Results tagged “kenlay”

Good morning, Houston. At Houstonist world headquarters, our e-mail boxes are graced almost daily with offers from people who want to move millions of dollars to U.S. bank accounts and allow us to take a huge share of the money just for helping — eh, all in a day. But there's a new e-mail in the same vein floating around now: It comes from someone claiming to be Michelle Kristine Kraiser, the "the Confidential... more ›

Linda Lay, the widow of former Enron Chairman Ken Lay, has filed against the forfeiture of nearly $13 million in property and cash that the government says is tied to criminal activity. The court action was filed after the criminal charges against Ken Lay were dropped after his death last year. The authorities have said that the property is the "proceeds of the fraud proven in the criminal case against Lay." Lay's widow has asked... more ›

Good morning, Houston. It's been a long week, but fortunately, there's not much of it left. So to get things moving on toward Friday — and because we're still smarting over not knowing Texas had two Clear Lakes — we're jumping right into the news this morning. Go! >> Enron lawyers in hot water?: Two former Enron lawyers have been charged with civil violations of securities laws for — hang on to your hat... more ›

Remember how Ken Lay and Jeff Skilling's desks were being auctioned for charity on eBay? Well, when the auctions closed Saturday night, Skilling's desk had a new owner, but Lay's didn't: The high bid of $25,000 for the former Enron chairman's desk fell $1 short of the reserve price of $25,001, the Chronicle reports. Oh, the heartbreak of eBay! To refresh your memory, the two desks — identical, massive pieces of furniture designed by Gensler... more ›

You remember when the E-shaped signs that used to identify Enron's headquarters sold for tens of thousands of dollars at auction, right? Well, if you missed the chance to blow your retirement fund on a big, shiny E, here's another opportunity to own a piece of the ill-fated energy company: The desks that once belonged to Ken Lay and Jeff Skilling are up for sale on eBay. Lay's desk and Skilling's desk were custom-designed by... more ›

Remember former Enron CEO Jeff Skilling's unusual stroke of good luck when he learned Monday that he wouldn't be sent to jail as scheduled? Well, scratch that: A three-judge panel of the 5th Circuit Court of Appeals decided yesterday that Skilling should report immediately to jail after all. Sucks to be you, Jeff. more ›

Five months after former Enron CEO Jeff Skilling was found guilty of 19 counts of fraud, conspiracy and insider trading, Skilling will learn his fate at 1 p.m. today in the federal courthouse at 515 Rusk Ave. And the hearing is open to the public — so hey, if you're having a slow afternoon, why not swing by? more ›

A man was arrested today after a six-hour standoff at a southwest Houston convenience store The average price of a gallon of gas in Houston dropped to $2.02 this week, marking the 11th straight week of price drops Ronald Williams, a 19-year-old cadet at A&M, claims he's been the victim of racial harassment from fellow cadets Sen. Dianne Feinstein of California called on the Justice Department to appeal the decision to overturn ex-Enron Chairman Ken... more ›

So former Enron Chairman Ken Lay's criminal record is now clean, thanks to a ruling yesterday from U.S. District Judge Sim Lake that erased Lay's convictions on 10 counts of fraud and conspiracy in connection with Enron's collapse. Too bad Lay's not around to enjoy the freedom. In his ruling, Lake agreed with lawyers for Lay's estate who argued that the conviction should be erased and indictments against Lay dropped because of his death from... more ›

This summer, about two months after former Enron CEO Jeff Skilling was convicted of fraud, conspiracy, insider trading and lying to auditors in connection with the Enron collapse, U.S. District Judge Sim Lake denied Skilling's request to have his conviction overturned. But never say Skilling is a quitter: Now, he's again asking Lake to overturn his conviction, this time based on a federal appeals court ruling. The ruling in question had to do with some... more ›

Former Enron CFO Andy Fastow is scheduled to be sentenced this morning, and he might have some unwanted company at his hearing: U.S. District Judge Kenneth Hoyt has invited former Enron employees to attend and talk about how Enron's collapse affected their lives. Wonder if he'll learn any new words? more ›

Last month, ex-Enron chief Ken Lay's lawyers began making moves toward having Lay's conviction on charges of fraud and conspiracy vacated, and government prosecutors indicated they would put up a fight. Well, turns out the government wasn't just whistling Dixie: In a court filing yesterday, prosecutors asked U.S. District Judge Sim Lake to hold off on ruling about the vacation until Congress can consider changing the law. more ›

This just in: Houston might have inherited its crime problems of the past year from some hurricane evacuees This also just in: It's really hot outside! Meanwhile, HPD is rolling out a plan to rehire retired cops for part-time jobs to help make up for its staffing shortage Judge Sim Lake has ruled that it's OK for Ken Lay's lawyers to substitute Lay's estate for Lay himself in court proceedings, the first step to getting... more ›

Remember earlier this summer when Enron prosecutors said they would seek $183 million from former Enron execs Ken Lay and Jeff Skilling — money the government says is ill-gotten gains earned using fraud and conspiracy at Enron? And remember how Skilling complained about his $140 million share of that a few weeks later? Well, that might not have been such a good idea, it looks like: Since Lay is dead, the government has decided to ask Skilling to pony up the whole $183 million. Whoops! more ›

