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


To: Karen Lawrence who wrote (1528)1/29/2002 1:49:40 PM
From: Mephisto  Read Replies (1) | Respond to of 5185
 
"Elizabeth Warren, a professor at Harvard Law School, said: "Whenever a dispute occurs after a transaction is completed, law firms are always nervous about opinion letters they issued because they themselves could be named in a lawsuit. The Sherron Watkins letter could indicate that Vinson & Elkins has a lot to be nervous about."

Karen, this firm also contributed money to George
w. Bush's campaign. The firm's connections to Enron
have been mentioned in many articles.



To: Karen Lawrence who wrote (1528)1/29/2002 2:29:16 PM
From: Mephisto  Respond to of 5185
 
There is mention of the Vinson & Elkins review in this post:

Message 16977993



To: Karen Lawrence who wrote (1528)1/29/2002 3:20:57 PM
From: Mephisto  Respond to of 5185
 
Keep public business public
Denver Post.com

Tuesday, January 29, 2002 - In secret, the Bush administration
tried to re-write the nation's energy policies. Among the Bush
team's original proposals: Moving oil rigs into national monuments.
Weakening guidelines that protect the environment during oil
drilling and coal mining on public lands. Slashing money for
alternative energy research. Giving electric companies a federal
right to build power lines on private property over the landowners'
objections. Every proposal dealt with a federal action, so should
have been open to public comment.


But for months, Vice President Dick Cheney obdurately has clung
to the fiction that who he talked to in preparing the massive
federal policy revisions isn't the public's business.
This week, he
forced the General Accounting Office, the investigative arm of
Congress, into the uncomfortable position of likely having to sue
the executive branch to make the information public.

Cheney was excoriated for his closed-door crafting of the Bush
energy policy shortly after he announced the plan in May - and
long before the Enron pot got shoved onto the front burner of
public policy in October. The administration's close ties to the
bankrupt Texas energy company only have fueled the criticisms.


For example, in January 2001, Bush refused to help California solve
its energy crisis, a crisis that, not coincidentally, came about
partly because California had embraced the very kind of
deregulation that Enron had sought.



In March,
Bush pushed to allow oil rigs into national monuments
and scuttle environmental rules about mining on public lands. Both
issues were of intense interest to Colorado and the West, and
both got shot down when Congress got wind of them.

Then in August,
the Department of Energy held just two days of
hearings on major proposals to subsidize and benefit energy
companies. True public input was systematically excluded, by the
very short notice that the meeting would be held, restrictions on
who was allowed to speak (the speakers' list consisted almost
exclusively of energy company executives), and rules limiting
written public comment to answering a narrow list of
industry-friendly questions.

In nearly every instance, the Bush administration attempted to
implement enormous changes through a series of sometimes
obscure federal rules, guidelines, budget priorities and other
executive actions.

Yet Cheney claims that executive privilege should shield him from
telling the public whose advice he solicited in writing the energy
policy and what part of his plans would have benefited which
political interests.

The public's interest will be gravely harmed if the courts uphold
Cheney's position. On other issues in the future, voters may never
learn who has their elected leaders' ear - a prospect that could
damage the very idea of transparency in government, and of
public policy being made in public. Cheney should be reminded that
openness in a democratic government is, after all, far more than a
personal virtue.


denverpost.com

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