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Bush Served on Harken Board During Enron Trades
Yahoo ^ | 10/22/02

Posted on 10/23/2002 4:03:22 PM PDT by Tumbleweed_Connection

WASHINGTON (Reuters) - While President Bush (news - web sites) served on Harken Energy Corp.'s board more than 10 years ago, it engaged in complex trades with Enron Corp., a watchdog group said on Tuesday.

Enron's relationship with Bush has become a political issue since its collapse in December amid a widening financial scandal. The company was one of Bush's biggest campaign contributors.

Administration officials say Bush did nothing improper.

The documents, released by the Center for Public Integrity, showed that one of Harken's partners in commodities trading was Enron. A June 1990 memo from Harken Marketing, a Harken subsidiary, listed a $363,000 letter of credit with the now bankrupt energy trader.

White House officials had no comment on the transaction. Harken officials were not immediately available to comment.

The nonpartisan Center for Public Integrity said other documents showed that Bush was paid $80,000 in 1987-88 to consult for Harken even though he was working full time for his father's presidential campaign.

Bush flew to Texas and to New York to attend Harken board meetings. These trips were paid for by his father's campaign, and reimbursed by Harken, the Center said, citing Bush campaign receipts and Harken documents.

White House officials said there was nothing improper about Bush simultaneously working for Harken and his father's campaign.

Bush served on Harken's board from 1986 until 1993.

Former Enron Chairman Kenneth Lay was a longtime Bush ally and a generous donor to his political campaigns. He was part of an elite group known as the "Bush Pioneers" who gathered at least $100,000 in donations for Bush's 2000 run for the presidency.

High-level members of the Bush administration said Lay called asking for help while he fought to keep Enron out of bankruptcy, but they said they did nothing and that the president knew nothing about it.


TOPICS: Extended News; Politics/Elections
KEYWORDS: desperation; enron; harken; pipedream
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1 posted on 10/23/2002 4:03:22 PM PDT by Tumbleweed_Connection
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To: Tumbleweed_Connection
This is so-o-o stupid! Most of the Enron misdeeds occurred in the past ten years since Bush left Harken.
2 posted on 10/23/2002 4:05:31 PM PDT by Eva
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To: Tumbleweed_Connection
Bush served on Harken's board from 1986 until 1993.

Ten years ago I was ten years younger ...so?

3 posted on 10/23/2002 4:06:20 PM PDT by woofie
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To: Tumbleweed_Connection
Didn't the whole world trade with Enron?
4 posted on 10/23/2002 4:08:08 PM PDT by spycatcher
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To: Tumbleweed_Connection
Gosh, what a surprise. Late October and Reuters manages a smear just before the elections. The retraction, if any, will come on the 6th of November.
5 posted on 10/23/2002 4:09:24 PM PDT by Billthedrill
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To: Tumbleweed_Connection
Does anyone know if the Center for Public Integrity came up with something new, or is this story a rehash of their old press-releases?
6 posted on 10/23/2002 4:10:33 PM PDT by 1rudeboy
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To: spycatcher
now I finally understand the "conspiracy" that my local Jefferson Pilot radio station "reporter" was so thrilled about reporting this AM (it made no sense and now I see why - it makes no sense, just trying to take a bunch of unrelated events and tie them together in conspiratorial fashion) ... so sickening that I e-mailed Jefferson Pilot Investor Relations and complained.
7 posted on 10/23/2002 4:11:49 PM PDT by Steven W.
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To: spycatcher
Didn't the whole world trade with Enron?

If they fined every member of every board that traded with Enron, plus every government official, $100 each, we could pay for the war with Iraq. This is so stupid.

8 posted on 10/23/2002 4:12:33 PM PDT by HoustonCurmudgeon
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To: Tumbleweed_Connection
It's a good thing Bush isn't a democrat. Republicans would be trying to impeach him by now.
9 posted on 10/23/2002 4:14:13 PM PDT by stalin
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To: Tumbleweed_Connection
Hmmmm.....the Center for Public Integrity. I wonder how quickly they threw that group together for this little smear. Plaeasssse.
10 posted on 10/23/2002 4:17:50 PM PDT by BlueCat
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To: spycatcher

"Didn't the whole world trade with Enron?"


11 posted on 10/23/2002 4:19:38 PM PDT by Tumbleweed_Connection
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To: Eva
Most of the Enron misdeeds occurred in the past ten years since Bush left Harken.

Most?
12 posted on 10/23/2002 4:22:11 PM PDT by BikerNYC
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To: Tumbleweed_Connection
Pick up board. Walk over to dead horse. Whack! Whack! Whack!Whack! Whack! Whack! Whack!

The Clymers cannot stop themselves. Amazing. The money the presstitutes have spent on this thing. Oh well, I guess it'll give the circle jerkers at DU something to whack about tonite as well. Sheesh....

