SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: marginmike who wrote (153471)2/26/2002 3:44:10 PM
From: eddieww  Read Replies (1) of 436258
 
Unfortunately, the clueless congresswoman is my senator, Barbara Boxer. You have no idea how embarrassing that is since I'm registered in her party.

Enron handed out a lot of paychecks to these venal politicos, but when one started in on Skilling about setting up offshore tax shelters he should have reminded the congressman that in spite of those "contributions", Skilling's fiduciary responsibility is to Enron shareholders and not to the congressman. The congress is the one who has a fiduciary responsibility to taxpayers, and they are the ones who pass the laws allowing these offshore tax shelters.

Certainly, the quality of the questioning was very poor. I expect the senators to be morons, but I would have hoped they would have better staff.

I suspect that if all the skeins of yarn are eventually unraveled it will be found that no laws were broken. I find that prospect particularly scary.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News