Wednesday, July 05, 2006

Big Oil & Gas lose one of their best

He worked at Exxon Mobil Corp. predecessor Humble Oil & Refining, became an executive at Florida Gas, then Transco Energy in Houston, and later became CEO of Houston Natural Gas. In 1985, HNG merged with InterNorth in Omaha, Neb. to form Enron, and he became chairman and CEO of the combined company the next year.

One of George W. Bush's biggest supporters and best of friends died today. Kenneth Lay was facing heavy jail time in October for his recent conviction for fraud.