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Latest Jeffrey Skilling Stories

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2006-07-14 17:30:00

HOUSTON (AP) - Ken Lay has taken his place alongside Elvis Presley in the pantheon of people whose deaths have not been fully believed. In Internet sites and blogs, conspiracy theorists and jokesters have floated the idea that the Enron founder's powerful friends helped him fake his death to escape sentencing in one of the biggest corporate frauds in U.S. history. Some disbelievers are serious. Others are clearly having fun, such as the creator of a Web site that shows Lay's face...

2006-07-12 14:26:26

By Bruce Nichols and Matt Daily HOUSTON (Reuters) - Houston's political and business leaders, including former President George H.W. Bush, turned out for Kenneth Lay's memorial service on Wednesday, less than a week after the Enron founder's sudden death. Friends and family lauded as a devout Christian and family leader the man who built Enron into an international energy powerhouse before its collapse in the biggest corporate scandal of its time. Lay's stepson David Herrold told...

2006-07-07 08:10:00

HOUSTON -- The body of Enron Corp. founder Ken Lay will be cremated and his ashes buried in Aspen, Colorado where he died this week of an apparent heart attack, a newspaper reported on Friday. The Houston Chronicle, quoting a source close to Lay's family, said the cremation and Aspen burial had been Lay's wish because the mountain town, where he once owned several properties, was his favorite place in the world. The Lay family will hold a private service in Aspen on Sunday for the one-time...

2006-07-06 21:21:48

WASHINGTON (Reuters) - President Bush on Thursday called convicted Enron Corp. founder Ken Lay, who died this week, a "generous person," but said he had betrayed the trust of shareholders. Lay died of heart disease on Wednesday while on vacation in Colorado, six weeks after being convicted of fraud and conspiracy in the financial scandal that brought down the energy conglomerate. Lay, a former confidant of Bush's father, and called "Kenny boy" by the current president, was once a...

2006-07-06 14:32:39

HOUSTON (Reuters) - The sudden death of disgraced Enron Corp. founder Ken Lay topped newspaper headlines across the nation on Thursday, with media reactions ranging from outraged to cheated. The outrage was provided by the The New York Post, which gave voice to the conspiracy theories circulating around the Internet that Lay's death was faked. "Before they put cheato Lay's coffin in the grave check he's in it," the tabloid splashed on its front page. Some media kept the story...

2006-07-06 14:30:59

HOUSTON (Reuters) - The sudden death of disgraced Enron Corp. founder Ken Lay topped newspaper headlines across the nation on Thursday, with media reactions ranging from outraged to cheated. The outrage was provided by the New York Post, which gave voice to the conspiracy theories circulating around the Internet that Lay's death was faked. "Before they put cheato Lay's coffin in the grave check he's in it," the tabloid splashed on its front page. Some media kept the story simple,...

2006-07-05 18:29:48

By Matt Daily HOUSTON (Reuters) - Enron Corp.'s founder Ken Lay died of heart disease on Wednesday while vacationing near Aspen, Colo., six weeks after being convicted of fraud and conspiracy in the financial scandal that brought down the once-mighty energy conglomerate. Lay, 64, who was awaiting sentencing, faced decades in prison in connection with Enron's 2001 bankruptcy. "There was no evidence of foul play," Dr. Rob Kurtzman, the forensic pathologist who performed the autopsy...

2006-07-05 16:03:57

By Matt Daily HOUSTON (Reuters) - Enron Corp. founder Ken Lay died of an apparent heart attack on Wednesday, six weeks after he was convicted of fraud in the financial scandal that brought down the once-mighty energy conglomerate. Lay, 64, was at his vacation home near Aspen, Colorado, awaiting sentencing, and was expected to face decades in prison for his fraud and conspiracy convictions linked to Enron's 2001 bankruptcy. "Ken Lay passed away early this morning," Lay family...

2006-07-05 11:29:16

By Matt Daily HOUSTON (Reuters) - Enron Corp. founder Ken Lay died of a heart attack on Wednesday, six weeks after being found guilty of fraud in one of the biggest corporate scandals in U.S. history. Lay, 64, was awaiting sentencing later this year and was expected to face decades in prison for his fraud and conspiracy convictions in the Enron collapse. "Ken Lay passed away early this morning," Lay family spokeswoman Kelly Kimberly said in a statement. Lay and another former Enron...

2006-06-30 18:21:41

By Matt Daily HOUSTON (Reuters) - U.S. prosecutors asked a federal judge on Friday to force former Enron chief executives Ken Lay and Jeffrey Skilling to forfeit $183 million for their crimes at the collapsed energy company. The filing made to the federal court where the two men were convicted last month asks Judge Sim Lake to grant the forfeiture request that would match the "gross amount of the proceeds of the crimes of conviction." Lay, 64, was convicted of six counts of...