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

To: TigerPaw who wrote (4255)	7/9/2002 1:40:51 PM
From: Raymond Duray	Respond to of 5185

Indictments? What? Did Ashcroft find another den of iniquity? Another dozen whores?

To: TigerPaw who wrote (4255)	7/10/2002 1:04:47 AM
From: Mephisto	Respond to of 5185

"It is now more than seven months since Enron revealed that its accounts were false. The massive stock trading by Enron executives is a matter of public record. Justice Department prosecutors have secured the cooperation of David Duncan, the former Andersen partner responsible for the Enron account. But still there are no charges against Enron principals. If the president wants to make the case that his administration will not tolerate corporate wrongdoing, what better way than to indict his old friend and former Enron CEO, Kenneth Lay? Indicting Lay and other Enron executives may have a few pitfalls. First, one of Enron's main trick--boosting its revenue by reporting its energy trades at their gross value--was mimicked by the entire energy-trading sector. Second, putting Lay or Jeffrey Skilling, Enron's former president and briefly its CEO, on trial would bring back into the headlines Enron's ties with Bush, Congress and the government of Texas. But the cost of not doing it seems even higher. It should be done quickly and used as proof that the administration is serious. " Where Are The Indictments? forbes.com

To: TigerPaw who wrote (4255)	7/10/2002 1:21:01 AM
From: Mephisto	Respond to of 5185

Indictments? From the Bush Administration? How could anyone there indict a crook when Bush and his administration have so much to hide. - Cheney, the Vice President, hides minutes from the Energy Meetings with Enron - Halliburton is under investigation by the SEC when Cheney was the CEO of Halliburton Why would Ashcroft indict anyone? He had to remove himself from Enron case because of Enron campaign contributions. Didn't he also receive Worldcom contributions? A newscaster tonight said that Bush believed corruption in corporate America went to the highest levels. Since Bush was once a corporate officer at a company that misstated earnings, since Cheney was a CEO, since O'Neill was CEO at Alcoa, since Ashcroft got big business contributions, and since Gail Norton's Interior Dept. is stuffed with people from corporate America, who would issue indictments against Ken Lay or other corporate officers in companies that have collapsed because of illegal activities? There is always Condi Rice but she is famous not because she is Dr. Condi Rice but because one of the big oil companies named a ship after her. Harvey Pitt might do something but he has had so many ties with the Big Accounting companies that you wouldn't expect him to do anything now, would you? Surely, he would have acted b4 now. Or maybe he will pass a few more rules now that W's neck is in the noose. But indictments? TP, you must be kiddin'!