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Lay Tells Newspaper Others Destroyed Enron (AP)







Lay Tells Newspaper Others Destroyed
Enron (AP)

Lay Tells Newspaper Others Destroyed
Enron (AP)
06/26/2004 07:17 PM

AP - Former Enron Corp. chairman Kenneth Lay took responsibility for the company's spectacular demise but blamed any criminal acts on underlings in a wide-ranging interview with The New York Times.




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Lay Tells Newspaper Others Destroyed Enron (AP)

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I found this via a neat new blog called hypulp which I found via Metafilter.

Click here to comment on this entry


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In the annals of corporate corruption, the words of the Enron Energy traders who chortled (CBS) over the screwing their company was giving California and other western states in the 2000 energy crisis are amazing mostly for their brazen quality. Still, if California's political leaders -- from both parties -- hadn't made such a mess of deregulation, the crooks from Enron and other companies never would have had the opportunity in the first place. That doesn't excuse them, any more than a burglar is excused for entering a residence where the owner forgets to lock all the doors. Someday we'll know who Cheney's energy buddies were -- the ones he's trying so hard to shield from the public. The only surprise will be if Ken Lay and Jeff Skilling aren't among them.


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