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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: gao seng who wrote (217035)	1/11/2002 9:32:06 AM
From: Bald Eagle	Read Replies (2) \| Respond to of 769670

There hasn't been an investigation in this case yet! Please, get a grip on reality! Thousands of people have lost their life savings, vital documents have been destroyed, top executives pocketed over a BILLION dollars, while Enron was one of if not the biggest campaign contributor to Bush and Cheney. You don't think that is worth investigating. You amaze me!

To: gao seng who wrote (217035)	1/11/2002 9:35:36 AM
From: E. T.	Read Replies (2) \| Respond to of 769670

From this morning's Slate ...."The NYT reports, "several congressmen demanded again today that the White House release records of all its contacts with Enron executives." The Times then quotes one of the congressional critics at length. Presumably the administration has articulated a reason why it won't release the records, but the paper doesn't include it (or note the lack of a response, if that's the case). The NYT asks a good question about the revelation that Enron's accounting firm recently destroyed some of company's documents: In order to avoid endless piles of paper, the company has a policy of destroying old and unneeded records. Were these shreddings simply part of that policy? Enron says it's not sure yet. Attorney General Ashcroft recused himself from the Justice Department's investigation of Enron because he received $50,000 in campaign donations from the company during his last run for Senate. The entire U.S. Attorney's office in Houston also recused itself from the investigation. According to the NYT, the Enron fiasco has "reawakened Washington's now-familiar scandal machinery." The White House is desperately trying to distance itself from Enron. It won't be easy. Enron execs have been among the president's largest donors for years. Bush is also a long-time friend of the company's chairman. Still, nobody has suggested that the President did anything improper. Five congressional committees have sent out subpoenas related to Enron. "This is the perfect storm," said one Democratic congressional staffer. "It's the biggest bankruptcy in American corporate history, a bankruptcy where a small number of executives enriched themselves while thousands of employees were left with worthless stock. And in 2001, Enron is the most influential company in Washington. When you piece it all together, there are many questions that need to be answered."