Ken Lay Dies
Posted by Slobokan @ 11:32 · 120 words · print
Enron Corp. founder Kenneth Lay, who was convicted of helping perpetuate one of the most sprawling business frauds in U.S. history, has died of a heart attack in Colorado. He was 64.
A secretary at his church and another secretary for his lead criminal lawyer, Michael Ramsey, on Wednesday both confirmed the death. Lay frequently vacationed in Colorado.
Lay, who faced life in prison, was scheduled to be sentenced Oct. 23.
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Pastor Steve Wende of First United Methodist Church of Houston, said in a statement that church member Lay died unexpectedly of a "massive coronary."
Wende said Lay and his wife, Linda, were in Aspen, Colo., for the week "and his death was totally unexpected. Apparently, his heart simply gave out."
Posted In: Obituaries
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