Screaming Penguin - Source Does Matter

Former Enron Corp. chairman and CEO Kenneth Lay has been indicted on criminal charges related to the energy company's collapse as a web of accounting schemes unraveled, sources close to the case told The Associated Press on Wednesday.

Lay, the company's founder, was expected to surrender to federal authorities Thursday, the sources said, speaking on condition of anonymity. Two sources said the indictment against Lay, 62, was expected to be unsealed upon or shortly after his surrender to the FBI.

NY Times