.comment-link {margin-left:.6em;}

 The image “http://photos1.blogger.com/img/18/3404/640/NewsORamaLogo-rev1.jpg” cannot be displayed, because it contains errors.

Wednesday, December 14, 2005
  Sorry Kenny-Boy the pity train has already left the station
US News Article | Reuters.com: "HOUSTON (Reuters) - Former Enron Corp. Chairman Ken Lay on Tuesday said he was the victim of a 'wave of terror' by prosecutors and blamed his former chief financial officer for the energy company's spectacular downfall.

In a preview of his defense at his criminal trial next month, Lay, in a speech to a Houston group, said he was only to blame for trusting Andrew Fastow, Enron's CFO, who has pleaded guilty to charges and will be the government's key witness against Lay and co-defendants.

'We did trust Andy Fastow, and sadly, tragically, that trust turned out to be misplaced,' Lay said.

Lay, former Chief Executive Jeffrey Skilling and former Chief Accounting Officer Richard Causey will face criminal trial in January for charges brought in the aftermath of the collapse of the world's largest energy trader.

Lay also took aim at the Department of Justice's Enron Task Force, which he said launched a special investigation against him even before there was evidence of any crimes."
Comments: Post a Comment

Links to this post:

Create a Link

<< Home
Current events with a sprinkle of opionion.


A prematurely crusty South Park Republican, with a raging addiction to internet news and current events.

Contact NewsORama:

powered by FreeFind

Daily light reading:

September 2004 / October 2004 / November 2004 / December 2004 / January 2005 / February 2005 / March 2005 / April 2005 / May 2005 / June 2005 / July 2005 / August 2005 / September 2005 / October 2005 / November 2005 / December 2005 / January 2006 / February 2006 / March 2006 / April 2006 / May 2006 / June 2006 / July 2006 / September 2006 /

Powered by Blogger