Free Shipping on All Orders 1-866-764-1801

Vist our Online Store
+ Reply to Thread
Results 1 to 30 of 30

Thread: Ken Lay Dies

  1. #1

    Member Sales Rating: (2)

    Join Date
    May 2003
    Location
    Sconnie
    Posts
    11,808

    Default Ken Lay Dies

    Of a heart attack. What an escape...

  2. #2

    Member Sales Rating: (6)

    Join Date
    Feb 2002
    Location
    Rockledge, Florida
    Posts
    11,588

    Default

    Maybe from being Pork to much behind bars.

    Speakers
    Carver Amazing Fronts
    CS400i Center
    RT800i's Rears
    Sub Paradigm Servo 15

    Electronics
    Conrad Johnson PV-5 pre-amp
    Parasound Halo A23
    Pioneer 84TXSi AVR
    Pioneer 79Avi DVD
    Sony CX400 CD changer
    Panasonic 42-PX60U Plasma
    WMC Win7 32bit HD DVR



  3. #3

    Member Sales Rating: (2)

    Join Date
    May 2003
    Location
    Sconnie
    Posts
    11,808

    Default

    He died in his home. He wasn't in the poke yet. I'm sure he killed himself with the stress and guilt, but I wouldn't pass off a tin foil hat theory with this guys death being a little convenient.

  4. #4

    Member Sales Rating: (6)

    Join Date
    Feb 2002
    Location
    Rockledge, Florida
    Posts
    11,588

    Default

    Sorry I wasn't up to date on this story. I do agree in quote "What an Escape" ;)

    Speakers
    Carver Amazing Fronts
    CS400i Center
    RT800i's Rears
    Sub Paradigm Servo 15

    Electronics
    Conrad Johnson PV-5 pre-amp
    Parasound Halo A23
    Pioneer 84TXSi AVR
    Pioneer 79Avi DVD
    Sony CX400 CD changer
    Panasonic 42-PX60U Plasma
    WMC Win7 32bit HD DVR



  5. #5

    Member Sales Rating: (2)

    Join Date
    Jun 2004
    Location
    New England
    Posts
    7,981

    Default

    http://news.yahoo.com/s/nm/20060705/...enron_lay_dc_6

    Jeez Louise!

    Do you think it is so, or is he pulling a Jim Morrison?
    all the best,
    mrh

  6. #6

    Member Sales Rating: (6)

    Join Date
    Oct 2005
    Location
    Kansas City
    Posts
    3,568

    Default

    He ain't dead... new identity, new life. Money can do miracles.
    Honoured to be, an original SOPA founding member
    Stuff...

    RTi12's - front
    CSi5 - center
    FXi3's - surrounds
    RTi4's - surrounds
    SVS PB12-NSD/2 - sub :D :D :D
    Denon 3805
    Rotel RB-985 5-Channel Amplifier
    Samsung 3600 BluRay Player


    Life is Good!

  7. #7

    Member Sales Rating: (2)

    Join Date
    Jun 2002
    Location
    Yellowknife, NT
    Posts
    6,113

    Default

    Quote Originally Posted by MrNightly
    He ain't dead... new identity, new life. Money can do miracles.
    I agree.
    Michael ;)
    In the beginning, all knowledge was new!

    NORTH of 60

  8. #8

    Member Sales Rating: (2)

    Join Date
    May 2003
    Location
    Sconnie
    Posts
    11,808

    Default

    He's definitely dead. It's just silly to assume otherwise. I would only question the means of his death. The 'people' that brought the trial against him have money too, and the most affected party will make sure he's dead.

    Think his partener is going to sit in jail over a crime while Ken Lay gets to fake his death?

  9. #9

    Member Sales Rating: (6)

    Join Date
    Sep 2001
    Location
    Denver
    Posts
    1,073

    Default

    I agree that he got off way too easy. F-ing dying in his house in Aspen. That guy deserved time in a 'Federal Pound Me In the Ass Prison.'
    "I got into the music business thinking it was really radical, that it wasn't really a business at all, that it was a lot of people being artistic and creative. Not true, and it made me very depressed."

    Thom Yorke of Radiohead

    SOPA. Bow down before me, bitches. Want a cookie?


