SEC Accuses Enron's Lay of Legal 'Charade'

[RamboLiberal]

http://www.latimes.com/business/la-fi-rup29.10oct29,1,2402835.story?coll=la-headlines-business

Former Enron Corp. Chairman Kenneth L. Lay turned over to a bankruptcy examiner evidence that he is refusing to give the Securities and Exchange Commission in its probe of Enron's collapse, the SEC told a federal judge.

In a court filing in Washington, the SEC asked U.S. District Judge Royce C. Lamberth to reject Lay's assertion of his 5th Amendment right against self-incrimination and compel his delivery of the evidence. The SEC called Lay's refusal to produce the evidence a legal "charade."

Lay has argued that the disputed documents were "personal" and not corporate records, which generally can't be withheld based on an individual's claim of 5th Amendment protection.

[david_vincent]

1. Thanks for this link!

Every day that goes by, I wonder when Kenny-boy will be sent up the river - and why he hasn't yet been sent.
The GOP and the media whores think that people have forgotten about this. Yeah, just like the CIA will forget about Wilson's wife being outed.

[Zhade]

5. Every day, I wonder when a disgruntled ex-Enron employee will target Lay.

I mean, let's face it - the CEO will become a target for violence at some point in the future, simply because of the role such executives play in ripping off people and destroying the environment, not to mention war profiteering.

I'm surprised no one's yet tried to off Lay or any of the other mega-thieves, actually!

[mbperrin]

2. Personal, eh?

Well, that settles that!
</complete blindness to actual facts>

[loudnclear]

3. Can he be imprisoned for chrading?

If not, then so what to this news.

[Democat]

4. Martha Stewart will be in jail, and Lay will be free

As long as you don't vote for a Democrat, don't worry about breaking the law!

[DemoTex]

6. For the new DUers: I used to fly a Learjet and Lockheed Jetstar II for Lay

Oh, I know Kennyboy well! And like the Everly Brothers song goes, "Oh the stories I could tell!" Ken Lay is an arrogant asshole, pure-and-simple.

[Zan_of_Texas]

8. DemoTex -- tell ! Tell!

Did you fly Dubya around when he was running for governor? Did you fly one of Lay's daughter's pieces of furniture around for her? Did you fly Poppy Bush to the DC inauguration of his son in an Enron jet? (Someone did).

Tell!

[bluestateguy]

7. Ken Lay should be sent to Guantanamo

and tried by a military tribunal for economic terrorism then he should be put to death.