I just wonder what kid of inside dirt about Bush he was offering in exchange for a lighter sentence made Rove and Cheney decide they would be better off with him having a “heart attack”
::shines tinfoil hat::
only mostly kidding…
Seriously, didn’t wish him dead, ain’t sorry he is, would have rather seen him behind bars for a very long time.
I also wonder who will get his millions? I bet the people he defrauded will see less of it, if any, than his family.
I don’t rejoce in anyone’s death and that would include obl. Lay played in the big leagues and he made a big league mistake. Had he been successful, everyone would have lauded his leadership and business acumen. He can be faulted for poor business behavior, but he never deliberately intended to harm anyone. Enron’s failure can be attributed to way beyond Lay’s participation . Obviously he lost more than anyone else.
Now concerning the guy who got three years for slitting a cabbie’s throat from behind…
Given how he deliberately tried to cover up his own idiocy, much to the demonstrable harm of Enron employees and investors, I can’t see how this statement is remotely supportable.
WHAT? That is disgusting. Are you out of your fucking mind? Tell that to the thousands of people, particulalry seniors, who now have a fixed income way lower than they had. Tell that to the employees who thought their retirements were going to be taken care of. Oh, he KNEW people were going to get hurt, hue just thought that he wouldn’t be found out: “Aw, shucks, the company is gone. But we had some really good years, didn’t we folks?Couldn’t have done it without you.” Do you really think that someone with his knowledge didn’t know that stockholders were going to be left holding the bag?
Are you nuts? The guy deliberately broke the law to enrich himself, and impoverish the other employees of Enron, and the people of California who bought their energy from him. This wasn’t a “risky business venture,” it was outright, calculated fraud. Never deliberately intended to harm anyone? Arguably, that’s so: if he could have gotten all that money without stealing from his employees and customers, I’m sure he would have. But he absolutely knew that his actions would have destructive effects on other people, and he knew that those actions were illegal, and he went ahead and did them anyway. “Poor business behavior?” It’s called “theft,” and it’s not generally considered to be a valid business strategy.
No, had he been successful, people would still be howling for his head due to his price gouging antics in California. I don’t rejoice in his death either; as I said in the other thread, I wanted him to live long and suffer in prison and possibly be forced to call a large man named Bubba “daddy”.
He can be faulted for a complete lack of business ethics as well as breaking several laws. To his attorney’s credit, he was only convicted for a couple of them. He very deliberately stole from his employees and now a lot of hard working people are out of work and out of pensions and retirement earnings because Kenny boy just couldn’t stop himself from being the common thief that he was. “Far beyond his participation”?? Are you high? He took the money, he participated. It wasn’t his to take.
Yes, because Ken Lay was SO much less deserving. He just ruined hundreds of lives and defrauded an entire state. It isn’t as if he actually used physical violence. That makes it better.
I suppose, it’s within the realm of possibility that at 12:59 a.m. this morning, Kenny-Boy suddenly had a moment of clarity, realized the depth of his sinful behavior, and prayed to God for guidance and absolution. And God said, “YOU ARE FORGIVEN, MY SON. NOW, COME ON HOME.”
But…let’s get real. :rolleyes:
Watch the documentary, Enron: The Smartest Guys in the Room. If you think Ken Lay was guiltless, it will blow your mind. And if you think Ken Lay was the most corrupt, evil human being to walk the earth, it will still blow your mind.
(Granted, Kenny-Boy didn’t act alone – Andrew Fastow was the architect of the whole “creative bookkeeping” angle, but he’s already pled guilty and testified against the other CEO’s. True Henry Hill style…)
I cheered out loud when I read the headline this morning, but I must agree that I’d rather see him alive and living out the rest of his life in prison.
What Ken Lay did was the socio-economic equivalent of genocide, something so heinous, inhuman, and unforgivable that I honestly believe that it puts him (morally? ethically?) beneath child rapists and mass murderers. It’s a shame that we tend to disregard economic “white collar” crimes in the way that we do, because Ken Lay was the Osama Bin Laden of fraud.
I wouldn’t go quite that far. The case could be made that his actions, motivated by greed, affected far more people than even the most prolific of child rapists. Economically, he left a lot of people in a very uncomfortable place. I’m not saying that I agree with it, but I wouldn’t say the remark is raging crazy.
As for Kenny, I’m not happy that he is dead, but I’m not sorry either. I would’ve preferred that he die in the orange jump suit surrounded by concrete and bars rather than Aspen surrounded by loved ones.
Do you think child rapists want to be child rapists? That they sit down and carefully consider the options and then go out and rape a child? Child rapists would give anything to not be what they are. They can’t help being what they are, any more than a rabid dog could. You might have to put a rabid dog down to protect society, but you don’t blame the dog, you just shoot it in the head and move on.
Ken Lay, on the other hand, was not driven by a compulsion. He chose to steal, he chose to bankrupt his stockholders and employees to enrich himself. He committed crimes to profit from them. People will die because of what he did. There are old people who can’t afford their diabetes medication or heat in the winter or even food because his first $300 million in net worth wasn’t enough, he wanted $400 million. He is more guilty than a child rapist.
I don’t believe that employees were required to invest their 401k contributions in company stock. As far as I can tell from a quick web search, the company matching contribution was in company stock but I doubt that even Enron could have required its employees to invest their contributions in company stock.
And the crimes weren’t just poor management and manipulation of the California energy market. They also used special purpose entities to keep losses off the company’s books, among other manipulations.
It sure is sad to see this high-profile under-investigation case suddenly fall flat because [del]William Casey[/del] Kenneth Lay has died. I wonder if that’s ever happened before.
This is what gets me about Lay - he was already obscenely wealthy. What on earth was his motivation to do what he did? He was already RICH! In what way could his lifestyle have changed or even improved by getting more money? He screwed over so many people for literally nothing - he was already rich enough that it was just a drop in the ocean.
I could even understand a broke guy screwing over people to get rich, but the guy was already completely loaded when he did what he did. It’s absolutely obscene.