13 posted on 10/23/2002 4:26:31 PM PDT by eureka!
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To: stalin
A sentiment worthy of your namesake. Like Hitler, he too believed in the big lie.
14 posted on 10/23/2002 4:28:44 PM PDT by ffrancone
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To: Tumbleweed_Connection
Once again Reuters has taken it upon itself to go trolling for stupid voters for the rabid RAT cult. Why can't they do the honorable French thing and go surrender to something?
15 posted on 10/23/2002 4:58:58 PM PDT by DaBroasta
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To: stalin
Huh? What would they be trying to impeach him for?
We're still waiting to hear what he supposedly did wrong and the Dems can't seem to come up with anything.
This is beyond stupid. It's pathetic.
16 posted on 10/23/2002 5:40:28 PM PDT by Jorge
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To: stalin
It's a good thing Bush isn't a democrat. Republicans would be trying to impeach him by now.

Grasshopper, you have much to learn. We conservatives do not call for impeachment at the drop of a hat. Do you know how large the data base was on Clinton at this forum? I hazard to say, Clinton has more scandals over his head, uncovered, than all the other presidents combined.

The day Bush sells nuke tech for campaign cash, the day that Bush has a Waco, the day that Bush intimidates witnesses, the day that Bush organises IRS audits on enemies, the day that Bush raids a SINGLE FBI FILE [let alone 900], that is the day that you can challenge Republicans.

17 posted on 10/23/2002 5:46:56 PM PDT by Arthur Wildfire! March
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To: Jorge
They would be "crying wag the dog" about Iraq and be very against the war effort. They would be "investigating" him about the financial scandals and when they found nothing they would investigate his freids , his gradschool teachers and his dog until they could came up with somthing that they could hang onto for awhile to deflect our attention away from foriegn policy and any war because which make a president poplular. All the while Bush's approval ratings would continue to go up so they would try to impeach him for not getting the enemy in Afganistan or something , anything.
18 posted on 10/23/2002 5:50:40 PM PDT by stalin
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To: Arthur Wildfire! March
If Bush did all of those things people on this board would refuse to believe it ; no a matter what the evidence.

He's collected more soft money bribes than any president in history. What do you think he's doing for that money ?
19 posted on 10/23/2002 5:54:23 PM PDT by stalin
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To: Howlin; Miss Marple; Amelia; DaughterOfAnIwoJimaVet
Uh Oh...... I smell an FOIA coming to get to the bottom of this because........

No one is above the law.....
except when the IRS investigates tax returns

20 posted on 10/23/2002 5:54:40 PM PDT by deport
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To: Tumbleweed_Connection
Gee, I wonder why I saw this posted on DU this morning? More smear tactics by the left, right before an election.
21 posted on 10/23/2002 5:56:02 PM PDT by ladyinred
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To: stalin
He's collected more soft money bribes than any president in history. What do you think he's doing for that money

Here is the inside scoop. Most big shots give the big bucks out to keep liberals from destroying them. As an example, Bill Gates was a stingy contributer. Even though he was liberal, he gave so little that Bubba told Reno to squeeze him a little. It became an all-out war in the end.

Some big shots give it all to the the liberals and even pay them lip service just to leave them alone. Some look for favors. Some give to the opposing party, the GOP, to defend them. And some give to both sides equally. Have you ever noticed that? Giving to both sides equally?

Bush's contributions were largely a result of people getting completely fed up with the Terrorist Pardoner in Chief.

22 posted on 10/23/2002 5:59:14 PM PDT by Arthur Wildfire! March
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To: stalin

What you mean? Hell a lot of those on this forum claim he is a democrat.... They claim he one and the same, you can't tell the difference......

23 posted on 10/23/2002 5:59:14 PM PDT by deport
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To: stalin
They would be "crying wag the dog" about Iraq and be very against the war effort.

If Bush doesn't consult with his joint chiefs and blows up an aspirin factory, you might have a point there.

They would be "investigating" him about the financial scandals and when they found nothing they would investigate his freids , his gradschool teachers and his dog until they could came up with somthing that they could hang onto ...

Did the GOP do that to Carter? No. Did the GOP do that to JFK? No. Did the GOP do that to Johnson? No. Did the Rats do that to Nixon? Yes. Did the Rats do that to Reagan? Yes.

You got your parties switched around in your mind. Funny how a certain mind set gets things backwards. Mental dyslexia.

24 posted on 10/23/2002 6:06:20 PM PDT by Arthur Wildfire! March
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To: stalin
If Bush did all of those things people on this board would refuse to believe it ; no a matter what the evidence.

I guess you didn't see the Iran-Contra threads here. Before your time, I suppose.

25 posted on 10/23/2002 6:08:54 PM PDT by Arthur Wildfire! March
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To: deport
Stalin shot his officers when Hitler invaded. A very paranoid man. He thought the claims of an invasion were a conspiracy, if I'm not mistaken. I suppose that this is what we should expect. LOL. Good night.
26 posted on 10/23/2002 6:12:20 PM PDT by Arthur Wildfire! March
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To: Tumbleweed_Connection
Having signed 10 K's (Q's), 8 K's, 146's etc. I'm trying to find some 'there' there.

