culture, politics, commentary, criticism

Tuesday, August 10, 2004
$38 million to defend Skilling and Lay. Tandem dockets and bulging pockets (Mary Flood in the
Houston Chronicle):
Ex-Enron Chairman Ken Lay wants to go to trial immediately and alone, possibly without a jury, and he's ponied up some $15 million to get it done, according to court papers filed Monday.

Lay, who faces 11 criminal charges, was indicted along with former Chief Executive Officer Jeff Skilling and former top accountant Rick Causey. As expected for weeks, Lay's Houston lawyer, Mike Ramsey, asked U.S. District Judge Sim Lake on Monday to separate Lay from his alleged co-conspirators and try Lay in mid-September.


The government noted in court papers Monday that Lay has set aside "a formidable war chest, transferring $15 million to a legal defense fund eight weeks before his indictment."


The gigantic sum only seems small in comparison to Skilling's war chest. Charged with 35 counts of insider trading, securities fraud, wire fraud and conspiracy, Skilling put $23 million in his legal defense fund.
Where did these two guys get $38 million? Could their possession of that kind of stash have anything at all to do with "insider trading, securities fraud, wire fraud and conspiracy"? Hmmm...

(Reminder: Martha Stewart, as a Democrat and a woman, may go to jail for an insider trade that netted her $224,000. Enron's two CEOs, as Republicans and as men, can afford to put up $38 million for their defense fund alone. God only knows what they've sequestered offshore in Switzerland or the Caymans. They've had three years to do it.)

Greatest Hits · Alternatives to First Command Financial Planning · First Command, last resort, Part 3 · Part 2 · Part 1 · Stealing $50K from a widow: Wells Real Estate · Leo Wells, REITs and divine wealth · Sex-crazed Red State teenagers · What I hate: a manifesto · Spawn of Darleen Druyun · All-American high school sex party · Why is Ken Lay smiling? · Poppy's Enron birthday party · The Saudi money laundry and the president's uncle · The sentence of Enron's John Forney · The holiness of Neil Bush's marriage · The Silence of Cheney: a poem · South Park Christians · Capitalist against Bush: Warren Buffett · Fastow childen vs. Enron children · Give your prescription money to your old boss · Neil Bush, hard-working matchmaker · Republicans against fetuses and pregnant women · Emboldened Ken Lay · Faith-based jails · Please die for me so I can skip your funeral · A brief illustrated history of the Republican Party · Nancy Victory · Soldiers become accountants · Beware the Merrill Lynch mob · Darleen Druyun's $5.7 billion surprise · First responder funding · Hoovering the country · First Command fifty percent load · Ken Lay and the Atkins diet · Halliburton WMD · Leave no CEO behind · August in Crawford · Elaine Pagels · Profitable slave labor at Halliburton · Tom Hanks + Mujahideen · Sharon & Neilsie Bush · One weekend a month, or eternity · Is the US pumping Iraqi oil to Kuwait? · Cheney's war · Seth Glickenhaus: Capitalist against Bush · Martha's blow job · Mark Belnick: Tyco Catholic nut · Cheney's deferred Halliburton compensation · Jeb sucks sugar cane · Poindexter & LifeLog · American Family Association panic · Riley Bechtel and the crony economy · The Book of Sharon (Bush) · The Art of Enron · Plunder convention · Waiting in Kuwait: Jay Garner · What's an Army private worth? · Barbara Bodine, Queen of Baghdad · Sneaky bastards at Halliburton · Golf course and barbecue military strategy · Enron at large · Recent astroturf · Cracker Chic 2 · No business like war business · Big Brother · Martha Stewart vs. Thomas White · Roger Kimball, disappointed Republican poetry fan · Cheney, Lay, Afghanistan · Terry Lynn Barton, crimes of burning · Feasting at the Cheney trough · Who would Jesus indict? · Return of the Carlyle Group · Duct tape is for little people · GOP and bad medicine · Sears Tower vs Mt Rushmore · Scared Christians · Crooked playing field · John O'Neill: The man who knew · Back to the top

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