Lay Could Wrap Up Testimony Tuesday

By: Associated Press
By: Associated Press

Enron founder Kenneth Lay is expected to wrap up his testimony today in his federal fraud and conspiracy trial in Houston.

After that, the defense is expected to call several character witnesses. They include Houston Astros owner Drayton McLane, The
Reverend Bill Lawson of Houston, Retired Admiral George E.R. Kinnear Junior, who was at the Pentagon more than 30 years ago, and former Houston Mayor Bob Lanier.

Prosecutor John Hueston yesterday sought to show that Lay ignored warnings of accounting impropriety and financial doom in the weeks before Enron's catastrophic collapse.

Lay said he was too busy to investigate the piles of warnings employees had submitted about accounting integrity.

Houston-based Enron filed for bankruptcy protection in December of 2001.

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