| ---"The Enron story is about the spectacular failure of the deregulation nightmare unleashed on us by President Ronald Reagan and resurrected by George W. Bush. Enron was a product of deregulated Texas under
then-Gov. Bush.The Enron story is about control of the government of the United States by the highest bidder. Ken Lay and Enron built Bush."
Message 17247815
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Friends in high places M
" When George W Bush arrived in the White House, it was hardly surprising
that he looked after Enron - the company had been looking after him for years. In the
final extract of his book, Robert Bryce describes how the firm
bought its way into Washington's corridors of power
Message 18338095
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-- California Energy Crisis:" why did energy companies think they could get away with it?
"One answer might be that the apparent malefactors are very big contributors to the Republican Party. Some analysts have suggested that energy companies felt free to manipulate markets because they believed they had bought protection from federal regulation - the conspiracy-minded point out that severe power shortages began just after the 2000 election, and ended when Democrats gained control of the Senate. " ----PAUL KRUGMAN
See: Message 18044180
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No Market Rebound Until Companies Come Clean
"The Bush administration's ability to restore confidence in the market is hobbled because its frontman on the issue has to be SEC Chairman Pitt, who since he took office has been labeled as the accounting industry's defense attorney."--Washington Post.
For full story see: Message 17616394
---Examine the Cheney-Enron links Enron CEO Ken Lay arranged to meet with Vice President Dick Cheney, who cleared his calendar for an April 17 private meeting with Lay regarding "energy policy matters" and "the energy crisis in California." At the meeting, Lay handed Cheney a memo that read in part: "The administration should reject any attempt to re-regulate wholesale power markets by adopting price caps."
The day after he met with Lay, Cheney gave a rare phone interview to the Los Angeles Times that had one
recurrent theme: Price caps were out of the question.Dismissing the strategy as "short-term political relief
for the politicians," Cheney bluntly declared, "I don't see that as a possibility."
See: Message 17340611
--- Bush recently released documents about Cheney Energy Task Force
The records made public Monday, under order of two federal judges, were
heavily edited (in fact, some were blank), and the Energy Department is still
withholding 2,600 documents totaling 15,000 pages. It's fair to surmise that
the most embarrassing records are still under wraps -- among them those
dealing with meetings between Mr. Cheney and Enron CEO Kenneth Lay."
opinion: Message 17260130
Documents Show Energy Official Met Only With Industry Leaders
Energy Secretary Spencer Abraham heard from more than 100 energy industry executives, trade association leaders and lobbyists, according to documents
released by the Energy Department. Mr. Abraham did not meet with any representatives of environmental organizations or consumer groups, the documents show. "
See: Message 17260370
THE SMOKING GUN: Bush-Lay Correspondence Reveals Close Relationship
thesmokinggun.com
1 Top G.O.P. Donors in Energy Industry Met Cheney Panel
"Eighteen of the energy industry's TOP 25 financial contributors to the REPUBLICAN Party advised
Vice President Dick Cheney's national energy task force last year, according to
interviews and election records." New York Times
Message 17136100
Message 17136107
2. Anadarko Petroleum was the 14th biggest donor to the Republican Party.
Cheney met with Anadarko. Also, Lynne Cheney received Anadarko
stock worth stock worth $250,000 to $500,000, when Anadarko merged with Union Pacific. See New York Times article, Page 2 at Message 17136107 AND
WPost story at Message 17132416
3. BUSH Refuses to tell Senators the names of his and CHENEYs contacts in Energy Industry January 23, 2002.
"The senators, including Joseph Lieberman of Connecticut and Carl Levin of Michigan, are spearheading the Senate probe of energy trading company Enron. They said the GAO should press its long-standing requests for White House contacts with the energy industry."
Message 16951884
GAO will suehttp://www.siliconinvestor.com/readmsg.aspx?msgid=16992701
Enron Memohttp://www.siliconinvestor.com/readmsg.aspx?msgid=16992720
Cheney, Aides Met With Enron 6 Times in 2001
Message 16886193 from Washington Post
4. The Bushies, White House and Lay Friendship
Message 16901215
Message 16992253
Message 17010648
--Bush, Enron Chief: A Long Alliance See:
Message 17011236
-- Documents obtained by Public Citizen on Friday suggest as governor of Texas, President Bush helped promote Enron Corp.s foreign and domestic business agenda on behalf of company CEO Kenneth Lay.