Ex-Enron chief Ken Lay's lawyers took the first step toward getting his conviction vacated yesterday, filing a request with U.S. District Sim Lake that would substitute Lay's estate for Lay, who died July 5. The request would allow the estate to act on Lay's behalf, which would in turn allow the estate to move to dismiss Lay's indictment on charges of fraud and conspiracy in connection with Enron's collapse. more ›

Ken Lay's will was filed yesterday, and it says his wife, Linda, gets everything. Though the document, which was signed Aug. 8, 2003, doesn't give any specifics about assets, it is clear on whose they now are — which should make probating the will simple if no one contests it. "Assuming the will is properly drafted, there's no need for witnesses to even prove it up," [Joellen Snow, a Houston estate attorney with Snow &... more ›

If you've been wondering what was going on inside Ken Lay's body — yeah, it's OK, you can admit it — here's your chance to find out: The results of the former Enron chief's autopsy are in, and you can download them. Is the Internet great or what? more ›

Though he's still taking things slow, ex-Mayor Bob Lanier is at home after spending three days at the Texas Heart Institute at St. Luke's. "He's feeling better. He's in excellent spirits. Got his good humor," Elyse Lanier told the Chronicle. "You know when somebody's still got their good sense of humor going that that's a good sign." The 81-year-old Lanier, you'll remember, collapsed at Ken Lay's memorial service downtown Wednesday, apparently because his implanted defibrillator... more ›

This has been a rough week for your -ist pals, though you wouldn't know it from the great posts all over the network. Plagued with server problems, our tech team (led by the great Neil Epstein) toiled around the clock to solve the glitches as they arose. Seriously, we've said, typed, and thought the phrase "server problems" more in the past week than we have for the last 35 years combined. Why not say it... more ›

More on ex-Mayor Bob Lanier's collapse yesterday at Ken Lay's memorial service: The Chronicle reports that Lanier's defibrillator likely saved his life. Mayorbob's heart apparently developed an erratic rhythm as he and Elyse approached their seats at First Methodist Church, which caused the defibrillator implanted in his chest to shock his heart, which in turn might have caused him to collapse (it's not clear whether the irregular heartbeat or the shock did it). more ›

More than a thousand of Ken Lay's friends and associates and local dignitaries attended Ken Lay's second memorial service yesterday at First Methodist Church downtown, remembering the human side of the former Enron chief. Among the speakers at the service was the Rev. Bill Lawson, who officiated at Lay's first memorial Sunday in Aspen, Colo. On Monday, Lawson compared Lay with John F. Kennedy, Martin Luther King Jr. and Jesus; yesterday, he paralleled Lay and... more ›

Former Mayor Bob Lanier is alert and stable this evening following his collapse at Ken Lay's memorial service Fort Bend police are looking for two 18-year-old boys in connection with the death of 16-year-old Ashton Glover; both of them were reportedly friends with the girl Three suspects stole a handful of motorcycles in a "smash-and-grab" robbery in north Harris County this morning, police say Police are investigating the second body found in Brays Bayou in... more ›

Bob Lanier was attending Ken Lay's private memorial service at First Methodist Church downtown when he collapsed this morning around 11 a.m., KHOU reports. The ex-mayor, 80, was rushed to the hospital after being administered oxygen by paramedics at the scene. more ›

Sure, today's the day between Ken Lay's dual memorial services, and we're still a least a couple of days away from Jeff Skilling beginning his legal wranglings. But that doesn't mean we have to be without Enron news: According to the Houston Press's new HouStoned blog, former Enroner Andy Fastow was seen trading in a coupon for free guitar strings yesterday. more ›

Thanks to the Chronicle's Shelby Hodge, we have an idea of what Ken Lay's first memorial service was like yesterday. The Lay family barred media from the Aspen, Colo., service, which we suppose is why the AP story was relatively short on details. But Hodge talked to some people who attended, and she got a pretty good idea of what went on. Nearly 200 people attended the service, at which the Rev. Bill Lawson of... more ›

Torontoist immediately wins our heart by using the word "Jackass" in a headline. In fact, we love their use of it so much that we're going to use it as much as possible throughout this post. For example, it looks like there are Toronto-area jackasses besides those who misuse the sidewalk: look at the crap on sale on Toronto's craigslist. But it looks like Toronto doesn't contain the kind of jackasses who pee in public... more ›

We guess that between Ken Lay's reputation in the wake of the Enron collapse, his conviction on fraud and conspiracy charges in May and his sudden death this week, conspiracy theories were inevitable — and there are plenty of them, apparently. Some people claim Lay killed himself, others say he was murdered and some believe he's still alive, particularly among the radio call-in set: more ›

Ex-Enron chairman Ken Lay's funeral arrangements have been made, but the state of his legal affairs remains up in the air — at least for now. more ›

As imperfect as it can be, we love Wikipedia, the DIY online encyclopedia. And part of the reason we love it is that it brings the practice of chronicling the world out in the open — history is being written in real time, as it were, rather than by a bunch of old guys in green celluloid visors at Encyclopaedia Britannica. Case in point: How Wikipedia reacted to yesterday's announcement that Ken Lay had gone to the big energy trading floor in the sky. more ›