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Saturday, February 16, 2002

:: Lest you be tempted to think Kenneth Lay was really clueless
Sherron Watkins was almost as protective of Mr. Lay as his wife. Qui Bono is ever the right question to ask, however, when ascribing motive. That Lay Sold Shares for $100 Million, $20M sold in the three weeks after being informed by Ms Watkins of the improprieties, leads me to doubt that Mr. Lay was as clueless as he is being painted.

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