Ken Lay’s “Contributions”
Xrlq has this excellent post on the topic. Who knew Ken Lay had “contributed” so much?
Xrlq has this excellent post on the topic. Who knew Ken Lay had “contributed” so much?
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yow! steve sturm’s over there too, justifying insider selling on the ground of no net investor losses. what a tool!
Comment by assistant devil's advocate — 7/6/2006 @ 7:25 pm
Wasn’t he living in a $5 million mansion while awaiting sentencing after he claimed he was down to his last $100,000?
Comment by John Ekdahl — 7/6/2006 @ 7:41 pm
Don’t speak ill of the dead:
Trickle down, or spread around, one thing you can’t say about Enron’s cash is that it didn’t make the rounds.
That Ken Lay was a heck of a guy and very friendly to folks in influential places, he paid the NY Time’s Paul Krugman $50,000 for serving on Enron’s advisory board.
Mr Lay’s generosity also extended to the US Senate where 71% of members were beneficiaries of Enron’s beneficence.
Say what you will about Ken Lay, but don’t say he didn’t know a thing or two about keeping his “options” open.
Comment by Black Jack — 7/7/2006 @ 8:17 am