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Non-Tech : The Enron Scandal - Unmoderated -- Ignore unavailable to you. Want to Upgrade?


To: TigerPaw who wrote (62)1/14/2002 9:22:30 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 3602
 
But that goes back to the energy and tax policy under the Clinton administration when Enron was building their house of cards.

Notice that the stock price went from 20 to 80+ through January 2001. The scam was happening under Clinton's watch

finance.yahoo.com



To: TigerPaw who wrote (62)1/14/2002 9:22:33 PM
From: c.horn  Read Replies (3) | Respond to of 3602
 
it's the kind of creeps you cater to.

Why do you consistently have to make it personal?



To: TigerPaw who wrote (62)1/14/2002 9:28:06 PM
From: Lazarus_Long  Read Replies (2) | Respond to of 3602
 
Better find some reinforcements, Commissar.

Either that or some facts.



To: TigerPaw who wrote (62)1/14/2002 10:23:32 PM
From: KLP  Read Replies (2) | Respond to of 3602
 
You might want to do some research TP....Gray Davis. Bruce Willison, and Enron....January 2000!!

essential.org
Grid Stock

A key member of the state regulatory panel that oversees California’s
deregulated energy market owns stock worth approximately $1 million in one
of the state’s largest power producers, the San Francisco Chronicle reported
in early August.

The disclosure is the latest in a series of revelations that top state
energy officials and government advisers own stock in energy companies doing
business in California. Those investments have prompted watchdog groups to
raise concerns about possible conflicts of interest.

Bruce Willison, who was appointed to the California Electricity Oversight
Board by Governor Gray Davis in January 2000, has 12,052 shares of stock in
Enron, according to his Statement of Economic Interests filed earlier this
year, the paper reported.

Other links:

latimes.com
coll=la-headlines-pe-california%3Cbr

Enron, a $171 billion company, is a major California power supplier that
signed a contract earlier this year with the state Department of Water
Resources to provide about $7.8 million worth of electricity per week to the
state’s grid.

In late July, Davis fired five consultants hired to negotiate power
contracts for the state after learning that they held stock in companies
that sell power to California, the paper reported. A sixth consultant
resigned.

The paper also reported that Davis’ press secretary, Steve Maviglio, owned
stock in Calpine Corp., a major state energy company.

William Keese, chairman of the California Energy Commission, also held as
much as $500,000 in stocks last year in companies his agency oversaw.
Willison had more than 11,000 shares of Enron stock before he became a
member of the oversight panel. He acquired an additional 1,002 shares in
April 2000.

The Los Angeles Times reported in August that the Securities and Exchange
Commission (SEC) has launched a preliminary inquiry into whether energy
consultants advising Governor Davis used inside information to trade stocks
of power companies doing business with the state.

— Russell Mokhiber