Word: laying
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...meet former Enron founder Ken Lay in an elevator he's a kind, cordial, grandfatherly guy. But under cross-examination this week in the Enron fraud and conspiracy trial, Lay appeared to be an angry, defiant, defensive man. It was the demeanor people had expected when co-defendant Jeff Skilling testified, not from Lay...
...Jurors swiveled their seats 45 degrees to the left so they could look directly at Lay as he testified about being "on the battlefront" in the final months of Enron before it collapsed under a pile of debt in 2001. Lay blamed Enron's collapse largely on his former CFO Andy Fastow and described a witchhunt to destroy the company led by Wall Street Journal reporters and short sellers...
...Then prosecutor John Hueston pointed out that Lay's son, Mark L. Lay, was a short seller himself in March 2001. Hueston, famous for having never lost a case, anticipated every answer Lay gave, and promptly displayed documents to rebut them. It was beautifully choreographed. When Lay disputed a statement from former Enron Treasurer Ben Glisan and grumbled that Glisan's story at trial was different from what he said in 2001, Hueston presented a newspaper article dated October 2001 in which Glisan gave an identical statement...
...Hueston essentially accused Lay of witness tampering, pointing out that Lay had called a witness nine days before he was scheduled to testify. The prosecutor argued that Lay was trying to make sure their two stories were consistent; Lay said he simply wanted to reconnect with the man and confirm facts. The exchange had a spooky, Big-Brother-is-watching quality, since Hueston knew about voice mails Lay had left and early-morning phone calls Lay had made to potential witnesses at home...
...favorite stock victims, the missing white woman. In that context, I almost welcome the constant updates from Durham. It not only brings a bit of parity to how we cover alleged victims of different races, it has also, obviously, spurred conversations about race, class and sex issues that may lay dormant but have never been fully resolved...