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Ken Lay is on TV now in Houston!

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Ilsa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-04 01:17 PM
Original message
Ken Lay is on TV now in Houston!
Saying he wants a speedy trial, hoping to begin by early September. I guess he wants it over so DimSon can pardon him before his ass is blown out of DC and back to hell-hole Crawford.
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llmart Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-04 01:35 PM
Response to Original message
1. Ken Lay??? Who's that????
Signed,

George W. Bush
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Kahuna Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-04 01:36 PM
Response to Original message
2. Yepper!
nt
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Ilsa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-04 01:38 PM
Response to Original message
3. I'm hoping he'll say something else they can indict him for,
just like they did Martha Stewart.
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jus_the_facts Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-04 01:38 PM
Response to Original message
4. WHY isn't his ass in CUFFS bein' DRAGGED to JAIL......
...like your average CRIMINAL on the STREET??! #*%^@(@#*$$$$$$$$$$$$$$$$$$:eyes:
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dweller Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-04 01:41 PM
Response to Reply #4
5. cuz he ain't your 'regular criminal on the street'
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Ilsa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-04 01:46 PM
Response to Reply #4
7. He was frog-marched earlier.
Well, no leg irons, but they cuffed him and had video on CNN. Still, he got out awfully quickly and was back on TV really fast.
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louis-t Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-04 02:00 PM
Response to Reply #4
11. He was in cuffs this morning
saw it twice.
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dakine Donating Member (31 posts) Send PM | Profile | Ignore Thu Jul-08-04 01:42 PM
Response to Original message
6. I made a killin'
On Enron, but I think it is wrong that the vested employees were unable to sell...
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Ilsa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-04 01:48 PM
Response to Reply #6
8. It goes beyond that.
Edited on Thu Jul-08-04 01:48 PM by Ilsa
He was telling them to buy the day before the Board canned Fastow (or Skilling?), and that all their shit smelled like roses. Meanwhile he was dumping his stock. A real low-life shit, IMO.

We need video of Bush hitting the campaign trail in the ENRON jet in 1999 and 2000.
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markses Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-04 01:51 PM
Response to Reply #6
9. Oh, congratulations
Maybe you can use the money to teach your kids about ethics. Or perhaps one can't throw money at these kinds of deficiencies. People lost their lives savings, and you're here crowing about your killing? The perspective store is having a sale, there, Warbucks.
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dryan Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-04 02:00 PM
Response to Reply #9
12. Not a lawyer
What law(s) is Lay actually being accused of? Being incompetent is unfortunately not against the law.
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ElaineinIN Donating Member (345 posts) Send PM | Profile | Ignore Thu Jul-08-04 02:05 PM
Response to Reply #12
13. Securities Fraud
It is a federal crime to lie or materially mispresent facts to the public as part of a securities offering, which includes some of the accounting games that Enron is accused of playing. I believe that's the crux of most of the charges.
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lapfog_1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-04 02:32 PM
Response to Reply #12
15. Yeah, add to that

bank fraud (see, it's illegal to misrepresent the financial state of
your corporation to banks to obtain lines of credit), wire fraud (much
the same)... and conspiracy (if two or more people are involved)

Note to self... if you EVER decide to commit a felony,
for god's sake, don't TELL anyone or ask someone to help you... you will
serve about 1/2 the time without the conspiracy conviction.
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lapfog_1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-04 01:58 PM
Response to Reply #6
10. Thank you

now, would you please send a check to every person in the State of
California, who Enron ILLEGALLY bilked for at least $9 Billion, but
the resulting damage in direct terms of higher long term energy
contracts the State was forced into signing, will cost over $25 Billion.
The indirect costs from those market manipulations may be well over
$200 Billion or more.

So spare us some loose change, we'll each take $1000.

That will cover my PG&E bill for about 4 to 5 months... if I don't
run any AC.
I think that not only should we be able to sue Enron and the other
energy companies, but also the executives and traders for their
personal assets, AND the investors for THEIR PERSONAL assets.

See, morally, you might as well have taken a flight to San Jose,
tracked me down on the street, pulled a gun and said "give me $5000
over the next 10 years". To me, it's the same thing. Hope you enjoy
your market winnings.
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John BigBootay Donating Member (574 posts) Send PM | Profile | Ignore Thu Jul-08-04 02:13 PM
Response to Original message
14. Even if he's convicted before Jan. 2005--
Bush will NOT pardon.

Lay made his own bed and now he is going to sleep in it.

Just watch.
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