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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Ken98 who wrote (144558)	1/18/2002 10:33:07 AM
From: Ken98	Respond to of 436258

Even more Enron goodies: <<Last summer, before Enron was forced to reveal the actual state of its finances, Fastow moved to set up more of these partnerships. But Fastow's plan was blocked when an Enron attorney named Jordan Mintz took matters into his own hands. According to sources inside Enron, Mintz, who had just moved from the company's tax department to its finance department, was so concerned about the questionable nature of the partnerships -- and apparently so worried that Enron's attorneys were too close to the business schemes to judge them correctly -- that he sought a second legal opinion. Without the knowledge of his boss, Enron chief counsel James Derrick Jr., Mintz hired an outside firm far removed from Enron and its Houston-based firm, Vinson & Elkins, to take a fresh look at the questionable deals. After reviewing the partnerships, the respected New York firm hired by Mintz -- Fried Frank Harris Shriver & Jacobson -- recommended to him that Enron stop setting up the the shell partnerships. The New York firm's opinion prompted Mintz to write internal memos to company executives urging Enron to halt the practice -- which they apparently did.>> salon.com