Enron’s Ken Lay dies

Kenlay2Washington, USA —(METERING.COM)— July 5, 2006 – Authorities have announced that former Enron chairman Kenneth Lay, convicted of fraud and conspiracy in one of the largest corporate scandals in US history, died at the age of 64.

Lay, whose sentencing was scheduled for October, was pronounced dead at a hospital in the mountain resort town of Aspen, Colorado, early Wednesday after a medical emergency.

While an autopsy is pending, spokeswoman, Kelly Kimberly said that the former energy executive died of “natural causes”. Aspen was the only place Lay was allowed to travel to pending his sentencing in the federal court of Houston, Texas.