[Congressional Record Volume 150, Number 93 (Thursday, July 8, 2004)]
[House]
[Page H5335]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




           FORCING KEN LAY AND FRIENDS TO REPAY STOLEN FUNDS

  (Ms. WATSON asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. WATSON. Mr. Speaker, today is the first good day that Grandma 
Millie has had in a long time. Disgraced former Enron chairman Ken Lay 
has surrendered to the authorities. This is an important milestone. 
Many Americans, including myself, worried that Lay's close ties to 
President Bush would permit him to go free. I am heartened that it 
appears those fears have been proven wrong.
  But while Lay's arrest is an important step on the road to justice, 
justice will not be complete until the victims of Enron's crimes get 
back the money that Lay and his cronies stole from them. The full scale 
of Enron's greed is laid bare on recently released tapes, where Enron 
traders openly crow about stealing millions of dollars each day from 
Grandma Millie.
  What a shame. My congressional district in Los Angeles is full of 
Grandma Millies, hard-working homeowners who pay their bills on time 
and in full. They deserve better than this.
  I call upon all of us to join to force Ken Lay and his friends to 
repay the total amount of stolen money.

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