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Non-Tech : The ENRON Scandal

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To: Mephisto who started this subject1/14/2002 2:56:08 PM
From: Bridge Player  Read Replies (1) of 5185
 
There is quite a gap in your chronology between 1989 and December 2000.

Perhaps this item, originally in Time Magazine and recently repeated in the Drudge Report, will help fill in part of the gap:

<<FLASHBACK: CLINTON OFFICIAL MET WITH ENRON CHAIRMAN; $100,000 CASH DONATION TO DEMOCRATS TIMED TO PLANT APPROVAL
TIME MAGAZINE
SEPTEMBER 1, 1997

On Nov. 22, 1995 President Clinton scrawled an FYI note to chief of staff Mack McLarty, enclosing a newspaper article on
Enron Corp. and the vicissitudes of its $3 billion power-plant project in India.

McLarty then reached out to Enron's chairman, Ken Lay, and over the next nine months closely monitored the project with the
U.S. ambassador to New Delhi, keeping Lay informed of the Administration's efforts, according to White House documents
reviewed by TIME magazine.

In June 1996, four days before India granted final approval to Enron's controversial $3 billion power-plant project,
Enron's gave $100,000 to President Clinton's party.

Enron denies that its gift was repayment for Clinton's attention, and White House special counsel Lanny Davis says McLarty
acted out of concern for a major U.S. investment overseas, TIME's Michael Weisskopf reported.

****

DRUDGE NOTE: McLarty was later hired by Enron. Lay also played golf with President Bill Clinton and slept in the Clinton
White House. A master of political manipulation of both parties, Lay served as an adviser to the Clinton White House on
energy issues. The Clinton administration, in turn, helped Enron get a contract for a gas pipeline in Mozambique and other
projects, according to reports. >>
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