Message 17076503
"Here's a letter from Kenny Boy to then Governor George planning the Central Asian pipeline. This was all part of the Taliban deal." prorev.com
See: SI post at Message 17083752
-- October 1997, George W. Bush placed a call to his friend Tom Ridge, the Republican
governor of Pennsylvania, to vouch for the Enron Corporation See:
Message 16901358
---Bye! Bye!! Hibert. Lay prefers Wood as top Energy Regulator in Washington
See: Message 16901431
(LAY LETTER LINKED TO WOOD See:
Message 17041423
(LAY WAS W's LARGEST CONTRIBUTOR. THREE OUT OF EVERY FOUR DOLLARS WENT TO REPUBLICANS. See: Message 17041439
AND "newly elected RNC Chairman Marc Racicot spent almost his entire
first news conference explaining what he had done as an Enron lobbyist.
Message 16956669
--- RALPH REED offers to help for $380,000
Message 17079291
---Karl Rove, PresidentBush's top political adviser, recommended the Republican
strategist RALPH REED to the Enron Corporation
Message 17079431
ucomics.com
5.. What did the White House Know?
BUSH DID TRY TO SAVE ENRON
See: Message 17619654
LAY PHONES O'NEILL AND EVANS
See: Message 16908929
6..Ashcroft [Excused] Himself From Enron Case
Message 16892288
7. How Will the Public Perceive Auditors, Accountants and Stocks
opinion:http://www.siliconinvestor.com/readmsg.aspx?msgid=16990876
opinion:http://www.siliconinvestor.com/readmsg.aspx?msgid=16985047
Message 17003293
8.. Enron: The plain person's guide
see: Message 16987665.
9. Enron Spawns a New Lexicon
Message 17011421
10. Chronology of Enron Corp.
Thursday January 10 5:46 PM ET
By The Associated Press,
A chronology of Enron Corp.:
July 1985 - Houston Natural Gas
merges with InterNorth, a natural
gas company based in Omaha,
Neb., to form the modern-day
Enron, an interstate and intrastate
natural gas pipeline company with
37,000 miles of pipe.
1989 - Enron begins trading natural gas commodities.
Over the years, the company becomes the largest natural
gas merchant in North America and the United Kingdom.
December 2000 - Enron announces that president and
chief operating officer Jeffrey Skilling will take over as
chief executive in February. Kenneth Lay will remain as
chairman. Shares hit 52-week high of $84.87 on Dec. 28.
August 2001 - Skilling resigns after running the company for just six months;
Lay becomes CEO again.
Oct. 15 - Lay talks to Commerce Secretary Don Evans while Evans is in Russia
leading a trade mission. Commerce officials say the call dealt with an Enron
energy project in India and did not cover Enron's financial troubles.
Oct. 16 - Enron reports a $638 million third-quarter loss and discloses a $1.2
billion reduction in shareholder equity, partly related to partnerships run by
chief financial officer Andrew Fastow.
Oct. 22 - Enron acknowledges Securities and Exchange Commission inquiry into a possible conflict of interest related to the company's
dealings with the partnerships.
Oct. 24 - Enron ousts Fastow.
****** Oct. 28 - Lay talks by telephone with Treasury Secretary Paul O'Neill to
inform O'Neill of the financial problems facing the company, according to
O'Neill spokeswoman Michele Davis. Davis said the two also talked on Nov. 8.
She said Treasury officials could detect no ripple effects in financial markets
from Enron's troubles and O'Neill did nothing to help the company.
Oct. 29 - Lay talks by telephone with Evans. A Commerce spokesman says Lay
asked Evans if he could do anything to influence a decision by Moody's
Investors Service to downgrade Enron's credit rating. Evans, after talking to
the general counsel at the Commerce Department ,
determines it would not be appropriate to intervene in a decision by a private
credit rating agency, according to Commerce spokesman Jim Dyke.
Oct. 31 - Enron announces the SEC inquiry has been upgraded to a formal
investigation.
Nov. 8 - Enron files documents with SEC revising its financial statements for
past five years to account for $586 million in losses.
Nov. 9 - Dynegy Inc. announces an agreement to buy its much larger rival
Enron for more than $8 billion in stock.
Nov. 19 - Enron restates its third-quarter earnings and discloses it is trying to
restructure a $690 million obligation that could come due Nov. 27.
Nov. 20 - Concerns about Enron's ability to weather its spiraling financial
problems send the company's stock down nearly 23 percent to its lowest level
in nearly 10 years.
Nov. 21 - Enron reaches agreement to extend $690 million debt payment.
Nov. 26 - Enron shares fall 15 percent, to $4.01.
Nov. 28 - Dynegy backs out of deal after Enron's credit rating is downgraded
to junk bond status. Enron shares plunge below $1 amid the heaviest
single-day trading volume ever for a NYSE or Nasdaq-listed stock.
Dec. 2 - Enron files for Chapter 11 bankruptcy protection; sues Dynegy for
wrongful termination of merger.
Jan. 10, 2002 - Justice Department confirms it has begun a
criminal investigation of Enron Corp. Company's auditor, Arthur Andersen
LLP, says it destroyed some Enron documents.
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