A federal judge in Houston this afternoon wiped away the fraud and conspiracy conviction of Kenneth L. Lay, the Enron Corp. founder who died of heart disease in July, bowing to decades of legal precedent but frustrating government attempts to seize nearly $44 million from his estate.Love this line:
A man accustomed to flying in private jets and mingling with the Bush family, foreign diplomats, and owners of professional sports teams, Lay was brought low by a widening scandal after disclosures that Enron had disguised billions in debt and manufactured revenues out of whole cloth.Yes, you read that right. Ken Lay was "brought low" to the point where federal prosecutors could only have potentially seized $44 million from his estate.
Jesus wept.
Is it too early to start quoting Lenin, Mao, and Huey Newton?
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