Enron

By: Associated Press
By: Associated Press

Kenneth Lay is pleading innocent to criminal charges stemming from Enron's implosion.

After surrendering to the FBI and being hustled handcuffed into the federal court, Lay told the judge, "Not guilty, your honor."

A federal indictment unsealed today adds the charges against Lay to charges already filed against former CEO Jeffrey Skilling and the former top Enron accountant.

Prosecutors also accuse Lay of helping a conspiracy to manipulate Enron's financial results, and making false or misleading public statements about the company's finances.

The judge set bond at a-half (m) million dollars.


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