Wednesday, July 05, 2006

Rest in Peace, Mr. Lay

Kenneth Lay, former chairman and CEO of Enron, who was convicted of fraud and conspiracy, died today at his home in Aspen, before sentencing, due to a heart dicease. He was 64 years old. Mr. Lay was facing decades in prison.

I was sure that Mr. Lay, as well as Mr. Skilling, was guilty of fraud and conspiracy. However this does not change the fact that I feel sorry for his death.

Ken Lay (know as Kenny Boy by his closest friends) managed to find his way out from a very poor environment (he was the son of a very poor baptist priest) and found one of the most powerful energetic companies in the world. He was father of five and grandfather of 12.

I hope he rests in peace.

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