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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth

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To: geode00 who wrote (3395)2/20/2004 9:17:39 PM
From: Brumar89  Read Replies (1) of 173976
 
If the Bush administration wanted to protect Ken Lay, they would have responded when former Treasury Secretary Rubin tried to enlist their help to save Enron from collapse:

Mr Rubin, the Treasury Secretary under former President Bill Clinton, is said to have called his old department on behalf of Enron as its financial problems became a crisis.
The Treasury Department says Mr Rubin contacted the Under Secretary for Domestic Finance, Peter Fisher, on 8 November – a month before Enron’s collapse.
Citigroup is one of Enron’s main creditors, and Mr Rubin is reported to have asked Mr Fisher about the possibility of pressing bond-rating agencies not to downgrade their estimate of Enron bonds to avoid a crisis of confidence in the energy group.
The Treasury Department says Mr Fisher opposed the idea.

news.bbc.co.uk
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