News Focus
News Focus
Followers 138
Posts 206951
Boards Moderated 19
Alias Born 12/16/2002

Re: timhyma post# 28430

Thursday, 07/08/2004 1:02:25 PM

Thursday, July 08, 2004 1:02:25 PM

Post# of 32434
tim, The indictments are out....

http://news.findlaw.com/nytimes/docs/enron/usvlay70704ind.pdf

As has been the pattern with most of the 21 other ex-Enron employees charged with crimes, the U.S. Securities and Exchange Commission (news - web sites) also filed civil charges against Lay.


The SEC, which said Lay made unlawful proceeds of over $90 million in 2001, charged him with fraud and insider trading.

http://story.news.yahoo.com/news?tmpl=story&cid=568&e=2&u=/nm/20040708/bs_nm/enron_lay_d...


Between the Feds and the SEC he won't have much walking around money.



For those who understand no explanation is needed, ...For those who don't none will.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today