Don't you just love it! Enron goes running to Bush and his cronies...telling them that things aren't well in River City. Tells Bush and his cronies welllllll before they release the news to employees and shareholders ....all the while making sure that employees retirement accounts were locked up...but they were selling the heck out of their shares. Tell me how many companies in America first runs to the President of USA and tells him that they have been cooking the books...all the while asking for special favors so that they can keep their millions of dollars of ill-gotten profits...leaving their employees holding WORTHLESS stock.
"However, the White House revealed Thursday that Lay, last fall, contacted Treasury Secretary Paul O'Neill and Commerce Secretary Don Evans, formerly the chief executive of the oil and gas firm Tom Brown (TMBR: news, chart, profile) with concerns about the company's precarious state. Ari Fleischer, White House spokesman, said O'Neill and Evans decided against taking any action.
In addition, Attorney General John Ashcroft, who received $50,000 from Enron and Lay when he was running for the U.S. Senate in 2000, recused himself from the criminal case. Then, Enron outside auditor Andersen, which is under fire from lawmakers and the SEC, admitted Thursday that it had destroyed documents federal law enforcement officials wanted to see." |