Ken Lay's death is BS!, page 7
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reply posted on 22-7-2006 @ 11:52 AM by DeltaT
Indeed, how did Enron fall so quickly? Any corporation is fragile to inside executives like Sherron Watkins or Andrew Fastow selling out on their bosses. Maybe they did so to obtain personal gains, or because of their loyalty to external third partners (linked to the administration?). Many of the rumors around Enron's books, this much is clear, were based on nothing more than gossip. Artificially triggered by internal disclosure of the corporation's financial policies -- causing investors and shareholders to grow increasingly skeptical about the companies' future -- Enron's bankruptcy was a forced affair, initially causing the Justice Department to have an interest in the Enron rumours only reluctanly. The Enron executives never got a chance to a fair trial: several legal experts agree on the overcriminalization of the Enron indictment [2], and it indeed appears that the prosecutors succeeded in nailing the defendants to the wall for a long time, regardless of the legal justification to do so [3].


Ken Lay may have been a Bush financer, but that doesn't mean both families are real friends (is there such a thing as friendship in those circles anyway?). Another argument is that when Bush declares something to the press, he generally means exactly the opposite. The publicly declared 'friendship' between his father George Herbert Walker Bush and Kenneth Lay, ultimately, could well be a ploy rather than reality.

Indeed, if Lay really was a Bush crony -- as he is traditionally portrayed to be because of Enron’s donations to the Bush campaign -- there's no chance his supposed friends in the administration would have let this corporation go down. Indeed, if Enron would have been a loyal partner in the Energy Task Force, especially with such risk of exposure to their own agenda, the trifle problems surrounding Enron would have been effectively covered up instead of blown wide open.

On the other hand, one could imagine what would happen if Enron failed to agree with the 2001 Energy Group meeting’s proposals, while having first hand information about their content and their implications for the covert policy the Bush administration is so notorious for. It is to be suspected that if a highly placed man like Kenneth Lay wasn't loyal enough to Bush’s global agenda, he and his unloyal colleagues would get relentlessly persecuted, overdramatically punished, and even find themselves in a life-threatening situation. Enron's story of fast judicial destruction, Clifford Baxter's strange suicide, and Kenneth Lay's sudden massive heart attack bear the hallmarks of what has happened to many other people who failed to agree with the White House’s policies, or were too well informed about its decisions.

[1]
NRDC's Review of the Bush Administration's Energy Task Force
[2]Overcriminalization?(PDF)
[3]Heaviest charges don't involve Enron



[edit on 22-7-2006 by DeltaT]



reply posted on 17-10-2006 @ 04:27 PM by mecheng
Well... How convenient! Because of his "death" his conviction has been "erased". I'm interested to know now, what if anything, will happen to his estate. I wouldn't be suprised to start hearing rumors of Ken Lay sightings in Argentina.

Judge Vacates Conviction of Ken Lay

HOUSTON _ A federal judge Tuesday vacated the conviction of Enron's late founder Kenneth Lay, wiping out a jury's verdict that he committed fraud and conspiracy in one of the biggest corporate frauds in U.S. history.


edit: Oh, here we go...
Tuesday's ruling thwarts the government's bid to seek $43.5 million in ill-gotten gains prosecutors allege he pocketed by participating in Enron's fraud. The government could still pursue those gains in civil court, but they would have to compete with other litigants, if any, also pursuing Lay's estate.


Prosecutors asked Lake to delay this ruling until Monday, the scheduled sentencing date, so Congress can consider legislation from the Justice Department that changes current federal law regarding the abatement of criminal convictions. Congress recessed for the elections without considering the legislation.


Gee, I wonder why? Anyone feel like looking into connections between Lay and Judge Lake possibly by way of Bush?


[edit on 17-10-2006 by mecheng]
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