Enron founder facing life in jail for fraud dies, aged 64
Nicknamed “Kenny Boy” by US President George W Bush, Lay led Enron’s meteoric rise from a staid natural gas pipeline company, formed by a 1985 merger, to an energy and trading conglomerate that reached number seven on the Fortune 500, in 2000, and claimed more than $100 billion in annual revenues.
Lay died of a heart attack yesterday in Aspen, Colorado, his pastor in Houston said.
