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Non-Tech : The ENRON Scandal

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To: jttmab who wrote (1085)1/24/2002 12:56:34 PM
From: Mephisto  Read Replies (1) of 5185
 
"The wife of Texas Sen. Phil Gramm has declined to comment on the scores of shareholder and retiree lawsuits naming her as a defendant among other directors, managers and accountants.

Independent experts, though, note that the former government watchdog had a special watchdog role at Enron, too: As a member of Enron's audit committee, Dr. Gramm carried the burden of helping keep the company's books clean.

"This is not an honorary position that
doesn't require work," said corporate-governance
expert Curtis Verschoor"


http//www.dallasnews.com/business/stories/gramm_18bus.ART0.1fddc.html

..............................................

Sen. Phil Gramm has removed himself from the Enron
inquiry. I believe he is on the Banking committee. He
may be the chair. Also, he says he won't run for the
Senate again! I wonder why.......(LOL)
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