Wednesday, July 5, 2006

NEWS FLASH: Ken Lay Avoids Jail Time!!


The recently convicted former Enron chairman Kenneth L. Lay, 64, died early today in Aspen, Colo., a family spokeswoman and the sheriff's office said. Lay, convicted of fraud and conspiracy for his part in the Houston-based energy company's collapse, had faced the possibility of life in prison at his sentencing scheduled for October.

By Carrie Johnson and Daniela Deane
Washington Post Staff Writers
Wednesday, July 5, 2006; 12:22 PM


Enron founder Ken Lay, shown here in March, faced sentencing Oct. 23 in a fraud case surrounding the company's collapse.

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