Now that photos have been posted — and the asking price has been chopped a full 7 percent — the whole world gets to peek inside the full-floor condo in The Huntingdon that belonged to Enron founder and CEO Ken Lay and his wife Linda. The buildout on the 33rd floor of Kirby Dr. Oh, but those degree skyline views of Houston! The 12,sq. How much further will it fall?
There's nothing left. Everything we had mostly was in Enron stock. Such sorrowful words have lately become all too common on television news reports. But the woman tearfully sharing her anguish on the ''Today'' program yesterday morning was Linda Lay, the wife of Kenneth L. Lay, who resigned last week as chief executive of the Enron Corporation.
For Skilling's testimony, Linda Lay sat in the far left corner of the in the spectator gallery's first row while Rebecca Skilling sat in center, directly in the witness chair's sight-line. Today, they've swapped seats. But it's not just their switching seats that's different.
Miz Lay—whose name, Your Mama has to confess, sounds to us like something out of a 2-dollar porno movie—is the widow of Ken Lay, one of the poster boys of corporate malfeasance and greed. Remember him puppies? Before there were Ponzi putzes like Bernie Madoff and R. As the CEO and chairman of the erstwhile energy juggernaut that was Enron, Mister Lay was one of the highest paid executives on the planet pulling down many millions every year. Quietly and as the Enron ship began to sink in the late s and early s, Mister Lay dumped vast amounts of his Enron stock while encouraging employees to keep on buying up shares because the company was going to rebound.