Outrage at Lay's death at ski resort
Former Enron employees outraged at Lay's lavish lifestyle right up until his death
Former Enron employees outraged at Lay's lavish lifestyle right up until his death
Reports that convicted fraudster Ken Lay died while staying at his luxury
house located at an exclusive ski resort have sparked angry responses from
former Enron employees.
In Houston, callers to radio stations expressed outrage that he had been
allowed to continue enjoying such conditions while awaiting sentencing.
As many as 21,000 employees lost their jobs as a result of the fraud at the
energy giant, which also saw accounting firm Andersen collapse in its wake.
Lay’s personal wealth was estimated at $400m (£217m) and he owned as many as
14 homes.
The Guardian revealed that the disgraced former Enron boss was
pronounced dead at the casualty department of hospital near his holiday home
near Aspen, Colorado, after being rushed their in the early hours of Wednesday
morning.
The Colorado authorities said the reason for his collapse would be determined
by an autopsy.
The numbers you crunch tell a story. Your expertis...
18yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThere is optimism that the IPO market will rebound in the second half of 2024, driven by pent-up demand and potential improvements in economic conditi...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleKPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...
View articleThe ICAEW has announced the appointment of its forthcoming chief executive Read More...
View article