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Ken Lay

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Ken Lay
Chairman of the board and CEO of Enron from 1985 to 2002. During his tenure, Enron committed one of the largest accounting frauds in history. As CEO, Lay presided over a company in which many of its assets were either overpriced or completely fictional; losses were hidden in offshore subsidies; and most profits were fraudulent. He was charged with and convicted of securities fraud and other crimes, but he died before he was sentenced. He lived from 1942 to 2006.
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THIS Oscar-nominated documentary has been made extra topical by last month's court case which found chairman Ken Lay and CEO Jeff Skilling guilty of what you might call 'corporate manslaughter'.
Corporate meltdown; ENRON: THE SMARTEST GUYS IN THE ROOM (15) ... by Birmingham Mail (England)
WITH THE CONVICTION of Ken Lay and Jeffrey Skilling, the CEOs who guided Enron through its meteoric rise and even more spectacular implosion of fraud and conspiracy, an era has come to an end.
The tragedy of enronicus rex by Chief Executive (U.S.)
Raynor referred to a 1997 speech in which Ken Lay referred to Enron as "the people's cops.
Raynor: Enron the People's Crooks, Not 'People's Cops'; AFL-CIO - ... by Business Wire
 
 
 
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