Ken Lay's conviction has been vacated

[royalfan5]

Since he died, he wasn't not able to mount his appeals that he is entitled to by law, thus negating his conviction. Congress declined to end this loophole.
http://www.washingtonpost.com/wp-dyn/content/article/2006/10/17/AR2006101700808.html
This will make efforts to get money from his estate by those wronged by Lay more difficult.

[49r]

So who's fault is this? Republicans or Democrats? 'Cause we obviously need to blame someone here...

[mrowl]

(but, remember, hes not dead...)

[49r]

(but, remember, hes not dead...)

...and is that the Republicans fault? Or the Democrats?

:confused:

[Hatfield]

knee jerk reaction is that it sucks, but upon further consideration i think it is a necessary precaution.

feel horrible for all the people he screwed over

[OUHOMER]

I think if you are convicted it should stand if you die unless your lawyers, somebody else can show some type of evidence that would change the out come.

[yermom]

that sounds like a crappy law... you just assume he's innocent since he didn't get an appeal?

i don't quite see the logic in that

[Hatfield]

the logic is that he might have been determined innocent via appeal (which in some cases will be probable and others not) and thus his estate shouldn't bear teh weight of a potentially faulty judgment.

don't like it in this specific case, but understand the logic

[GrapevineSooner]

From a legal standpoint, it's sound reasoning.

From the standpoint of those who got screwed by the scandal, it sucks.

[n8v_ndn]

It was strange to be in Houston when the news broke that he died. Since he had given so much (misbegotten) money to local churches and whatnot, their take on it was 'it's a sad, sad day indeed'. Meanwhile, I'm thinking of the 2 families in Austin that pratically lost everything < 8 years before retirement.

To go from living in a $775k home to an apartment, while Mrs. Ley cries about the fact that they had to sell 2 of their 5 homes...:mad:

[TUSooner]

From a legal standpoint, it's sound reasoning.

From the standpoint of those who got screwed by the scandal, it sucks.
I'm not familiar with the precedent they mention. I've always understood that once you were convicted you were no longer presumed innocent. But I guess that's after 1 appeal.

[RUSH LIMBAUGH is my clone!]

One needs only to ask "what does Carl Rove have to say for himself about the mischievous death of Mr. Lay?"

[1stTimeCaller]

Stupid question here. Why does he need to be alive for the first appeal or the entire appeals process?

It's my understanding that the appeals process is more of a review of the documents and rulings and objections and such of the lower Court and that there is no need for Mr. Lay to be there. His attorney is the only one that shows up or mails the stuff.

[UNSeeN_]

This is B.S.! I feel bad for all the employees he screwed over. They had a moment to see justice served, but now it's like it never happened. Damm shame! They did say there could still be a civil trial. I hope every last penny of his riches goes to the employees he screwed over.