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

To: Dorine Essey who wrote (1940)	3/19/2002 6:30:51 PM
From: stockman_scott	Respond to of 3602

Astros Remove Enron's Name From Field By PAM EASTON Associated Press Writer Tuesday March 19, 5:59 pm Eastern Time Houston Astros Remove Enron's Name From One Side of Field HOUSTON (AP) -- Letter by letter, Enron Corp.'s name is being stripped from the field the once mighty energy giant called its own. On Tuesday, the Houston Astros took down one of the three remaining huge outdoor signs which once beckoned baseball fans to the team's downtown ballpark. Astros spokesman Todd Fedewa said the team hopes to have all the outdoor and indoor signage down by the team's home opener April 2, when the team starts its third year in the park. If the team doesn't come to a naming rights agreement by the time the first pitch is thrown, the stadium will be known as Astros Field but won't be labeled that way, Fedewa said. The sign over the third base side of the ballpark came down Tuesday to the delight of some. A man driving by in a pickup truck honked his horn and held his thumb in the air as a large crane removed the 'E' from Enron Field. "I think it's a positive move," said Robert Scheve, who came to the ballpark Tuesday to investigate purchasing season tickets. "It puts all the bad feelings to rest. It would have been a real sore black eye on the city and the team. The Astros bought back the naming rights to the ballpark Feb. 27, paying about $2.1 million to the bankrupt energy trader. The Astros also regained the right to immediately negotiate a naming rights agreement with a new partner. Team owner Drayton McLane said Tuesday the Astros were involved in the team's second round of discussions with eight companies and could have a new name within 30 days. Companies interested in naming rights include Conoco Inc., Compaq Computer Corp. (NYSE:CPQ - news) and Landry's Restaurants, all headquartered in Houston. To help the 4,500 employees who were laid off by Enron after the company declared bankruptcy, the Astros also announced Tuesday they'll donate $150,000 to an employee relief fund set up to assist those who found themselves jobless.