Lay urged staff to talk up Enron and even suggested they tell family and friends to buy in. His upbeat message came just ...
In the fall of 2001, as Enron’s internal problems mounted and its stock price tumbled, Chair Kenneth Lay told employees the opposite of what was really going on. “The company is fundamentally sound,” ...
With this in mind, in the months leading up to Enron's collapse, Lay encouraged employees to buy stock and 'talk up' the idea ...
Lay was awaiting sentence on his conviction for fraud and conspiracy in the matter of Enron's collapse. A family spokesman confirmed to the media that the 64-year-old businessman had passed away ...
In the fall of 2001, as Enron’s internal problems mounted and its stock price tumbled, Chair Kenneth Lay told employees the opposite of what was really going on. “The company is fundamentally ...