Kenneth lay biography



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By Ben Richardson
Business reporter, BBC News


Mr Lay portrayed himself as a victim of his workers' dishonesty

Ken Lay's rise to the top of the business world came to an abrupt halt with the collapse of Enron, the energy trading giant he helped to create.

As investigators picked through the wreckage of a company that had hidden billions of dollars in debts in search of evidence of Mr Lay's role in the scandal, the executive from Missouri protested his innocence.

Even after he was found guilty of fraud, conspiracy and other charges, Mr Lay vowed to clear his name.

Kenneth lay biography

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  • But his death of a heart attack means that instead of getting another chance to tell his side of the story, Mr Lay will ultimately be remembered as the man who presided over one of the biggest corporate scandals in US business history.

    Ripple effect

    The tragedy of Enron and Mr Lay is that for many years they were held up as a shining example of the American dream.

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