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

To: RON BL who wrote (218553)	1/14/2002 11:19:03 PM
From: TigerPaw	Respond to of 769670

In February 1995, David Sanger of the New York Times wrote a fascinating insider account of how the deal had been consummated. Enron had been the lead bidder to build the new power plant. David Sanger apparently forgot to mention that the Enron deal was signed in 1992. The Clinton administration interviened after Enron so screwed up the relationship with India that all trade negotions were in jeporady. washington-report.org The decision of the Maharashtra state government in Bombay to cancel a $2.8 billion electrical power project that was to be built by Enron, an American consortium, has embarrassed the Indian national government in Delhi and frightened many of the U.S. investors who had decided to plunge into the Indian market. None of this has disconcerted the new Maharashtra government installed since the deal was originally signed in June 1992. TP