Death is better, a milder fate than tyranny. Aeschylus
By Shaheen Pasha, CNNMoney.com staff writer
July 5 2006: 6:39 PM EDT
NEW YORK (CNNMoney.com) -- Kenneth Lay, who rose from a poor preacher's son to become a millionaire before being convicted of corporate fraud, died early Wednesday in Aspen, Colo., a family spokeswoman said.
Lay, 64, was awaiting sentencing after being found guilty of conspiracy and fraud in the Enron trial in May.
In a statement, spokeswoman Kelly Kimberly said, "The Lays have a very large family with whom they need to communicate, and out of respect for the family we will release further details at a later time."
"Apparently, his heart simply gave out," said Lay's pastor, Dr. Steve Wende of Houston's First United Methodist Church. More>>>
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