Chairman and Chief Executive Kenneth Lay, who ran the company as it grew into an energy trading giant then fell into ruins as a symbol of corporate greed, was indicted on Wednesday for his role in the company's collapse, sources said.
Sources said a federal grand jury charged Lay in a sealed indictment with undisclosed criminal charges for alleged misdeeds before the company fell into bankruptcy in December 2001.
Reuters article
Sources said a federal grand jury charged Lay in a sealed indictment with undisclosed criminal charges for alleged misdeeds before the company fell into bankruptcy in December 2001.
Ken Lay recently told The New York Times that he takes responsibility for what happened at Enron but that he did nothing criminally wrong.
Money Central article
He takes responsibility like Rumsfiend takes responsibility for Abu Ghraib. What do these assholes think "taking responsibility" means? Just saying the words?
....hey, do what you want....you will anyway.
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