Wednesday, October 18, 2006
One way to keep Uncle Sam's paws off your money
Yesterday, the judge in the Lay-Enron case vacated Lay's conviction because the law says that if you die you did not have the ability to appeal and, thus, use all of your rights. This means that the feds cannot get any of the $41,500,000 they were seeking from Lay's estate.
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1 comment:
Damned stupid law. It would make more sense in such circumstances for the appeal to be heard automatically, after all it would surely only be based on evidence already available? Ken Lay cheated a lot of people, and doubly cheated them by dying.
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