Off to Valhalla
For ancient Norse Vikings (and perhaps current ones), Valhalla was the name of great god Odin's hall, the place where warriors went once slain in battle. (Klingons call it Sto-vo-kor, by the way.)
For Kenneth L. Lay, it's a place he probably wanted to avoid.
The prosecution will attempt to introduce some goings-on at Enron's Valhalla, N.Y., office in 1987. Auditors found problems with traders there -- the prosecution has called them a "rogue" trading operation -- and instead of firing the traders, Lay kept them on and tried to cover up their misdeeds, prosecutors charge.
The prosecution had unsuccessfully tried to introduce Valhalla earlier, but the defense effectively protested.
However, in Lay's testimony this week, he made broad statements about his past, saying he had never engaged in criminal activity.
The prosecution seized on this, and effectively said, Oh, yeah? What about Valhalla?
Today, the judge asked the defense team for its response on why he should not admit evidence about Valhalla.
By Frank Ahrens |
April 26, 2006; 2:12 PM ET
| Category:
Dispatches
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Posted by: Courtwatcher | April 27, 2006 01:39 PM
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He opened the door on his first and last days on the stand with his "I'm a perfect businessman and citizen" defense and I'm betting Valhalla goes in -- probably the last big item on the cross list.