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Non-Tech : The ENRON Scandal

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To: opalapril who wrote (4011)5/14/2002 7:43:41 PM
From: Ron   of 5185
 
Enron came out pretty well for its campaign contribution money, according to the sage from Austin, Molly Ivins:
Here are a few of the things Enron got:

The 1992 decision to deregulate energy futures markets.

The Phil Gramm ($97,000 in contributions) legislation that exempted key
parts of Enron from government oversight.

The Bush administration's energy policy.

The Bush administration's decision to drop the effort to go after off-shore money laundering (Enron had more than 800 offshore accounts).

Enron executive Thomas White as secretary of the Army, where he promptly moved to privatize the Army's energy needs.

A weakened and underfunded Securities and Exchange Commission.

Energy deregulation in California and elsewhere, through bills largely written by energy lobbyists.
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