Sunday, April 23, 2006
Ken Lay is expected to be the witness on the stand this morning in his trial along with co-defendant Jeff Skilling. And it is anticipated that he will be a very different witness than co-defendant Jeff Skilling. See NYTimes here, Washington Post here, Houston Chronicle here. The lessons from this witness may prove to be an education to all CEOs of what to say when your company has issues, when to take a position opposite your company with respect to the health of the company, and when to keep your mouth shut. Stay tuned.