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Enron's Ken Lay: Captain of a Modern-day Titanic?
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******************************** Enron's Ken Lay: Captain of a Modern-day Titanic? http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1015 On July 8, federal prosecutors in Houston made public an indictment against former Enron CEO Kenneth Lay, charging him and another Enron executive with conspiring to deceive shareholders, regulators and the public. Lay’s arrest surprised no one, but opinions differ as to why it took the government so long to make its case, what the odds are that Lay will get off, and whether it was smart for him to hold a news conference and appear on Larry King Live days after being led away in handcuffs.
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