I see that they have him handcuffed on his way to court. I'm relieved. This way, we can be sure that the former Enron ceo will not suddenly break and spin, whipping a gun out of his suit cuff, covering his tire-burning departure in his getaway limo.
But didn't he wait around for years as the government built its case, and now is surrendering? Why would he pull anything now, you might ask?
The government, of course, is just trying to shame the man, as a lesson to future corporate offenders. But for what? So far, he's innocent.
PS: Here is the Washington Post's discussion of Lay's "perp walk." The article points out that "[t]he government made sure everyone got a good, long look at Kenneth L. Lay in handcuffs yesterday morning" and that "[p]rosecutors traffic in image as well as evidence." But the article ends with this: "Prosecutors have to make the case that there is no other reasonable explanation for what he did other than an intent to defraud."
PPS: The indictment and related matters are well summarized byHouston's Clear Thinkers.
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