Awwwwww….
February 27th, 2006 | 
Author: Poor bastard is down to his last million. I feel soooo sorry for him.
NEW YORK (CNNMoney.com) – Former Enron Chairman and CEO Ken Lay has seen his personal fortune eaten away by the collapse of the energy trader and his legal problems, and he could be forced to file for bankruptcy protection, according to a published report.
The New York Times reported that Lay’s stated net worth is now less than $650,000, down from as much as $400 million before Enron’s downfall in 2001.
And the Times said that latest valuation is probably on the optimistic side. It includes an estimated $1.9 million held in a trust that the paper reports is almost sure to be consumed by legal fees.
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Posted in Idiots of Note
5 Responses to “Awwwwww….”
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Boo-effin’-hoo, indeed. But how does this make him a dumbshit?
Now HERE’S a dumbshit:
http://scrantontimes.com/site/news.cfm?newsid=16204152&BRD=2185&PAG=461&dept_id=415898&rfi=6
He’s a dumbshit because he threw away hundreds of millions, and the livelihoods and retirements of thousands of people, all for greed.
So a dumbshit ain’t necessarily dumb in your book, eh? Maybe it’s in your FAQ….
You don’t think he was a dumbshit?
Please note as well that not every post is about dumbshits; I include assholes and evil people as well.
I love the ‘horseplay” story, though.
He’s a dumbshit for not fleeing the country with his $400 mil. If he was going to steal and ruin lives, at least have something to show for it, otherwise, what was the point of all that? Dumbshit.