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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: Deb

No, you're not the only one Deb.


81 posted on 07/06/2006 10:38:23 AM PDT by MAWG (In the shadows, on permanent ambush duty.)
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To: MineralMan

I'll go with the illusion, besides, the good thing about these topics, is that nobady can be proven wrong....but I guess ole Ken knows by now.


82 posted on 07/06/2006 10:45:48 AM PDT by stuartcr (Everything happens as God wants it to.....otherwise, things would be different.)
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To: Diamond

No need, I didn't have any Enron interests.


83 posted on 07/06/2006 10:49:53 AM PDT by stuartcr (Everything happens as God wants it to.....otherwise, things would be different.)
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To: stuartcr

"but I guess ole Ken knows by now."

Or not. In my belief system, the individual ceases to exist upon death. Therefore Ken Lay would know nothing whatever at this point, since he no longer exists.

It just all depends on what you believe.


84 posted on 07/06/2006 10:52:50 AM PDT by MineralMan (non-evangelical atheist)
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To: MineralMan

At least if/when we cease to exist, we sure won't be worrying about what we did while we were alive, and feeling sorry for ourselves. Definitely takes a load off...


85 posted on 07/06/2006 10:55:12 AM PDT by stuartcr (Everything happens as God wants it to.....otherwise, things would be different.)
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To: MAWG

Whew.


86 posted on 07/06/2006 10:59:05 AM PDT by Deb (Beat him, strip him and bring him to my tent!)
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To: stuartcr

"At least if/when we cease to exist, we sure won't be worrying about what we did while we were alive, and feeling sorry for ourselves. Definitely takes a load off..."

I've always assumed that there will come a point in my life where I review it. That would be sometime near my death, I suppose. When I do that, I want to be proud of how I lived.

That's what I live by. I've been near death once, about 15 years ago, and did have that experience of examining my life up to that point. I had no regrets.

I'm not concerned with what happens after I die. It's how I live that is my constant concern.


87 posted on 07/06/2006 11:03:32 AM PDT by MineralMan (non-evangelical atheist)
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To: MineralMan

As well it should be. We shouldn't worry about stuff that is unknown. I don't think we're here, just to worry about what happens after we're gone.


88 posted on 07/06/2006 11:10:33 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.

Gee, I guess I better find a new tagline, but then God must have wanted you to read it....or it wouldn't be there.


Every time I read one of your posts I think it is the stupidest post I've ever read. But then you post again and prove me wrong.
89 posted on 07/06/2006 11:12:13 AM PDT by newguy357
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To: MineralMan
Seems a flawed plan to me, but what do I know?

Quite clearly you know very little. Yet for some reason you still have an unexplainably high opinion of yourself....
90 posted on 07/06/2006 11:13:42 AM PDT by newguy357
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To: MineralMan; stuartcr
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.

You are mistaken about what Calvinists believe about Free-Will. We believe you are free to do whatever you want. If you want to know more go ahead and ask in the Religion forum.

91 posted on 07/06/2006 11:14:53 AM PDT by ksen ("For an omniscient and omnipotent God, there are no Plan B's" - Frumanchu)
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To: newguy357

I guess that's what God wants you to do also, but you haven't been here long enough to have read them all.


92 posted on 07/06/2006 11:14:56 AM PDT by stuartcr (Everything happens as God wants it to.....otherwise, things would be different.)
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To: ksen

"You are mistaken about what Calvinists believe about Free-Will. We believe you are free to do whatever you want. If you want to know more go ahead and ask in the Religion forum.
"

Sorry. I know I oversimplifed the issue way too much in that brief statement. The question of predestination vs. free will is one of my favorite things to discuss, but it's one that is awfully difficult to do briefly.

I do understand the issue, thanks. I'll try not to oversimplify things like that again.


93 posted on 07/06/2006 11:27:11 AM PDT by MineralMan (non-evangelical atheist)
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To: theFIRMbss
Let's get some lawyer to go to Hell and bring back Lay to do his time!

Let's get all lawyers to go to hell and call it a day.

94 posted on 07/06/2006 11:31:36 AM PDT by USS Alaska (Nuke the terrorist savages - In Honor of Standing Wolf)
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To: MAWG

The Roman galleries don't care about facts.


95 posted on 07/06/2006 12:08:36 PM PDT by stinkerpot65
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To: toaster
best decision of my life was turning down a job with Enron - they wanted me to engineer all sorts of bizarre and incomprehensible leasing transactions that would have served no legitimate purpose. We aren't talking tax shelters here, to this day I can't figure out exactly what they wanted these transactions to accomplish.

The compensation system also made no sense to me. It was to be tied to the transactions, but there was no way these transactions could have generated any money.

The fact no one during the entire hiring process was honest with me combined with the fact I had no desire to move to Houston led me to reject the offer when it came.

This was in 1998.

96 posted on 07/06/2006 12:53:00 PM PDT by Energy Alley ("War on Christians" = just another professional victim group.)
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To: Gay State Conservative
It's not the *heirs* that would be sued in civil court,it's the *estate*.Unless I'm mistaken,the probate laws of every state in the union require the executor of an estate to settle all debts incurred by the deceased during his/her lifetime before distributing proceeds to any heir.

However, future civil suits would take place after Lay's death. If he hasn't been sued by now, then there aren't any debts incurred for which to sue the estate.

97 posted on 07/06/2006 1:04:14 PM PDT by ContraryMary (New Jersey -- Superfund cleanup capital of the U.S.A.)
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To: MineralMan
Sorry. I know I oversimplifed the issue way too much in that brief statement. The question of predestination vs. free will is one of my favorite things to discuss, but it's one that is awfully difficult to do briefly.

I do understand the issue, thanks. I'll try not to oversimplify things like that again.

No problem FRiend. ;^)

98 posted on 07/06/2006 1:07:54 PM PDT by ksen ("For an omniscient and omnipotent God, there are no Plan B's" - Frumanchu)
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To: toaster

Hmmm. I'd think that if his lawyers had not yet filed for the appeal, the judgement would stand, even after his death.


99 posted on 07/06/2006 1:14:40 PM PDT by SuziQ
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To: ContraryMary
However, future civil suits would take place after Lay's death. If he hasn't been sued by now, then there aren't any debts incurred for which to sue the estate.

I think we need a lawyer to weigh in on this one.Unless I'm very much mistaken,one or more civil suits were brought against him before his death.If I'm correct on this,I wonder if they can go foreword after his death,with a lawyer hired by and paid for by the estate acting in defense.

100 posted on 07/06/2006 1:27:52 PM PDT by Gay State Conservative
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