Maybe He's Not a Morning Person

Prosecutor John Hueston is hammering away at Kenneth L. Lay about the Enron founder's massive sales of company stock during the summer and fall of 2001. The prosecution contends that Lay dumped millions of dollars worth of stock when he knew the company was in trouble and did not disclose the sales to the public, information shareholders could have used in trying to decide what to do with their shares. As in, "Well, the CEO is dumping a bunch of stock. Maybe I should, too."

In response, Lay is starting to kick up his heels, sassing Hueston. He's trying to take back control of the courtroom from the prosecution. Usually, not an effective stratagem.

Some samplings from Lay's answers:

"Despite what you are trying to portray here, Mr. Hueston..."

"There is nothing inconsistent..."

"You make it sound like..."

"Again, you're trying to mislead the jury..." (Note: Never, EVER, tell a prosecutor what he or she is trying to do with the jury.)

"You're not arguing that I did not, are you?"

"The investors would know that. Maybe in fact you don't, but they would."

By Frank Ahrens |  April 27, 2006; 1:43 PM ET  | Category:  Dispatches
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Too funny.
Keep digging that hole for yourself even deeper, Kenny Boy. Juries just loooove petulant robber barons.

Posted by: Jay | April 27, 2006 02:40 PM

Wow! If Skilling and Lay react to government prosecutors like this, imagine how they once treated Enron employees and anyone that questioned their business activities.

Posted by: Gregory | April 27, 2006 02:54 PM

Lay is showing what he really is: an arrogant, very rich, bastard!

Posted by: E. Anne Fischer | April 27, 2006 07:03 PM

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