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Lay's widow claims assets:She says she is rightful owner of property sought by government

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Judi Lynn Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 03:26 AM
Original message
Lay's widow claims assets:She says she is rightful owner of property sought by government
Source: Houston Chronicle

April 17, 2007, 11:42PM
Lay's widow claims assets
She says she is rightful owner of property sought by government


By KRISTEN HAYS
Copyright 2007 Houston Chronicle

Former Enron Chairman Ken Lay's widow says she is the rightful owner of his share of assets that the government wants to seize.

Linda Lay's assertion in a court filing this week was the latest step in the government's effort to wrest about $13 million of the deceased ex-chairman's assets that prosecutors allege are tied to fraud.

"That's just standard," Houston attorney Stanley Schneider said of the filing. "Anyone who has an interest in the property has to file a claim."

Other filings from Linda Lay's lawyers say the parties are trying to negotiate a settlement in the case. This week's filing asserts that his interest in the assets were transferred to her upon his death last July.





Read more: http://www.chron.com/disp/story.mpl/business/4724897.html
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truthisfreedom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 03:40 AM
Response to Original message
1. Sorry honey, that money is dirty.
Your former husband ripped off millions of Californians to get it... and screwed thousands of his own employees. It's dirty, dirty, dirty. And you need to just forget your former lifestyle and start making some clean money of your own.
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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 03:43 AM
Response to Original message
2. Last I heard of this clustertruck she's right
Edited on Wed Apr-18-07 03:44 AM by Lasher
Prosecute screwed around, screwed around, screwed around until Kenny Boy died before sentencing. Now it seems all bets are off. I think they were saying they could get the money some other ways so the defrauded employees and investors could be partially compensated. But I think that's all smoke & mirrors to try to make it look like the prosecutors didn't screw this up. Now it looks like Kenny Boy's wife and children will be rolling in their millions for the rest of their days while former employees will be flipping burgers until they drop dead.

Court cases typically take way way too long.
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Rowdy Church Donating Member (53 posts) Send PM | Profile | Ignore Wed Apr-18-07 04:30 AM
Response to Original message
3. Who Saw The Body?
Who actually ever saw Ken Lay's body?

His death was mighty convenient and came just in the nick of time.

I may have to adjust my tin foil hat a bit - but with friends like poppy Bush, who, let's not forget ran the CIA for years - is it really that far fetched to imagine a scenario where ole Kenny boy had some help either faking his death or even helping it along to secure his ill gotten treasure for his heirs.

I'm just saying ... lesser men than Kenny boy have faked their deaths for money -- Kenny just had the right connections to pull it off. Not to mention allowing the whole sordid swindle and the involvement of the Bush mafia to be forgotten.

Weirder things have happened.

:tinfoilhat:
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Judi Lynn Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 04:39 AM
Response to Reply #3
4. I agree with you. They consistantly thumbed their noses at the public.
The timing in this situation was too accurate to be credible. It would have been completely "do-able" for someone with connections and a lot of money to create the illusion of a funeral. After all, who was likely to challenge it personally, anyway?

He had the people in power on his side.
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Champion Jack Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 06:59 AM
Response to Reply #3
8. remember he was cremated the very next day!
no exam, nothing
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melm00se Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 07:10 AM
Response to Reply #3
9. who saw the body?
how about we start with the medical examiner:
http://www.aspenpitkin.com/uploads/autopsy%20lay.pdf

I am also confident that someone (probably several someones) saw his body at Aspen Valley Hospital (where he was pronounced dead) as well as those who transported the body to the hospital and the funeral home etc.

Just because those folks are not specifically named (publicly) does not mean that they don't exist.
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Rowdy Church Donating Member (53 posts) Send PM | Profile | Ignore Wed Apr-18-07 07:48 AM
Response to Reply #9
10. Got Some Land For Sale
:sarcasm:

Well, I have land for sale in Southern Florida that I would love to show you.

:sarcasm:
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boilinmad Donating Member (243 posts) Send PM | Profile | Ignore Wed Apr-18-07 08:04 AM
Response to Reply #9
12. And theres been no...
...forged documents coming from this administration, has there??? Shes got a helluva lot of nerve even THINKING of asking for the money....What a bunch of shit.
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lovuian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 01:57 PM
Response to Reply #9
18. He's not dead and laughing at us just like Olsen's wife who
was never on that Pentagon flight

Its all smoke and mirrors

if the newspapers say it then we must believe

Sorry its Ken's pay off
but just remember this Ken you will never be able to walk America known as Ken and you will always be left out there as a leftover problem that might be trouble for Bush

Bush's army is a bunch of immoral thieves and fools
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 08:46 AM
Response to Reply #3
14. Kenny boy is now Juan Hazmahaz living in Paraguay. nt
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 05:30 AM
Response to Original message
5. Take the money and meet the hubby in a faraway land?
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soothsayer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 06:34 AM
Response to Reply #5
6. Paraguay, to be precise.
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mithnanthy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 06:50 AM
Response to Original message
7. Is anyone watching or following this woman?
I hope we are monitoring her and her every move.
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AngryAmish Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 07:50 AM
Response to Original message
11. The law says it is hers
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juno jones Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 08:44 AM
Response to Original message
13. It ain't hers
It belongs to my mom and all the people the bastard ripped off. A lot of state retirement funds were tied into enron. Fuck the bitch. She can take her risks with pet food same as all of us... I will be so sad if she can't make ends meet :sarcasm:
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cliss Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 12:08 PM
Response to Original message
15. Is she still here?
I thought she left for Paraguay to be with Ken.

Well, maybe she's staying behind to take care of some business matters.
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Threedifferentones Donating Member (820 posts) Send PM | Profile | Ignore Wed Apr-18-07 12:17 PM
Response to Original message
16. Is she fucking kidding?
The money he illicitly made by fucking over multitudes of people is HERS? Man, I would love to smack her in the face...just once please oh please?
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 12:30 PM
Response to Original message
17. she's already getting what i assume was a huge life insurance payout so how much more does she need?
suck it up Mrs. Lay.
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Faux pas Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-18-07 05:37 PM
Response to Original message
19. Funny, I was just talking about this very thing the other day. Just
because he died doesn't make him not guilty. Ill gotten gains should have been seized from the family. F-em.
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