Enron Founder Kenneth Lay Dies Kenneth Lay, the founder of Enron Corp., will not go to jail for his role in the collapse of the Houston-based firm. He died today, apparently of a heart attack, at his vacation home in Colorado. Lay, who was 64, was awaiting sentencing and was expected to face a lengthy prison term for his fraud and conspiracy conviction. The feds were trying to get Lay and Enron ex-CEO Jeffrey Skilling to hand over nearly $183 million in ill-gotten gains. Question: Does Ken Lay's estate still have to fork over the money?

Enron Founder Kenneth Lay Dies

Kenneth Lay, the founder of Enron Corp., will not go to jail for his role in the collapse of the Houston-based firm. He died today, apparently of a heart attack, at his vacation home in Colorado. Lay, who was 64, was awaiting sentencing and was expected to face a lengthy prison term for his fraud and conspiracy conviction. The feds were trying to get Lay and Enron ex-CEO Jeffrey Skilling to hand over nearly $183 million in ill-gotten gains. Question: Does Ken Lay's estate still have to fork over the money?