirs. Whatever his misdeeds, they don't deserve to get punished for something they didn't do.

(The Palestinian terrorist regime is the crisis and Israel's fist is the answer.)

[theFIRMbss]

>Lay's death expunges the conviction from his record. This means that any orders to vacate his wealth are annulled, and his family gets to keep millions

Let's get some lawyer
to go to Hell and bring back
Lay to do his time!

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Death of Eurydice

The most famous story in which he figures is that of his wife Eurydice. Eurydice is sometimes known as Agriope. While fleeing from Aristaeus, she was bitten by a serpent which brought her to her death. Distraught, Orpheus played such sad songs and sang so mournfully that all the nymphs and gods wept and gave him advice. Orpheus went down to the lower world and by his music softened the hearts of Hades and Persephone (the only person to ever do so), who agreed to allow Eurydice to return with him to earth. But the condition was attached that he should walk in front of her and not look back until he had reached the upper world. In his anxiety he broke his promise, and Eurydice vanished again from his sight.

[dinoparty]

But I assume aggrieved individuals will still sue his estate.

[Protagoras]

I'm not a lawyer, but I did stay at a Holiday Inn Express last night.