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  #1  
Old 07-05-2006, 10:31 AM
GenuineRisk's Avatar
GenuineRisk GenuineRisk is offline
Atlantic City Race Course
 
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Default And Kenny Boy escapes justice for the final time

Sigh...

http://www.nytimes.com/2006/07/05/bu...rtner=homepage
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  #2  
Old 07-05-2006, 12:43 PM
irishtrekker irishtrekker is offline
Turf Paradise
 
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Posts: 248
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Nooo! F@CK!!!

So, I gotta wonder. This sudden death (and no details) seems pretty vague. Natural causes, or suicide? He didn't exactly have anything left to live for. I have a very difficult time believing this was just one of those coincidences.
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  #3  
Old 07-05-2006, 12:46 PM
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SentToStud SentToStud is offline
Arlington Park
 
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Quote:
Originally Posted by irishtrekker
Nooo! F@CK!!!

So, I gotta wonder. This sudden death (and no details) seems pretty vague. Natural causes, or suicide? He didn't exactly have anything left to live for. I have a very difficult time believing this was just one of those coincidences.
Guy was worth $40 mil. Intersting to see if they still go after his money.
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  #4  
Old 07-05-2006, 12:57 PM
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GenuineRisk GenuineRisk is offline
Atlantic City Race Course
 
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Quote:
Originally Posted by irishtrekker
Nooo! F@CK!!!

So, I gotta wonder. This sudden death (and no details) seems pretty vague. Natural causes, or suicide? He didn't exactly have anything left to live for. I have a very difficult time believing this was just one of those coincidences.
Yeah, me too! I usually am a "wait for the whole story" person, but under the circumstances, and after reading that oddly worded statement... and seeing as how suicide has been used by Enron execs before....

I don't think they legally can go after his money, other than what the estate tax will take. His family is going to continue to live VERY well thanks to his nefarious doings... who says crime doesn't pay?
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  #5  
Old 07-05-2006, 12:58 PM
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Buffymommy Buffymommy is offline
Santa Anita
 
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Location: In a little world all my own...
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Guessing maybe suicide? Can everyone still go after his estate?
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  #6  
Old 07-05-2006, 01:04 PM
boldruler
 
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That money is his families. Sad, but that is the reality of it. He was very clever and put his money in life insurance policies and annuities that are protected in certain states from lawsuits. The guy was garbage, but very smart garbage.
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  #7  
Old 07-05-2006, 01:13 PM
eurobounce
 
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I dont think it was a suicide. That much pressure and stress will cause a heart attack. Since the cause of death was a heart attack then there will not be an autopsy.

Now, creditors can certainly go after the estate. The estate will not be settled for years. But there will not be much left after the creditors get their cut. I am sure he has life insurance and annuties to allow his family to live well.
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  #8  
Old 07-05-2006, 01:30 PM
boldruler
 
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Quote:
Originally Posted by eurobounce
I dont think it was a suicide. That much pressure and stress will cause a heart attack. Since the cause of death was a heart attack then there will not be an autopsy.

Now, creditors can certainly go after the estate. The estate will not be settled for years. But there will not be much left after the creditors get their cut. I am sure he has life insurance and annuties to allow his family to live well.
He was clever, they put just about everything out of the reach of creditors. TX really makes it easy to keep assets from being taken in lawsuits. I believe his wife will be getting something like $900,000 a year. Not bad considering they stole thousands of peoples retirement money. I am just shocked somebody hasn't tried to kill them. If somebody stole my retirement money I would kill them before I went to WalMart for a $6/hr job when I was 70 yrs old. Try finding a jury that would convict the person that killed Ken Lay or his wife. In TX they would just see it as justice.
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