    Polk Audio LSi15
    Polk Audio LSiC
    Polk Audio FXi30
    Samsung LN-T4061F 40" 1080P LCD HDTV
    Sony Playstation 3
    Outlaw Model 990 Pre/Pro
    Rotel 985 MK II
    Rotel 1072 CDP
    Soundstage Vacuum II tube pre

  10. #10

    Member Sales Rating: (55)

    Join Date
    Jul 2001
    Location
    Exit 5 on the Jersey Turnpike
    Posts
    11,966

    Default

    Probably an awful lot of folks that would like to see him revived, just so they can kill him. Then have the remains dragged through the streets of Houston.

    Skilling looks to me like he's got wings. He's gonna go on the lam.

  11. #11

    Member Sales Rating: (17)

    Join Date
    Oct 2002
    Location
    North Victoria Gardens, Altacucawanda, California
    Posts
    6,802

    Default

    Quote Originally Posted by wodom1
    I agree that he got off way too easy. F-ing dying in his house in Aspen. That guy deserved time in a 'Federal Pound Me In the Ass Prison.'
    His death has deprived Bubba from getting a fresh meat. How cruel.
    I am sorry, I have no opinion on the matter. I am sure you do. So, don't mind me, I just want to talk audio and pie.

  12. #12

    Member Sales Rating: (0)

    Join Date
    May 2002
    Location
    Austin, Texas
    Posts
    2,416

    Default

    haven't followed the story...

    Do the families of these two guys get to keep all the money?

  13. #13
    Registered User
    Member Sales Rating: (1)

    Join Date
    Jun 2004
    Posts
    4,500

    Default

    what a crock.

    The rotten bastard got off light if you ask me.

  14. #14

    Member Sales Rating: (2)

    Join Date
    Mar 2006
    Location
    Morrisville NC
    Posts
    4,889

    Default

    Quote Originally Posted by wodom1
    I agree that he got off way too easy. F-ing dying in his house in Aspen. That guy deserved time in a 'Federal Pound Me In the Ass Prison.'

    I agreee and love the office space refrence :D

  15. #15

    Member Sales Rating: (1)

    Join Date
    Jan 2006
    Location
    Snohomish, WA
    Posts
    432

    Default

    Quote Originally Posted by PhantomOG
    haven't followed the story...

    Do the families of these two guys get to keep all the money?
    Uncertain. But for sure estate lawyers are going to come into the mix. More lawyers, less money for everyone else.
    Signature goes here

  16. #16

    Member Sales Rating: (14)

    Join Date
    Jun 2004
    Location
    Live Free or Die
    Posts
    10,965

    Default

    "He that dies pays all debts" -Shakespeare

    If you believe in an afterlife, he's getting what's coming to him, and if not, he's freakin gone, so just let it go.
    Last edited by bobman1235; 07-05-2006 at 05:40 PM.
    If you will it, dude, it is no dream.

  17. #17

    Member Sales Rating: (1)

    Join Date
    Nov 2005
    Location
    Roseville, MN
    Posts
    856

    Default

    Quote Originally Posted by PhantomOG
    haven't followed the story...

    Do the families of these two guys get to keep all the money?
    As for Lay, 2 years before all the crap started coming down, he and his wife took $4 million and invested in variable annuities. Starting in 2007, they will make 900,000/year...all the while telling other employees of Enron to NOT do that and keep investing in Enron

    Here's the kicker, in Texas those investments can NOT be touched by bankruptcies, feds...etc.....

    yep...protected by federal law..

    What a country..

    Rot in hell, bich

  18. #18

    Member Sales Rating: (2)

    Join Date
    May 2003
    Location
    Sconnie
    Posts
    11,808

    Default

    I have trouble feeling sorry for people that put their entire life savings into one company. The ones I feel sorry for are those who had more to lose from an economic standpoint and got swindled. They always tell you to divirsify no matter how sweet the deal.

    Greed was a 2 way street with both Ken Lay, Skilling, and their stock holders and employees. That often gets overlooked. You're not going to get the shaft if you don't play the game, and fooling with stocks is gambling, no matter how hot they were cooking those books.

  19. #19

    Member Sales Rating: (1)

    Join Date
    Jan 2006
    Location
    Snohomish, WA
    Posts
    432

    Default

    Quote Originally Posted by Demiurge
    Greed was a 2 way street with both Ken Lay, Skilling, and their stock holders and employees. That often gets overlooked. You're not going to get the shaft if you don't play the game, and fooling with stocks is gambling, no matter how hot they were cooking those books.

