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

To: James Calladine who wrote (2674)	6/3/2003 6:49:51 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 3602

Re: The Feds have been very aggressive with Martha, but notably "forgiving" with:... Martha Stewart is a Democratic Party supporter, from all the info I can gather. Lay, Skilling and Ebbers were loyal GHP contributors and fraud enablers. Attacking her is a political maneuver. The outlier is Winnick, who was well known as a Democratic Party contributor, but who could certainly get a bribe to the Bushies via founder's stock, as was the case with Poppy Bush being paid off with a stock gift for one speech (ahem) that netted over $10 MM for Poppy Bush, according to reliable sources.

To: James Calladine who wrote (2674)	6/4/2003 12:00:11 PM
From: Glenn Petersen	Respond to of 3602

Martha is the poster-child to go after because of her visibility... Visibility has consequences, particularly when you are promoting yourself as an icon. Given Ms. Stewart's prior stint as a broker it is hard to argue that she does not understand the intracicies of the insider trading regulations. She should have copped a plea, got her wrist slapped and headed over to Oprah's couch. Fastow will flip on Skilling and then we will see what happens with Lay. I would guess that Ebbers will be indicted by the end of the summer. Rough work cleaning up these Clinton era problems. The Bush DOJ may end up prosecuting more white collar criminals during Bush's first term than Janet Reno prosecuted during eight years. 216.239.37.100 The additional charges put additional pressure on Sullivan to cooperate with prosecutors as they try to assemble a case against former WorldCom Chief Executive Bernie Ebbers, legal experts said. Ebbers has not been charged with any crime and he has previously asserted he had no knowledge of any misconduct. "There's so many allegations of misconduct against (Sullivan) already, so it looks to me like they're trying to put additional pressure on him to point the finger at Ebbers," said J. Boyd Page, a senior partner with Atlanta law firm Page Gard Smiley and Bishop.