Kenneth Lay

Kenneth Lee Lay (April 15, 1942 - July 5, 2006) was an American businessman with a PhD in economics. He was president of the Enron Corporation, which closed for bankruptcy in 2001.

Lay sold large amounts of Enron stock between September and October 2001, while at the same time giving talks to his employees encouraging them to buy shares, explaining that the decline in the share price should be seen as an opportunity for growth. future.

On May 25, 2006, he was found guilty of fraud. On July 5, 2006, he died suddenly of a heart attack at his Colorado home while awaiting his jail sentence.