    I will only make one statement here. Diversification is key. However, the Enron 401K matching funds from the company could only be invested in ENE, EOG, or EOTT ( all enron companies). If you were with the company for any length of time, that money could be significant.

    Also, the 401K was locked for "administrative purposes" on the fall of 2001. The price of ENE was ~$30 at the start of the lock and $10 when unlocked. You couldn't sell your ENE out of your 401K at that point if you wanted to.

    Lastly, Lay was convicted of lying to investors and employees, the information we were getting from the Enron Executives deviated vastly from the truth. It slowly became apparent in 2001 what was happening.

    I wasn't hurt too badly, I kept my job until my company was sold by Enron to someone else. I lost some money in my 401K, but not all. I was not in Houston, so I didn't have to go through the day when they put almost everyone out on the street. But I feel for the people who do get hurt badly.

    Scott

    ex Enron employee 1996-2002
    Last edited by seo; 07-05-2006 at 06:07 PM.
    Signature goes here

  20. #20

    Member Sales Rating: (17)

    Join Date
    Apr 2005
    Posts
    7,626

    Default

    I just hope he remembers me in his "Off-Shore" will.
    "SOME PEOPLE CALL ME MAURICE,
    CAUSE I SPEAK OF THE POMPITIOUS OF LOVE"

  21. #21

    Member Sales Rating: (0)

    Join Date
    Jun 2006
    Posts
    31

    Default

    When Dr. Death calls, even money can't help...even rich dogs have their day.

  22. #22

    Member Sales Rating: (1)

    Join Date
    Jul 2002
    Location
    Salt Lake City, UT
    Posts
    8,008

    Default

    Cause of Heart Attack: Scared ****less
    .
    comment comment comment comment. bitchy.
    .
    http://img122.imageshack.us/img122/7995/meterdq8.gif

  23. #23

    Member Sales Rating: (1)

    Join Date
    Nov 2005
    Location
    Roseville, MN
    Posts
    856

    Default

    Quote Originally Posted by Demiurge
    I have trouble feeling sorry for people that put their entire life savings into one company. The ones I feel sorry for are those who had more to lose from an economic standpoint and got swindled. They always tell you to divirsify no matter how sweet the deal.

    Greed was a 2 way street with both Ken Lay, Skilling, and their stock holders and employees. That often gets overlooked. You're not going to get the shaft if you don't play the game, and fooling with stocks is gambling, no matter how hot they were cooking those books.
    ummmm..ok

    that's like saying a woman who gets raped was asking for it because she was wearing a low-cut shirt..

  24. #24

    Member Sales Rating: (2)

    Join Date
    May 2003
    Location
    Sconnie
    Posts
    11,808

    Default

    Quote Originally Posted by krabby5
    ummmm..ok

    that's like saying a woman who gets raped was asking for it because she was wearing a low-cut shirt..
    Financial greed is now akin to rape. Goodnight, everybody!

    You act as if the greed with Enron was just 2 guys.

  25. #25

    Member Sales Rating: (7)

    Join Date
    Jul 2001
    Location
    lookin' for fava beans and a nice chianti
    Posts
    12,608

    Default

    Quote Originally Posted by Demiurge
    Financial greed is now akin to rape. Goodnight, everybody!

    You act as if the greed with Enron was just 2 guys.
    No, in both cases the victim was hosed through no fault of thier own. Investors had no way to know what was going on with Enron. That's different than investing in a known high risk investment. If it's all there in black and white, you invest and you lose...sure, that's the way it goes. This was a different scenario.

    Investing is not the same as gambling. Not even close.

    BDT
    I plan for the future. - F1Nut

  26. #26

    Member Sales Rating: (2)

    Join Date
    May 2003
    Location
    Sconnie
    Posts
    11,808

    Default

    Quote Originally Posted by TroyD
    No, in both cases the victim was hosed through no fault of thier own. Investors had no way to know what was going on with Enron. That's different than investing in a known high risk investment. If it's all there in black and white, you invest and you lose...sure, that's the way it goes. This was a different scenario.

    Investing is not the same as gambling. Not even close.

    BDT
    No, they weren't all hosed of their life savings, Troy, but what's a news story without the most dramatic scenario? Everyone that worked for Enron was hosed of some money, and others were made rich along the way, and it wasn't just the fat cats at the top. It just takes one person to misinterpret comments that were made, but if you want to focus on one line, go ahead.

