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


To: Arthur Radley who wrote (217747)1/12/2002 8:51:52 PM
From: bonnuss_in_austin  Read Replies (2) | Respond to of 769667
 
Texas Dude: Do you have a link handy to that one?

Would save some time.

Thx.

bia



To: Arthur Radley who wrote (217747)1/12/2002 9:09:30 PM
From: Thomas A Watson  Read Replies (1) | Respond to of 769667
 
Well texi stupidity is not a crime. texi did you know that Ken Lay bought

21-Aug-01 68,620 ENE Acquired Shares via Exercise of Options at $21.56/Share. Cost of $1,479,447.
20-Aug-01 * 25,000 ENE Acquired Shares via Exercise of Options at $20.78/Share. Cost of $519,500.

Ken bought 2 million bucks worth of the stock after he spoke of his belief in the company. He put his money where his mouth is.

Ken's other 2885870 share are now worth 2 million buck and lost 104,000,000 million from Aug to today.

The August stock is now worth 63 k for a loss of 1937000 dollars.
As I said stupidity is not a crime.

Yes mr. bill the rapist, liar, and stupidest there ever was was evil.

tom watson tosiwmee



To: Arthur Radley who wrote (217747)1/12/2002 10:39:36 PM
From: DMaA  Respond to of 769667
 
This is why I am amused when conservatives are accused of not being able to get over it<LOL>

Every time the subject of the lying rapist is raise, it is raised by a socialist.

Did I hear something about millions of dollars being spent to look into Clinton's sex life bla bla bla bla bla......



To: Arthur Radley who wrote (217747)1/12/2002 10:51:28 PM
From: greenspirit  Read Replies (1) | Respond to of 769667
 
Kinda funny to see so many rabid "I hate Bush" Democrats foaming at the mouth over Enron.

They sure have become the "Clintonized" Democrat party.

The "Politics of Personal Destruction" which were the hallmark of the Clinton years are behind us now and some Democrats just can't change with the times. I believe those like Dashle will pay a price for the kind of nasty partisan divisiveness they've been stirring up.

The American people have become accustomed to seeing a leader like President Bush work across the aisle and get things done for the American people. They're sick-and-tired of the political mudslinging and just want to see politicians find common ground on key issues and work together for our future.

Divisive mudslinging politics may work to shore up the radical left wing of the Democrat party (as we've seen by some examples around SI). But I believe it will alienate a significant center of the Democrat party in the process.

Already we've seen splintering divisions within the Democrat party as Fienstein contradicts Dashle regarding tax cuts. Look for more signs such as this in the future, as Dashle's type of phony politics is exposed to more and more americans.



To: Arthur Radley who wrote (217747)1/13/2002 1:20:33 AM
From: Patricia Trinchero  Respond to of 769667
 
Sunday January 13, 6:56 AM

Enron's Lay may have misled on share price -Waxman


WASHINGTON (Reuters) - Enron Corp. Chairman Kenneth Lay may have misled employees by telling them he expected the company's share price to go up just weeks before it started to collapse, a high-ranking House Democrat said on Saturday.

Rep. Henry Waxman, a California Democrat, asked Lay to respond by Jan. 18 to a series of questions involving e-mail messages "you purportedly sent out to Enron employees about Enron's financial condition and stock price in August 2001."

Waxman, the senior Democrat on the House Government Reform Committee, had already been seeking information about contacts between the White House and the now-bankrupt energy giant Enron.

Waxman asked Lay to verify whether he sent the e-mails and if so, whether he was aware at the time of Enron's "financial vulnerabilities."

"If it is true that you sent these e-mails, then it appears that you misled your employees into believing that Enron was prospering and that its stock price would rise," Waxman wrote.

Waxman also asked Lay to provide records of Enron communications assessing the value of Enron's stock price or financial condition.

"I also would like to know about your decision to prevent participants in Enron's 401K plan from accessing their retirement accounts and selling their plummeting Enron stock," Waxman wrote.

He said he received copies of the e-mails as part of his investigation of the collapse of Enron. His office released the e-mails along with Waxman's letter on Saturday.

"As I mentioned at the employee meeting, one of my highest priorities is to restore investor confidence in Enron," reads one e-mail, dated Aug. 8 and carrying a return address from "ken.lay@enron.com".

"This should result in a significantly higher stock price."

The e-mail, whose recipient's name is blanked out, offers a stock grant of $36.88 a share. Enron shares were at 67 cents a share on Friday.

But Waxman said that at the time the e-mail was sent, Enron's stock price was $37, and "you had already sold $40 million of Enron stock during 2001 and over $100 million since October 1998."

Waxman noted that the price of Enron stock eventually fell to a low of 26 cents a share on Nov. 30, 2001.

Quoting from another e-mail, Waxman said that on Aug. 14, "the day that Jeffrey Skilling resigned as (Enron) CEO, you stated, 'I want to assure you (employees) that I have never felt better about prospects for the company.'"

"Our performance has never been stronger; our business model has never been more robust; our growth has never been more certain; and most importantly, we have never had a better nor deeper pool of talent throughout the company," the Aug. 14 e-mail reads.

"We have the finest organization in American business today."

Robert Bennett, the Washington-based attorney for Enron, was not available for comment Saturday.

Several congressional committees are investigating Enron's collapse last year. The bankruptcy and the political storm surrounding it has prompted President George W. Bush to order a Treasury Department review of U.S. pension and corporate disclosure rules.

in.news.yahoo.com