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Politics : The Donkey's Inn
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To: Karen Lawrence who wrote (1609)1/3/2002 4:18:53 PM
From: Mephisto  Read Replies (1) of 15516
 
Congressional Enron Hearings

Bipartisan Hearings chaired by Lieberman will begin on Jan. 24.
Bipartisan Hearings chaired by Carl Levin ( D-Michan) will start on Jan. 24th as well.

I heard Mr. Levin on the radio. The committees will be bipartisan and ranking Republicans
will sit on committees, according to Levin.

Among other things, Levin's committee will look into the role of officers, Board of Directors,
Auditors and Arthur Anderseen. This committee will also look into Enron's limited partnerships
and offshore entities that were set up in the hundreds, according to Levin. Suponeas will be going out shortly.

I believe Kenneth Lay received $35,000.00 a year in compensation for his job.
There was also talk on the radio show how the Enron executives sold their stock
b4 Enron collapsed, and possible conflict of interest among executives, board members
and auditors who bought and sold stocks and options.
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