tag:blogger.com,1999:blog-7767671.post115212014009615992..comments2024-03-14T05:51:12.959-05:00Comments on Stolen Thunder: Goodbye, Ken LayDJ Drummondhttp://www.blogger.com/profile/11583885371076583265noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-7767671.post-1152229017359140312006-07-06T18:36:00.000-05:002006-07-06T18:36:00.000-05:00DJ,You wrote kind words, and I commend you for the...DJ,<BR/><BR/>You wrote kind words, and I commend you for them. However, it is too little, too late.<BR/><BR/>"A bad wound can be healed, but a bad reputation never does." So says a Spanish proverb. <BR/><BR/>Kenneth Lay may have well sunk into the pit he was in due to incompetence or inability to run such a large corporation. Unfortunately, as the CEO of the company, he was its public face, just as a sea captain is to his ship. If the ship goes down, old habit was that the captain would go down with it.<BR/><BR/>I don't know all of the intricacies of the Enron scandal, but I still believe that what sealed his fate was his own words before the jury that convicted him and Skilling. The jury didn't like what they heard, nor the way he delivered it. Something didn't sit well with them. I dare say that, even in his own defense, he dug himself into his own grave even further.<BR/><BR/>Now, I'm not the kind of person who believes someone's family must pay for that individual's crimes or sins. I don't think Lay's family had anything to do with it. But not everyone here in this country is that forgiving: people still want to see a scalp from the criminal's head, to satisfy the mob. <BR/><BR/>I can see plenty of vindictive coming his kin's way in the near and far future, in the form of lawsuits and otherwise. (Also: I believe that, in the end, the lawyers will get all the dough from all of that. Not a single investor or creditor who lost money on Enron will recover a dime. Maybe they should prepare themselves for the pot of gold that will never fall their way. You can't always get what you want, unfortunately.)<BR/><BR/>I think that, no matter what is said and done right, it is too late for Ken Lay. His fate has been sealed shut, and there's no way anyone can recover his reputation for him.<BR/><BR/>Not even you, D.J.newtonhttps://www.blogger.com/profile/11155544274008241733noreply@blogger.comtag:blogger.com,1999:blog-7767671.post-1152201233349178902006-07-06T10:53:00.000-05:002006-07-06T10:53:00.000-05:00I don't know enough about the internal management ...I don't know enough about the internal management of Enron to label Ken Lay a "crook." But if he wasn't a crook, then he was incompetent as a CEO. As a highly compensated CEO he did have considerable responsibility for the hiring and firing of senior management personell and overall monitoring of the company operations.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7767671.post-1152154005902142732006-07-05T21:46:00.000-05:002006-07-05T21:46:00.000-05:00Unfortunately the bad things someone does will be ...Unfortunately the bad things someone does will be remembered more than the decent things they did. His family has benefited from his theft. The people Ken Lay defrauded should get their money back, if at all possible.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7767671.post-1152146437223501412006-07-05T19:40:00.000-05:002006-07-05T19:40:00.000-05:00I feel so sorry that i have to share a world with ...I feel so sorry that i have to share a world with someone that would write something like this.<BR/>You're just lucky that your blog was cited on cnet and got me to you and made me pay attention to such a supposedly compassionate remark.<BR/>Hope the taxes i pay go to your medicare bills and this guy's funeral.<BR/>That would put a smile on you, wouldn't it?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7767671.post-1152139458581876812006-07-05T17:44:00.000-05:002006-07-05T17:44:00.000-05:00DJ.. looks like you've made the pages of DU or Kos...DJ.. looks like you've made the pages of DU or Kosomaut.com with this column!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7767671.post-1152137819690797602006-07-05T17:16:00.000-05:002006-07-05T17:16:00.000-05:00maybe we can send his family to Guantanemo for a v...maybe we can send his family to Guantanemo for a vacation until they turn over the ill gotten gainsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7767671.post-1152135863942289812006-07-05T16:44:00.000-05:002006-07-05T16:44:00.000-05:00Thank you for this "rememberance." I have to wond...Thank you for this "rememberance." I have to wonder under a democratic administration, if the Press would have eaten him alive, as well as America. I have heard several comments today such as "how he robbed us again, because we don't get the opportunity to send him to jail now." I find that as bad as "his responsibilities" in Enron. No ... I find it worse.meganhttps://www.blogger.com/profile/12968255661978128289noreply@blogger.comtag:blogger.com,1999:blog-7767671.post-1152135148876108382006-07-05T16:32:00.000-05:002006-07-05T16:32:00.000-05:00DJ, you must have been on his payroll.DJ, you must have been on his payroll.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7767671.post-1152135080258393282006-07-05T16:31:00.000-05:002006-07-05T16:31:00.000-05:00You reap what you sow...You reap what you sow...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7767671.post-1152135036290012672006-07-05T16:30:00.000-05:002006-07-05T16:30:00.000-05:00It's nice of you to mention the good in him.It's nice of you to mention the good in him.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7767671.post-1152133539959421642006-07-05T16:05:00.000-05:002006-07-05T16:05:00.000-05:00I agree with you DJ. Having worked with Enron empl...I agree with you DJ. Having worked with Enron employees, most of them respected the man. He built the company from the ground up, in fact made a lot of employees wealthy, and it got too big for one man to oversee. The companies troubles revolved around the shananigans of Fastow and Skilling. If you want to throw bombs at least hit the right people. Lay being the head of the company probably got more than his share of the blame.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7767671.post-1152133484594666062006-07-05T16:04:00.000-05:002006-07-05T16:04:00.000-05:001: Karma0: Ken Lay1: Karma<BR/>0: Ken LayAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7767671.post-1152133139663204462006-07-05T15:58:00.000-05:002006-07-05T15:58:00.000-05:00"Scapegoat"? What the hell are you smoking? He w..."Scapegoat"? What the hell are you smoking? He was a crook - most all CEO's are by definition. This despicable jerk just had to have more and more and more. To hell with everyone else, what about ME?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7767671.post-1152132369391159322006-07-05T15:46:00.000-05:002006-07-05T15:46:00.000-05:00So do you write good words about every theif or ju...So do you write good words about every theif or just the ones who stell in mass quantities?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7767671.post-1152131510213980482006-07-05T15:31:00.000-05:002006-07-05T15:31:00.000-05:00Indeed, quite a Robbin Hood character -- he stole ...Indeed, quite a Robbin Hood character -- he stole from the rich wall street investors (and some poor employees, but mostly rich mutual fund companies); and passed on this wealth to his kids who otherwise would have been a poor guy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7767671.post-1152130715063431492006-07-05T15:18:00.000-05:002006-07-05T15:18:00.000-05:00What about the people that he screwed out of their...What about the people that he screwed out of their savings? He doesn't deserve the right to be remembered as anything but a crook.Anonymousnoreply@blogger.com