Former Enron CEO Kenneth Lay was led in handcuffs into a federal courthouse in Houston, TX today, where he pled not guilty to 11 counts of fraud related to the collapse of the energy giant. Lay was later released on a half-million dollar bond. After his courtroom appearance, Lay held a press conference to defend himself.
John Coffee, a law professor at Columbia University who studies white collar crime, talks about the defense strategy Kenneth Lay will use against the charges filed against him.
Guests:
John Coffee, law professor at Columbia University













