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

To: Ron who wrote (852)	1/19/2002 5:39:26 PM
From: Mephisto	Respond to of 5185

"The obvious huge involvement of Wall Street -- brokers, investment bankers, analysts and commercial bankers -- in the mess can only further eviscerate whatever investor illusions remain and deepen mistrust. "More than any fresh government regulation or self-imposed strictures by corporations and accountants,that's likely to be the most exacting legacy of the Enron affair. And since we don't think Enron is going away anytime soon, it's an inhibiting legacy that's likely to be with us for quite a spell." Ron, To put it mildly it would seem that everyone in high places has been corrupted by Ken Lay's money. I am concered with Pitt at the SEC. People here must realize that he may have a conflict of interest and should remove himself from the Enron case. In an article I posted last night I noticed that an Enron employee had sought legal help from the firm in New York where Pitt worked. ................................................. See: Message 16933800 "Last night, SALON.com reported that an ENRON corporate lawyer, Jordan Mintz, last summer hired a New York law firm, Fried Frank Harris Shriver & Jacobson, to take another look at the company's financial structure. Fried Frank, where the S.E.C. CHAIRMAN, HARVEY L. PITT, worked until last fall, recommended that Enron end its deals with the partnerships. There was no response to a message left last night at Mr. Mintz's home in Houston"