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Former Enron CEO Battles Lawyers During Final Testimony

Former Enron CEO Kenneth Lay faced off his prosecutors and his own defense lawyers during his sixth, and last, day testifying in his fraud and conspiracy trial. A reporter covering the trial discusses the events of the day.

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MARGARET WARNER:

Enron founder Kenneth Lay's testimony has provided some of the most riveting moments of the 14-week-long trial for him and co-defendant Jeffrey Skilling. Lay faces six counts of fraud and conspiracy. The government says he lied to investors about Enron's financial state before the energy giant collapsed in December 2001.

Lay was Enron's CEO for 16 years, interrupted by an eight-month hiatus when Skilling took over in early 2001. But Lay was back in the CEO's seat when the company imploded late that year.

Here to tell us about Lay's six days on the stand is Frank Ahrens of the Washington Post who's been at the courthouse in Houston covering the trial.