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October 25, 2006

 

Kenny Boy Took It With Him

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Ken Lay, the Houdini of sleight-of-hand accounting performed the Impossible for his last act.
"You can't take it with you" is axiomatic to dying.
Kennie Boy's estate, due to his conviction, owed $45 million right up to the moment he took his last living breath.
But because his appeals had not been granted their day in court his estate's debt to all those Kenny had defrauded was expunged.
The estate keeps the $45 million.
Give credit where credit is due.

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