Excerpt, NY Times


June 20, 2004
Sources: Enron's Lay May Soon Be Indicted

HOUSTON (AP) -- Kenneth Lay, Enron Corp.'s founder and former chairman, could be indicted on charges stemming from its 2001 collapse by the end of June, sources close to the case told The Associated Press on Saturday.

Two sources who spoke on condition of anonymity said federal prosecutors are aggressively pursuing Lay, and witnesses with information about him have recently testified before a special grand jury probing Enron's December 2001 collapse.

Barring any delays, federal prosecutors aim to ask the grand jury for an indictment before the Fourth of July, the sources said. The Houston Chronicle first reported the possible indictment in Saturday's editions, citing unidentified lawyers close to the case.

It was unclear what kinds of charges would be filed against Lay, a friend and contributor to President Bush........

June 21, 2004 (TAP) -- Just in time for the 2004 presidential campaign the New York Times will be coming out with a series of articles headlining Kenneth Lay's campaign contributions to and his friendship with President Bush.

In a related matter, the soon to be indicted Kenneth Lay, has asked that universities which have been recipients of his generosity cease using his name on buildings and fellowships.

"I'm ashamed of what I did at Enron," said Lay, whose name graces a professorship at the University of Missouri-Columbia. "But even I have my standards.

When I found out what happens in those university classrooms under the guise of so-called higher education, I called the development office and told them to get my name off that professorship."

Mr. Lay is not alone--college development offices are fielding collect calls from prison cells where formerly-wealthy donors now have time to ponder what colleges really teach.

"I've seen the stats and the stories," said an inmate at a minimum-security correctional institution. "Kids show up at these universities with high ideals and hopes, and four years later, they're a bunch of drunks and dopers, who have lost all sense of right and wrong.

Where do you think most of us crooked execs got our start? Most of us are college grads."

In the interests of full disclosure this report was prepared with the help of Assorted Press business reporter, Ken Uhearmenow who does not really resent college graduates. Ken dropped out of school at the 6th grade because he did not want embarrass his father just ahead of him in the 7th grade. (Ken also does cell phone commercials.)

Copied Right 2004 by the usual gang of idiots at the ASSORTED PRESS