A U.S. district judge granted Enron Corp. founder and former chief executive Kenneth Lay part of his request to sever his trial from two other former Enron execs, with the result that Lay will get two criminal trials, rather than the one speedy trial for which he had he hoped.
U.S. District Judge Sim Lake ruled this week that Lay, who had requested that he be tried separately from ex-CEO Jeffrey Skilling and former chief accounting officer Richard Causey, would be tried separately on four counts of bank fraud and lying to banks, according to published reports.
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