Satire: Enron's Ken Lay Claims Amnesia

In what many experts are calling a high-stakes legal strategy, former Enron CEO Ken Lay testified at his trial today that a coconut fell on his head while he was running the Texas energy company, causing amnesia that wiped out all memory of anything that happened during his tenure there.

While most trial watchers expected Lay's defense team to use inventive tactics to secure an acquittal for the embattled former CEO, few expected the coconut-falling-on-head explanation for Lay's claim that he was out of the loop during the entirety of Enron's multibillion-dollar fall from grace.

As the trial resumed this morning, Lay's defense attorney used a diagram, a pointer and a coconut itself to dramatize the incident in what legal experts are already calling "The Gilligan Defense."

"As you can see, a coconut that Lay kept on a high shelf of his office bookcase rolled off the shelf, landing squarely on his head, and causing total amnesia," Lay's attorney told a stunned courtroom.

Moments after the coconut landed on the former CEO's head, Lay claimed that Andrew Fastow, Enron's former chief financial officer, ran into Lay's office, concerned, and asked, "Are you all right, little buddy?"

But under cross examination, Lay's story appeared to fray somewhat, especially when the prosecutor asked, "If you had total amnesia, how could you remember that a coconut fell on your head?"

"Oops," Lay replied.

Elsewhere, President Bush expressed confidence about Iraq's future, and added that he thought that Brad Pitt and Jennifer Aniston would get back together.