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Heart disease killed Lay, autopsy says

ASPEN, Colo., July 20 (UPI) -- An autopsy on former Enron Chairman Ken Lay says the 64-year-old died this month of advanced heart disease, with three cardiac arteries nearly closed.

Funeral service held for Ken Lay

ASPEN, Colo., July 9 (UPI) -- Friends and family of the late Ken Lay gathered at tiny Aspen Chapel in Colorado Sunday, to remember the former Enron chairman and celebrate his life.

The Almanac

Today is Friday, July 7, the 188th day of 2006 with 177 to follow.
By United Press International

Ken Lay's death stymies prosecutors

NEW YORK, July 6 (UPI) -- The sudden death of Enron Corp. founder Ken Lay appears to thwart prosecutors' bid to seize pieces of his estate.

Ken Lay, Enron founder, dead at 64

ASPEN, Colo., July 5 (UPI) -- Ken Lay, an icon of U.S. corporate accounting scandals, died early Wednesday, about five years after the U.S. energy trading firm he founded collapsed.

Heart attack kills Enron founder Ken Lay

ASPEN, Colo., July 5 (UPI) -- Former Enron Corp. chairman Ken Lay has died of a massive heart attack suffered while he was in Aspen, Colo., KPRC-TV, Houston, reported Wednesday.

The Almanac

The weekly UPI Almanac package for July 3-9, 2006.
By United Press International

The Almanac

Today is Monday June 19, the 170th day of 2006 with 195 to follow.
By United Press International

Networking: Y2K hangover finally ending?

CHICAGO, June 5 (UPI) -- Remember the Y2K panic back in 1999? That was the largely unfounded and shamelessly hyped by rapaciously greedy computer companies fear that all computers would
GENE KOPROWSKI, UPI Technology Columnist

Enron jury convicts Ken Lay, Jeff Skilling

HOUSTON, May 25 (UPI) -- A Houston jury in the trial of former Enron Corp. chiefs Ken Lay and Jeff Skilling convicted both men Thursday of most of the 34 charges against them. The eight-woman, four-man panel in the 14-week case took six days to decide that Lay, 64, was guilty of

Second Ken Lay trial concludes

HOUSTON, May 24 (UPI) -- A non-jury bank-fraud trial in Houston of former Enron Corp. chairman Kenneth L. Lay has ended. Prosecutors said the 64-year-old Ph.D. was a sophisticated executive who seems "constitutionally incapable of accepting responsibility" for lies to three banks

Closing arguments begin in Enron trial

HOUSTON, May 15 (UPI) -- Prosecutors in the Houston fraud and conspiracy trial of Enron Corp.'s former leaders began closing arguments Monday.

Closing Enron arguments begin Monday

HOUSTON, May 14 (UPI) -- Defense attorneys and those prosecuting former top Enron officials are set to begin their closing arguments this week after 15 weeks of testimony.

Ken Lay has more legal challenges ahead

HOUSTON, May 8 (UPI) -- The founder of Enron Corp. has a few more legal hurdles after his current fraud and conspiracy trial winds up.

Defense rests in Enron case

HOUSTON, May 8 (UPI) -- Prosecutors in the Houston conspiracy and fraud trial of Enron Corp.'s former leaders called their first rebuttal witness Monday.
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Photos
Ken Lay
Former Enron chairman and CEO Ken Lay walks to the Bob Casey US Court House with his wife, Linda, Wednesday, May 15, 2006 in Houston, Texas. The Enron Task Force and lawyers for Ken Lay and Skilling will begin closing arguments as the 15-week trial begins to wind down.(UPI Photo/Johnny Hanson)
Wiki

Dr. Kenneth Lee "Ken" Lay (April 15, 1942 – July 5, 2006) was an American businessman, best known for his role in the widely reported corruption scandal that led to the downfall of Enron Corporation. Lay and Enron became synonymous with corporate abuse and accounting fraud when the scandal broke in 2001. Lay was the CEO and chairman of Enron from 1985 until his resignation on January 23, 2002, except for a few months in 2000 when he was chairman and Jeffrey Skilling was CEO.

On July 7, 2004, Lay was indicted by a grand jury on 11 counts of securities fraud and related charges. On January 31, 2006, following four and a half years of preparation by government prosecutors, Lay's and Skilling's trial began in Houston. Lay was found guilty on May 25, 2006, of 10 counts against him; the judge dismissed the 11th. Because each count carried a maximum 5- to 10-year sentence, legal experts said Lay could have faced 20 to 30 years in prison. However, he died while vacationing in Snowmass, Colorado on July 5, 2006, about three and a half months before his scheduled October 23 sentencing. Preliminary autopsy reports state that he died of a heart attack caused by coronary artery disease. As a result of his death, on October 17, 2006, the federal district court judge who presided over the case vacated Lay's conviction. There have been conspiracy theories surrounding his death.

Lay was born in Tyrone, Missouri, the son of Ruth (née Rees) and Omer Lay. His father was a Baptist preacher and some-time tractor salesman. When Lay was a child, he delivered newspapers and mowed lawns. Early on, he moved to Columbia, Missouri and attended David H. Hickman High School and the University of Missouri where he studied economics, receiving a B.A. in 1964 and an M.A. in 1965. He served as president of the Zeta Phi chapter of the Beta Theta Pi fraternity at the University of Missouri. He went on to earn his Ph.D. in economics from the University of Houston in 1970 and soon after went to work at Exxon Mobil Corp., the successor to Humble Oil & Refining.

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It uses material from the Wikipedia article "Ken Lay."
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