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

To: TigerPaw who wrote (2958)	2/19/2002 6:09:19 PM
From: Mephisto	Read Replies (1) \| Respond to of 5185

"Dear George" from Kenny Boy. And W, The Toxic Texan AKA The Pinocchio President thought we would believe him when he said he and Kenny Boy weren't good friends! (LOL) Why W even sat with Kenny Boy when Enron's famous baseball stadium opened! Good work, TP! I heard there were letters about! Here's a letter from Kenny Boy to then Governor George planning the Central Asian pipeline. This was all part of the Taliban deal. prorev.com

To: TigerPaw who wrote (2958)	2/19/2002 10:25:17 PM
From: Patricia Trinchero	Read Replies (1) \| Respond to of 5185

The Cayman Connection Enron Moved Accounts Offshore, Harder to Track By Brian Ross Feb. 15 — Federal investigators are now coming up against the fact that Enron, like a lot of companies, is no stranger to the Cayman Islands. When they came to the Caymans, Enron's lawyers and accountants had a lot more in mind than beautiful Caribbean sunsets. "What you get is very little, if not zero, taxes in the Cayman Islands," said Will Wexler, a former Treasury Department official. In the capital city of Georgetown, one post office box, No. 1350, is the official address for at least 600 Enron corporations. "Should the Securities and Exchange Commission or the IRS … come calling, the person on the other end of the line — in the Caymans or elsewhere — will say 'I can't give you that information,'" explained Wexler. "That's a very valuable commodity." Enron is estimated to have spent several hundred thousand dollars to set its off-shore companies here. At one law firm, the in-house computer lists hundreds and hundreds of Enron companies. "It just doesn't smell right," said Sen. Charles Grassley, R-Iowa. Crack Down on Tax Havens The Enron scandal is leading to new efforts to crack down on tax havens like the Cayman Islands, efforts that previously faced strong opposition. Before becoming White House economic adviser, Lawrence Lindsey was one of the most outspoken defenders of such havens and was on Enron's payroll as a consultant, earning $50,000. "We're going to find ourselves up against some very powerful interests," said Grassley. Lindsey told ABCNEWS Thursday his position on tax havens had no connection to his former role at Enron. He believes countries like the Caymans should be free to set their own tax policies, even no tax. He also said efforts to raise taxes of the so-called tax havens could lead to raising U.S. tax rates to match higher European tax rates. The government in the Cayman Islands said this week it would consider providing some information on the Enron case and work with the United States government. To date, according to the Cayman Islands government, no formal request has been made by U.S. officials in the Enron case. abcnews.go.com