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


To: Raymond Duray who wrote (2346)7/12/2002 7:09:07 PM
From: The Duke of URL©  Read Replies (1) | Respond to of 3602
 
That is the Act to which I am referring. It did not eliminate the lawsuit, that would be a hard constitutional pill to swallow, what it did was just to make it impossible to bring.

It like my Daddy always used to joke,

"That guy would always rather owe it to you forever, than cheat you out of it."



To: Raymond Duray who wrote (2346)7/25/2002 6:43:27 PM
From: greenspirit  Respond to of 3602
 
Democrats Hush Up Rubin's Enron Scandal
Thursday, July 25, 2002
newsmax.com

Senate Democrats claiming to investigate the collapse of Enron Corp. don't want to question former Clinton Treasury Secretary Robert Rubin, a top official at Citigroup Inc., about its role in concealing Enron's debt from investors.

Asked whether he intended to call Rubin as a witness, Sen. Joseph Lieberman, chairman of the Governmental Affairs Committee, said, "I don't," the Washington Times reported today.

He said that decision was up to Sen. Carl Levin, D-Mich., chairman of the subcommittee probing Enron's internal practices.

Levin said he "probably" would call the chief executive officers of Citigroup and J.P. Morgan Chase & Co. to testify - but not Rubin.

Look What Citigroup Is Doing

As we reported in February, the former Clintonoid is on Citigroup's payroll for an astonishing $40 million a year just to "advise on strategy" - even as he continues to help Democrats undermine President Bush.

Congressional Republicans note that "Senate Democrats are playing politics by issuing subpoenas for Bush White House aides in the Enron probe but shielding a former Clinton official from sensitive questions," the Times reported.

"You can't ask questions on one side if you're not going to ask questions on the other side if something like this is done," said Senate Minority Leader Trent Lott, R-Miss.

'See What Happened'

"I think that they may want to call in Mr. Rubin and others before the Government Affairs Committee, and — if that's where the trail leads — and see what happened."

Rep. Mark Foley, R-Fla., is tired of the Democrat hypocrisy. He wants testimony from Rubin and from Sen. Jon Corzine, D-N.J., who used $60 million of his fortune from embattled Goldman Sachs to buy his Senate seat.

"If we're going to have hearings, Mr. Lieberman, let's have Goldman Sachs, let's have Citigroup brought to the dais," said Foley.

"When we talk about Enron, we ought to talk about all the players," Foley said on the House floor. "And there seems to be some real mischief. In fact Mr. Corzine used $60 million to run for the Senate. Goldman Sachs was hyping Enron stocks past $90. They encouraged people to buy it."

And Then There's Clintonoid Erskine Bowles

And now another Clintonoid, former chief of staff Erskine Bowles, a U.S. Senate wannabe in North Carolina, "is taking heat for a corporate scandal as a board member of Merck Pharmaceutical Inc., which is accused of inflating revenue by $12 billion," the Times reported.

North Carolina's Republican Party blasted Bowles' "unwillingness to explain his role in a string of disastrous investments while a managing partner of investment bank Forstmann Little that led to the loss of more than $100 million for Connecticut retirees."

Goodness, how those rich Democrats' corporate corruption scandals are growing: Bill Clinton's Enron boondoggle, Global Crossing and Terry McAuliffe, Corzine, Bowles, California Gov. Gray Davis, Tom and Linda Daschle, Democrat diva Martha Stewart ... does the list ever end?