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A Closer Look (Lay: Indicted) #759946

ABC Evening News for Thursday, Jul 08, 2004
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(Washington: Ted Koppel) The charges against former Enron CEO Ken Lay, who has been indicted, outlined on screen.

(Houston: Mike von Fremd) The case against Lay examined. [At news conference, LAY - says he grieves over the loss of the company; states his worst mistake was trusting CFO Andrew Fastow.] [SEC's Linda THOMSEN††- says Lay was a participant in the fraud.]

(Washington: Ted Koppel) Report introduced.

(New York: Betsy Stark) The difficulties in the government's case against Lay outlined. [Lay attorney Michael RAMSEY††- says Lay had no idea about the depth of Enron's problem.] [Columbia University law professor John COFFEE††- notes Lay was still buying stock.] [Today, LAY - talks about selling his stock.] [ANALYST - notes Lay went down with the ship.]

Reporter(s):
Koppel, Ted;
von Fremd, Mike;
Stark, Betsy
Duration:
00:04:50

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