Wednesday, July 07, 2004


Yahoo! News - Sources: Lay Indicted in Enron's Collapse
HOUSTON - Kenneth Lay, the former Enron Corp. chief executive who insisted he knew nothing about financial fraud at the energy trading giant, has been indicted on criminal charges, sources told The Associated Press on Wednesday.

The action caps a three-year investigation that has already seen several other executives charged and, in some cases, already sentenced to prison for their roles in the company's scandalous collapse.

Lay was expected to surrender to federal authorities Thursday, said the sources who spoke on condition of anonymity.

Perhaps there is a God after all.