U.S. Moves to Speed Lay’s Bank Fraud Trial
From Associated Press
Federal prosecutors moved to put Enron Corp. founder Kenneth L. Lay on trial by this summer for bank fraud charges.
In a court filing, prosecutors argued that it would be in the public interest for Lay to be tried soon on charges that he lied to banks about using loans to buy Enron stock on margin.
A sweeping conspiracy and fraud case against Lay, former Enron Chief Executive Jeffrey K. Skilling and former top accountant Richard A. Causey is scheduled for January.
