I put Middle Earth Journal in hiatus in May of 2008 and moved to Newshoggers.
I temporarily reopened Middle Earth Journal when Newshoggers shut it's doors but I was invited to Participate at The Moderate Voice so Middle Earth Journal is once again in hiatus.

Tuesday, December 27, 2005

Ken Lay's punishment

Well it looks like Kenny Boy Lay may be a little closer to some hard time as former Enron chief accountant, Richard A. Causey has reached a plea bargain deal.
Enron Corp.'s former chief accountant agreed to plead guilty today to criminal conduct that preceded the company's collapse into bankruptcy, according to sources familiar with the negotiations, sealing a deal that gives prosecutors another key witness against former chief executives Kenneth L. Lay and Jeffrey K. Skilling on the eve of their fraud trial.

Richard A. Causey, 45, who is facing more than two dozen criminal charges, is scheduled to appear in a Houston courtroom at 3 p.m. Eastern time today, according to court records. He reported directly to Skilling for years and participated with Lay on conference calls and analyst meetings in the weeks before Enron fell apart.
Conference calls and analyst meetings with Kenny boy right before the fall. That doesn't sound good does it?

But you know jail is too good for Ken. A much better punishment would be to take everything he has, everything. His houses, his cars, all the furniture, all his money, take it all, everything. Make him live ot the rest of his days in some dingy HUD apartment on only his social security check. That's exactly what's going to be the fate of some of his former employees who lost everything. I don't want to be excessively cruel. He could have food stamps but only of course if his old Republican buddies in congress don't do away with them. Yes prison is too good for him.

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