PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: American Spirit who wrote (474896)	10/11/2003 10:21:57 PM
From: RON BL	Read Replies (1) of 769667

Moreover, the Clinton administration, "which lauded Chairman Kenneth L. Lay as an exemplary 'corporate citizen,' granted about $200 million worth of insurance against political risks for nine Enron projects in such politically volatile areas as Argentina, Venezuela and the Gaza Strip, according to documents the agencies provided to the Senate Finance Committee." The Reagan and Bush administrations approved not a single loan for Enron between 1985 and 1992 and provided insurance for only one Enron power project in Guatemala in 1992, he noted.

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