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
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
The Colorado authorities said the reason for his collapse would be determined
by an autopsy.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements