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Jul 5
Kenneth Lay of Enron Dies

Former CEO of Enron and convicted felon, Kenneth Lay, died suddenly of a heart attack in Aspen, Colorado.

Lay was scheduled to spend the rest of his life in prison and has become a name synonymous with corporate abuse and fraud. His death brought to a close the legal drama that was initiated after the collapse of the energy giant Enron.  Lay takes credit for Enron’s rise as one of the largest corporations in the United States. A court also gave him credit for its collapse and the loss billions of dollars in employee pensions. Thousands of employees and shareholders suffered financially from the demise of Enron. Many find death is not enough punishment for Lay.

First his character failed him and then his health. 

Pholospher Soren Kierkegaard once said,

“The tyrant dies and his rule is over, the martyr dies and his rule begins.”

Read the entire story at the Washington Post and a commentary of many views at FunnyBusiness.

 

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