"Some company creditors are asking why another round of bonuses
is now needed when most, if not all, of Enron's remaining assets will
be auctioned within a few months, long before the February 2004
date to which the new retention plan binds workers.
"Enron has been a feast for professionals and insiders, but so far it
has done nothing but have a reduced promise for any meaningful
return for outside creditors," said David Bennett, a lawyer with
Thompson & Knight, which represents creditors of Enron North
America.
Bennett said the company has done nothing in its bankruptcy to
shed its reputation for corporate excess, and the new request is
suspect as a result."
chron.com
>>>>>>>>>>
>>>>>>>>>>>
TP, with Bush in the White House, Kenneth Lay free and Thomas White the head of Army,
a federal agency-- I wonder what White does there--I am not surprised that corporate excesses
and corruption are unnoticed. by the public. |
