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November 18, 2004

Ken Lay's wife probed

Wife of Enron's Lay Investigated

HOUSTON (Reuters) - Federal prosecutors are investigating whether the wife of former Enron Corp. (ENRNQ.PK: Quote, Profile, Research) Chairman Kenneth Lay illegally sold shares in the company just before it went bankrupt, a lawyer for Lay said on Wednesday.

The Justice Department's Enron Task Force is investigating whether Linda Lay engaged in insider trading in the sale of 500,000 shares of Enron stock on Nov. 28, 2001, through the Lays' charitable foundation, lawyer Michael Ramsey said. [...]

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Comments

"Probed" - ooh sounds absolutely naughty! Well who better to have it happen to? I mean old Ken has the experience with his pornographic mind to get to the bottom of this and, if he's lucky, he'll get an opportunity to stick his nose in her 'bidness.'

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