Per aspera ~ Quote of the day

Quote of the day

Published 6:29PM, Wednesday, 07/05/2006 in The Clown Show

The functioning portion of Ken Lay’s heart failed this morning at his vacation home in Colorado.

You know he knows people who can get their hands on that poison that causes a death indistinguishable from a heart attack, which you always read about in the finest spy novels. Think he got the hookup to avoid the shame of prison?

My friend A. is always imagining life as though it’s James Clavell’s Shogun, and in this case I totally have an image of Cheney and Bush sitting around the White House all impassive, sipping — I don’t know, not sake, let’s say scotch — with one of them saying to the other, “It was a good death.”

5 Responses to “Quote of the day”

Feed for this Entry Trackback Address

1 Nicole Jul 5th, 2006 at 8:28 pm

Umm Alias! That happened on Alias. And I agree that it was poisoning to avoid prison. It’s a little too well-timed.
2 Ananth Jul 5th, 2006 at 9:32 pm

Either way, isn’t that justice served?
3 Steve Jul 6th, 2006 at 3:10 am

Either way, isnâ€™t that justice served?

One squalid death in Colorado? I’m not sure. Either way, those people aren’t ever getting their pensions.

If it wasn’t Ken Lay fucking people over in the deregulation free-for-all, it would have been someone else, y’know? So he was convicted, and now he’s dead, and nothing changes.

If justice ever comes, and I have no idea what it could look like if it does, I don’t think it would be as simple as this.
4 Ananth Jul 6th, 2006 at 10:10 am

Well I meant justice is served on this one particular person. As for Lay f’ing people over in a deregulation free fall…

The deregulation that ended up screwing over everyone wasn’t really energy deregulation (that screwed some people in California) it was the deregulation of the accounting firms, allowing them to be consultants and auditors which caused the problem.

What Enron did, was to sell energy rights between divisions, thus raising revenues with out raising profits. This was done in the exuberance of the 90’s where only revenue mattered to the Stock Market, and not profit. This coupled with purchases of subidaries that had cash payment triggered on Stock Prices falling below a certain price caused to the stock to plummet when it the stock market ‘adjustment’ happened. An independent accounting firm would have said that this was not a common accounting practice and stopped it early.

As for the people who worked there, where they really got screwed was in the the fact that people higher up the chain got to divest themselves of the Stock when it was high, while the workers could not. However, they all were benefiting from the shadiness when their pensions and 401ks were having 300% returns.