Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

I believe Elvis is dead but when it comes to Ken Lay I'm a doubting Thomas

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
unapatriciated Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-24-09 11:10 AM
Original message
I believe Elvis is dead but when it comes to Ken Lay I'm a doubting Thomas


first they took it away....

http://www.cfo.com/article.cfm/9032767/?f=rsspage
Lay was convicted in May 2006 on ten counts of fraud and conspiracy in two separate cases, but since he died before exhausting his appeals, Lay's indictment convictions were wiped from the record under a legal principle known as the abatement doctrine. And since there are now no criminal convictions, prosecutors must sue Lay's estate to recover any money.(last paragraph in article)

then they offered this...

http://money.cnn.com/2006/09/07/news/newsmakers/lay_enr ...
Enron workers who lost their pensions can seek up to $12 million from Enron founder's estate; payout could be less.
New York (CNNMoney.com) -- The federal government said Thursday that it agreed to cap at $12 million the amount of money that Enron workers who lost their pensions could try to recover from the estate of Ken Lay, the former Enron chairman who died in July.
But claimants may not receive the full $12 million in reparations for their losses, the Labor Department said in a statement.
Enron founder Kenneth Lay died in July after being convicted of fraud and conspiracy. His estate is facing civil claims filed against him.
Lay, who died of a heart attack after his conviction in May on charges on conspiracy and fraud related to Enron's collapse, testified during his trial that he was $250,000 in the red because most of his net worth was tied up in worthless Enron stock. He added that legal bills ate up the rest of his fortune and that he still owed millions to his attorneys.
The Labor Department said any final recovery will depend upon the total amount of assets available for distribution from Lay's estate. The proposed settlement is subject to approval from the U.S. District Court for the Southern District of Texas.

Now they want it back...

http://www.khou.com/topstories/stories/khou080515_tj_en ...
Enron demanding money back from former employees
Jo Ann Holloway is one of the employees who got the letter. 11 News found her in Stafford.
These days, she's a mapping specialist for the public works department in Stafford.
Years ago, we would have found her among the thousands fired when Enron folded. Her Enron retirement plan also went under that day.
"I'd say (I lost) $70,000 or $80,000," Holloway said.
11 News: That just vanished?
Holloway: "Poof, the magic dragon. Gone
Two years ago, she got some of that money back. A class action settlement got her $726.22.
"I was appalled that's all they sent, said Holloway.
Now Enron, which cost her tens of thousands of dollars, wants her to give that $726 back
Printer Friendly | Permalink |  | Top
AnotherMother4Peace Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-24-09 11:24 AM
Response to Original message
1. I also have doubts about his death. He had the means, motive, & opportunity to fake it. nt
Printer Friendly | Permalink |  | Top
 
Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-24-09 11:35 AM
Response to Original message
2. I've always wondered if he truly died. They moved so fast afterwards...
Did anyone actually see him...beyond his wife and undertaker, that is? I've always imagined him alive and in Dubai making a home for Cheney, Rummy, et al.

Printer Friendly | Permalink |  | Top
 
aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-24-09 11:48 AM
Response to Reply #2
3. Never heard one word about open casket or autopsy. Not one.
And when someone dies just before a prison sentence, I would think you'd want to check exactly how he died.

So I also agree that this man ain't dead. They lied about everything else, this would have been easy.
Printer Friendly | Permalink |  | Top
 
unapatriciated Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-24-09 12:04 PM
Response to Reply #2
4. If Cheney boards a plane for Dubai, in the next few months....
I think you might be right.
Printer Friendly | Permalink |  | Top
 
lies and propaganda Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-24-09 12:07 PM
Response to Original message
5. there was a poster a long time ago
who said something about seeing him in Switzerland.. that has always stuck in my mind..
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Mon Dec 22nd 2014, 07:28 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC