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Ken Lay's Final Loophole
Nize Notes ^

Posted on 07/06/2006 7:39:44 AM PDT by 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.

(Excerpt) Read more at nizenotes.com ...


TOPICS: Business/Economy; Crime/Corruption; Extended News; Government; News/Current Events; US: Texas
KEYWORDS: enron; enronlist; kenlay
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To: MineralMan

It seems that the plan is only in effect, when it's a good thing...when bad things happen, it's a divine mystery??!!

So if there is a plan, how does our free-will fit in?


61 posted on 07/06/2006 8:59:50 AM PDT by stuartcr (Everything happens as God wants it to.....otherwise, things would be different.)
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To: stuartcr
It's always good to hear from someone that knows what's important to God.

Salvation. Yours and mine.

62 posted on 07/06/2006 9:02:55 AM PDT by subterfuge (Call me a Jingoist, I don't care...)
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To: Pukin Dog
Its not Lay's Estate anymore. Death is the ultimate money launderer. Its over.

Apparently you haven't heard of estate taxes ... ask anyone who has settled an estate. Death, even with survivors, doesn't get you off the hook ... the taxman wants his share ... same with litigants in a lawsuit.

63 posted on 07/06/2006 9:03:18 AM PDT by BluH2o
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To: subterfuge

As God wants it.


64 posted on 07/06/2006 9:06:22 AM PDT by stuartcr (Everything happens as God wants it to.....otherwise, things would be different.)
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To: stuartcr

"It seems that the plan is only in effect, when it's a good thing...when bad things happen, it's a divine mystery??!!

So if there is a plan, how does our free-will fit in?"




According to my understanding of the belief, the plan is always in effect. Our intellects are just too puny to understand it.

Being of puny intellect, I would not attempt to explain it.

As for free will, it all depends on which sect of Christianity you adhere to. Some of the Calvinist branches would argue that free will is really just a myth, and that every second of every life is planned and known.

Other sects grant you the free will, but still will admit that the deity is really in charge.

Basically, it seems to me that you have the illusion of free will, but subject to the will of the deity.

Again, though, what do I know? I'm just a lowly atheist. I guess I have free will.


65 posted on 07/06/2006 9:08:31 AM PDT by MineralMan (non-evangelical atheist)
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To: MAWG
Ken Lay was not the villain the msm has portrayed him to be.

Really? I distinctly recall seeing Ken Lay in a Enron employee meeting extolling the masses to continue to have confidence in Enron stock, buy more ... at the same time he was unloading his shares. Ken Lay was a sleazy dirtbag.

66 posted on 07/06/2006 9:08:42 AM PDT by BluH2o
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To: shalom aleichem
No, Lay's layers have a valid claim against Lay's estate, as do any of the people he supposedly defrauded (assuming they filed or will file within the statute of limitations). His widow will have to hunker down with a lawfirm and defend all the junk. His lawyers may end up with most if not all of his money. Litigation could burn it up so creditors never get a dime.

I, thankfully, never had a dime involved in Enron, but if I did, I'd rather see all of Lay's leftover cash eaten up by legal fees than to have his family get to keep it, even if it meant I never got anything back either. We can argue the legal technicalities all day, but morally his estate appears to consist mostly of stolen property.

67 posted on 07/06/2006 9:16:00 AM PDT by Dont Mention the War (This tagline is false.)
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To: Paleo Conservative
He gets to stiff his lawyers too

There's a silver lining in every cloud

68 posted on 07/06/2006 9:16:32 AM PDT by paul51 (11 September 2001 - Never forget)
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To: ErnBatavia

I don't believe this is true and I am a lawyer. In any event the civil suits will take whatever the government doesn't. If you gotta go, Aspen isn't such a bad place.


69 posted on 07/06/2006 9:24:53 AM PDT by appeal2
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To: BluH2o
Apparently you haven't heard of estate taxes ... ask anyone who has settled an estate. Death, even with survivors, doesn't get you off the hook ... the taxman wants his share ... same with litigants in a lawsuit.

Absolutely. I'm doing it right now and ANYBODY with a claim gets first shot at the estate.

70 posted on 07/06/2006 9:25:23 AM PDT by Howlin
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To: MAWG
>You people are really something. You've been watching too much mainstream media

This is Wimbledon
Fortnight. About all I've seen
for the last two weeks

is Sharapova
screaming and Roger creaming
everyone he's faced . . .

71 posted on 07/06/2006 9:25:34 AM PDT by theFIRMbss (A.Mauresmo d. M.Sharapova, 6-3 3-6 6-2 !!!)
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To: BluH2o
Like I said, you people have seen too much nonsense put out by the mainstream media. The piece of film you cite was a hit piece put out by NBC I believe. I dont believe it was ever PROVEN he was selling stocks while encouraging others to buy.

Look, I'm not saying the guy didn't make mistakes, he did. But he was not this overwhelmingly sinister fiend who INTENDED to steal money from his own employees. That just isn't Ken Lay. He was never looking to gut his own company.

72 posted on 07/06/2006 9:28:27 AM PDT by MAWG (In the shadows, on permanent ambush duty.)
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To: 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.”


I would first do a DNA test make sure the body is his, if he could this is a perfect opportunity to fake his death.

73 posted on 07/06/2006 9:30:00 AM PDT by Steve Van Doorn (*in my best Eric cartman voice* “I love you guys”)
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To: Dont Mention the War

Rush just read from Washington Post a story decrying all the evils Lay will miss due to his untimely death (i.e. rape, foul prison air and food, etc.) yet the Left does not mind guys like Marc Rich and George Soros running around jet setting, living high on the hog, without a care in the world, and Lay was a piker compared to them.


74 posted on 07/06/2006 9:47:07 AM PDT by shalom aleichem
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To: Steve Van Doorn

Excellent point, S.


75 posted on 07/06/2006 9:49:01 AM PDT by butternut_squash_bisque (The recipe's at my FR HomePage. Try it!)
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To: toaster

Talk about the last act of defiance! Part of me says "Good on ya!"


76 posted on 07/06/2006 9:49:44 AM PDT by Redleg Duke (¡Salga de los Estados Unidos de América, invasor!)
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To: stuartcr
If, in all things, God is in control, why did so many people have to lose their savings?

Sue Him in your little court.

Cordially,

77 posted on 07/06/2006 10:01:33 AM PDT by Diamond
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To: toaster

Where Ken is headed, all the money in the world ain't gonna help him.


78 posted on 07/06/2006 10:03:41 AM PDT by dfwgator
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To: ErnBatavia

Likewise. He was found guilty. It takes an appeal to overturn it. I doubt an appeal will be forthcoming.


79 posted on 07/06/2006 10:08:39 AM PDT by RobRoy (The Internet is doing to Evolution what it did to Dan Rather. Information is power.)
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To: toaster
I suppose I'm the only person in the world who thinks Lay was guilty of nothing and that the company would have pulled out of its tailspin if the Democrats hadn't thought they could bring Bush down by tying him to Enron.

Did anyone notice that the media dropped Enron as a front page story when all the evidence pointed to a greater Clinton connection?

If this case was legit Franklin Raines and everyone at Fanny Mae would be in prison.

Ken Lay was an honest, Christian man who donated millions and millions to charity. He and the company were destroyed and denigrated for all time by the Left.

80 posted on 07/06/2006 10:09:49 AM PDT by Deb (Beat him, strip him and bring him to my tent!)
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