Ken Lay dead
Former Enron CEO Kenneth Lay has died, reports say
Ken Lay, former Enron CEO, has died, reports said today.
A
family spokeswoman told CNN that Lay died early this morning in Aspen. He
was 64 and is beleived to have suffered heart failure.
In a statement, spokeswoman Kelly Kimberly said, ‘The Lays have a very large
family with whom they need to communicate, and out of respect for the family we
will release further details at a later time.’
In May, Lay was found guilty of nine counts of fraud and conspiracy related
to the collapse of Enron, the company whose collapse has become a byword for
corporate scandal.