Ken Lay, ex-CEO of Enron, is dead

Ken Lay

Ken Lay, convicted ex-CEO of Enron, has died.

Lay, 64, was awaiting sentencing on multiple counts of fraud, conspiracy and bank fraud, when he died of a massive coronary in Aspen, Colorado.

In his book, Conspiracy of Fools: A True Story, two-time Pulitzer finalist author Kurt Eichenwald, chronicles the stunning rise and devastating fall of Enron under Ken Lay's leadership.

Last year's documentary, Enron, the Smartest Guys in the Room, directed by Alex Gibney, exposes in shocking video and audio tapes, the depth of the greed and corruption that was part of the upper echelon culture. This much-touted documentary, which was nominated for and/or won several awards, spells out in heartbreaking detail, the thousands of lives wrecked by Enron's collapse.