    As I said in my original statement, I feel sorry for the people who had a lot to lose and got sucked into it. I don't feel sorry for the greedy people who knew better than to invest everything into that company. You don't max out your percentages in your 401(k) if it's not well diversified. If you don't know that, I don't know what else to say. That's why playing the market is like gambling when you keep all of your eggs in one basket. Their greed cost them plain and simple.

    If you don't think the stock market is like gambling I guess you haven't lost money. You don't invest what you can't afford to lose, and that's a fact, Jack. If winning was guaranteed everyone who played (key word, winners and losers) the market would be rich.

    You want to draw a parallel from those comments as if I'm saying it exonerates what Ken Lay and Skilling did -- that's your problem. I'm just saying the greed in that company didn't rest on the shoulder of 2 men, not in the least, and you're naive if you think these 2 getting sent up was the full order of justice. They just got the 2 fattest pigs.

  27. #27

    Member Sales Rating: (7)

    Join Date
    Jul 2001
    Location
    lookin' for fava beans and a nice chianti
    Posts
    12,608

    Default

    *sigh*.....the world according to Demiurge.

    Ok, what I'm saying is that the analogy of a woman being raped and folks who were fleeced by Enron were both hosed through no fault of thier own.

    WHO, other than a select few, COULD have known how bad of a risk Enron was? On paper, from everything I've read there was no reason to doubt the safety and security of Enron.

    How do you know what the hell I've done or not done with my money? Just who are you? If you don't see the difference between gambling and investing, well, there isn't much I can do. We see things differently, I may not agree with your opinion, but I do respect it (a concept with which you seem to struggle).

    BDT
    I plan for the future. - F1Nut

  28. #28

    Member Sales Rating: (2)

    Join Date
    May 2003
    Location
    Sconnie
    Posts
    11,808

    Default

    Quote Originally Posted by TroyD
    *sigh*.....the world according to Demiurge.

    Ok, what I'm saying is that the analogy of a woman being raped and folks who were fleeced by Enron were both hosed through no fault of thier own.

    WHO, other than a select few, COULD have known how bad of a risk Enron was? On paper, from everything I've read there was no reason to doubt the safety and security of Enron.

    How do you know what the hell I've done or not done with my money? Just who are you? If you don't see the difference between gambling and investing, well, there isn't much I can do. We see things differently, I may not agree with your opinion, but I do respect it (a concept with which you seem to struggle).

    BDT
    I know I convey my opinions strongly. It's nothing personal.

    A lot of people got royally screwed, no doubt, and it was because of those that lied to the employees, general stock holding public, etc. I'm not arguing with you there at all. I'm saying that Skilling and Lay weren't the only greedy people in the room, and their risk got them. They still got screwed. I'm just not anguishing over the greedy ones as much as the ones that didn't know any better, and who would? I'd have been better off not saying anything, but then you have those talking about

    You just can't put all your eggs in one basket, and that's where the risk always is unless you have stocks dropping all across the board.

    I've got know idea what you've done in the stock market, but it is a gamble. Just like when you go to Vegas some games are more of a risk than others. The same 5 people don't get to the same table for the Poker Championship each year because they're the luckiest people in the world. It's a skill, and so is playing the market. If you're a mark you're going to get burned.

  29. #29

    Member Sales Rating: (0)

    Join Date
    Jul 2001
    Location
    No longer Castro Valley, California
    Posts
    5,033

  30. #30

    Member Sales Rating: (4)

    Join Date
    May 2003
    Location
    Southern New Jersey, the clean part, where all the manure is...
    Posts
    5,190

    Default

    Hold on a minute..

    First off, I hope the rotten c@cks#cker rots in hell for all eternity with a million dead Arab martyrs mistaking his ass for a vestile virgin.

    #2 - I'm not even going to start about the scandal. Corporate America at it's finest...

    #3 - federally protected investments my ass. His wife should be in a f#ckin trailer, eating off paper plates and drinking from styrofoam. Screw that...

    Just my cheery thoughts...
    I smell ass, burning ass, glowing cherry red spanked ass.

    RT1

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

     

Similar Threads

  1. Replies: 1
    Last Post: 02-04-2006, 03:22 PM
  2. Ken... RT f/x
    By amulford in forum Troubleshooting
    Replies: 3
    Last Post: 06-08-2004, 03:36 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts