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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: JHP who wrote (94098)1/17/2002 9:37:48 AM
From: Tommaso  Respond to of 132070
 
SILVER LINING DEPARTMENT:

Washington, Jan. 17 (Bloomberg) -- Enron Corp. may have hidden $550 million in losses
in a partnership created and financed by the energy trader, according to a letter sent to
Chairman Kenneth Lay in August.

``It sure looks to the layman on the street that we are hiding losses in a related company
and will compensate that company with Enron stock in the future,'' Enron vice president
Sherron Watkins wrote in the letter, which was released Tuesday by a U.S.
congressional subcommittee investigating the company.

quote.bloomberg.com



To: JHP who wrote (94098)1/17/2002 9:48:59 AM
From: Knighty Tin  Respond to of 132070
 
John, Margie is good people. We had some great bond fund managers back at the old American Capital. Margie managed the "investment grade" corporates in a closed end fund, Dave Troth managed the open end corporate and Jim Maglen the Junks. Dave was always getting plaques from Lipper for being the best bond fund manager over some period or another. I don't think they knew what they had until they didn't have it any more. I am glad to see her kick butt at Pioneer.


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