Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Liz
Liz, the Fastows themselves probably can't figure out the tangled web of offshore partnerships and worthless debt parks they used to swindle Enron shareholders. The biggest howler I read about Fastow finance was how Enron booked a $230 million fool-the-shareholders PROFIT on a joint venture with Blockbuster Video (the latter not at fault) yet IT HAD NOT SOLD A SINGLE SUBSCRIPTION to nor received a cent in revenue for the video service.
8 posted on 01/13/2004 5:43:14 PM PST by laconic
[ Post Reply | Private Reply | To 5 | View Replies ]


To: laconic
Liz, the Fastows themselves probably can't figure out the tangled web of offshore
partnerships and worthless debt parks they used to swindle Enron shareholders.

Hmmmm, I'd like to believe it but my take is that Fastow calculatedly pulled off
schemes for his and his wife's benefit.......his brother also was included in the deals.

However, I could imagine that Andy might have had a fit of (ahem) forgetfulness perhaps
while he was busy doing his "compassion" act and getting all that great publicity about his
being a (gag) "humanitarian" doling out Foundation money (most of it stolen).

10 posted on 01/13/2004 6:19:40 PM PST by Liz
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson