Friday, July 07, 2006

The Where Abouts Of Key Lay Of Enron

I can still see the sad pictures of the hundreds of Enron employees weeping as they left the
Enron building for the last time, with empty retirement accounts in tow. They have been patiently waiting for the last Enron verdict on the most powerful culprit who steered the biggest stock scandal in history. Unfortunately that patience has proven to be in vain. It has been said that Ken Lay, the Chairman and CEO has passed away and with him much of the hope to regain the retirement money employees lost in the debacle.

Do you believe Key Lay is really dead? I for one am very suspicious. My suspicion was aroused when, 1. The coroner came on national television to convince everyone that, "Yes, it really happened, the poor guy has passed"(paraphrased). 2. When the announcement was made that the x-Enron employees may not see financial vindication.

First of all, how often does the coroner come on national tv to convince us that someone has died. I can't recall the last time. Second of all, his death should have nothing to do with the chances the employees should or should not be reimbursed for lost retirement money. This all indicates to me that Ken Lay is more likely sipping martini's on an isolated and luscious island in the middle of the pacific, than lying 6 feet under. What is your opinion?

Get savvy with your money----diversify your investments, especially your retirement account.

Msfinancialsavvy