Enron's Ken Lay Formerly Worth $400 Million Dollars, Now $650K...

New York Times   |  ALEXEI BARRIONUEVO and KURT EICHENWALD   |   February 25, 2006 11:57 PM

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For Kenneth L. Lay, it has been a true reversal of fortune -- and not just in the courtroom.

Once at the pinnacle of Houston's financial and political elite with a fortune worth as much as $400 million, Mr. Lay, the former chairman of the Enron Corporation, is now facing financial ruin.

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