Five months after the implosion of Enron, Feb. 12, 2002, the company’s chief executive, Ken Lay, finally stood in front of Congress and the world, and placed his hand on a Bible.
At that point everyone had questions for Lay. It was clear by then that Enron was the product of a spectacular ethical failure, that there had been massive cheating and lying. The real question was: How many people had been dishonest? Who was in on it?
Everyone wanted to know, and Lay, after his swearing in, said he badly wanted to explain things. There was just one problem: His lawyer insisted that he plead the Fifth.
And so the public got no answers that day. Lay placed his hand on the Bible, solemnly swore to tell the truth, then invoked the Fifth Amendment and went home.
Read the whole story: NPR
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