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Enron Chief Lay Resigns Amid Collapse Turmoil
Kenneth L. Lay steps down as chairman and chief executive of Enron Corp after the energy giant's collapse into bankruptcy. He cites ongoing investigations and the need to focus on restructuring for creditors and employees as Congress prepares hearings into Enron's accounting and document shredding by Arthur Andersen.
MENTIONED IN THIS ARTICLE
Houston
Kenneth L. Lay
Enron Corp
Lay
Congressional Committee
Enron
Congress
Arthur Anderson
Henry T.C. Hu
University of Texas
bin Laden
White House
Andersen
House Energy and Commerce Investigations Subcommittee
David Duncan