SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The ENRON Scandal -- Ignore unavailable to you. Want to Upgrade?


To: Baldur Fjvlnisson who wrote (3718)3/28/2002 11:33:43 PM
From: Mephisto  Respond to of 5185
 
Lieberman sends letters asking scope of contacts

March 27, 2002, 10:33PM

By DAVID IVANOVICH
Copyright 2002 Houston Chronicle Washington Bureau

WASHINGTON -- Sen. Joseph Lieberman sent letters to the White House and
members of Vice President Dick Cheney's energy task force Wednesday, seeking
information about their contacts with the once politically influential Enron Corp.


Lieberman, D-Conn., chairman of the Senate Governmental Affairs Committee, wrote
to White House Chief of Staff Andrew Card, Energy Secretary Spencer Abraham and
other administration officials in his effort to ascertain what role Enron may have
played in the drafting of the national energy policy.

Lieberman also wants to know whether regulators could have done something to
head off the bankruptcy.


"It is not merely the magnitude of the collapse that makes this a matter of significant
public concern," Lieberman wrote. "Rather, what is particularly troubling is the
extent to which Enron's unraveling appeared to catch the regulatory and financial
communities unaware."

Lieberman asked both the White House and the U.S. Archivist to turn over
communications between Enron and White House officials from both the Bush and
Clinton administrations, dating back to 1992.

Besides seeking information about the national energy policy, Lieberman is trying to
learn whether White House officials in either administration intervened on Enron's
behalf in the company's dealings with eight separate federal agencies.


The entities in question are the Energy, Labor and Commerce departments, as well
as the Securities and Exchange Commission, the Commodity Futures Trading
Commission, the Federal Energy Regulatory Commission, the Export Import Bank
and the Overseas Private Investment Corp.

Lieberman's committee also has issued subpoenas to Enron and 27 current and
former board members to obtain their records of contacts with the White House and
federal regulators.

"We have received the letter. We're reviewing it," said White House spokeswoman
Anne Womack. "I think the American people are sick and tired of these open-ended
fishing expeditions."

An attorney for Enron could not be reached for comment.

chron.com