BREAKING: Former Enron CEO Ken Lay is dead.

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"BREAKING: Former Enron CEO Ken Lay is dead."

CNN reports, “Enron founder Ken Lay has died in Aspen, Colorado, a spokesman for Lay’s family said today. Lay was awaiting sentencing after being found guilty of conspiracy and fraud.”

UPDATE: KPRC in Houston reports Lay “died of a massive heart attack.”

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