I guess 20 years of accounting experience just doesn't allow me too 'connect the dots'.

Oh, well, what do I know?

5.56mm

27 posted on 10/23/2002 6:12:23 PM PDT by M Kehoe
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To: M Kehoe
too=to

T'was the keyboard I tell ya.

5.56mm

28 posted on 10/23/2002 6:17:47 PM PDT by M Kehoe
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To: stalin
He's collected more soft money bribes than any president in history. What do you think he's doing for that money ?

Oh, I see. When a conservative accepts soft money, it's a bribe. When a liberal accepts soft money, it's constituent service.

Hypocrisy is a dish best served cold, you know.

Now then, one man's bribe is another man's campaign contribution.

Where you stand, of course, depends upon where you sit. Be advised, however, that most of Bush's money was hard money. Democrats just don't have the hard money network that we do, so they go straight to the sewer money in trade for favors to be paid back at a later date.

Now please go back and try again. I know things have been getting boring over at DemocraticUnderground....

...what, with the ban on dissent that's going on over there and all, but you don't have to come over here and take it out on us. However, if you butch up your action, you might just be able to run with us big dogs.

Be Seeing You,

Chris

29 posted on 10/23/2002 6:23:01 PM PDT by section9
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Comment #30 Removed by Moderator

To: Billthedrill
This from the media that failed to report, and then follow up with questions, that Clinton served as Arkansas Attorney General while aledgedly committing rape.
31 posted on 10/23/2002 6:29:13 PM PDT by KC Burke
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To: stalin
It must be rough to be you.

Hang in there. You only have six more years of Bush to trash.

5.56mm

32 posted on 10/23/2002 6:32:06 PM PDT by M Kehoe
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To: Tumbleweed_Connection
Ok, so Harken (an engergy company) traded with Enron (another energy company) SO WHAT!!!! Isn't it safe to assume engergy companies trade with another?? I fail to see the scandal here. Oh wait, I fogot, there doesn't have to be one. Democrats make them up.
33 posted on 10/23/2002 6:41:20 PM PDT by Kath
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To: stalin
He's collected more soft money bribes than any president in history.

Oh, you mean like when Clinton took soft money from Enron and then set up deals for him in India?

34 posted on 10/23/2002 6:46:25 PM PDT by TC Rider
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To: stalin
I didn't think anyone was actually this stupid....

Live and learn....

35 posted on 10/23/2002 6:48:42 PM PDT by Windshark
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To: Tumbleweed_Connection
High-level members of the Bush administration said Lay called asking for help while he fought to keep Enron out of bankruptcy, but they said they did nothing and that the president knew nothing about it.

Sounds like Schultz from Hogan's Heroes. They knew nothing, nothing. BTW thanks for the millions in contributions from you and your friends, Kenny Boy.

Why the secrecy regarding administration meetings with oil interests? Reminds me of Hillary and health care.

36 posted on 10/23/2002 7:03:10 PM PDT by UnBlinkingEye
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To: Arthur Wildfire! March
Almost all give to both sides although most give to one side more than the other. Bribers tend to hedge their bets but they certainly expect somthing for their money.
37 posted on 10/23/2002 7:47:46 PM PDT by stalin
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To: stalin
Put up or shut up. What has Bush done that was improper in exchange for money? Surely you know and aren't just mouthing off, right?
38 posted on 10/23/2002 7:54:02 PM PDT by Rodney King
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To: spycatcher
Yes. Up until about a year ago, you couldn't be in most energy markets and not trade with Enron. In many cases it was the market.
39 posted on 10/23/2002 7:56:32 PM PDT by No Left Turn
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To: deport
It's true that there is very very little difference particularely when it comes to foriegn policy. If it's a democrat the republicans opose his policy if it's a republican the democrats opose his policy but the policy itself is vitually identicle.

If Bush was in office durring Kosovo , Bosnia and trying to kill Bin Laden after the embasy bombings republicans would have suported military action unflinchingly. Because it was Clinton they oposed it. If Clinton were in the white house right now you'ld see many of the Republicans on this site and in Congress that suport military action now whinning "wag the dog" , like when Clinton tried to kill Bin Laden , and far fewer Democrats would be oposing it.
40 posted on 10/23/2002 7:57:45 PM PDT by stalin
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To: Arthur Wildfire! March
You forgot Clinton
41 posted on 10/23/2002 7:58:57 PM PDT by stalin
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To: stalin
stalin. You have a great screen name. Fortunately you do not have the power that Stalin had, and obviously, your lack of logic points to the fact that you are not a brain surgeon.
42 posted on 10/23/2002 7:59:59 PM PDT by oldtimer
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To: Arthur Wildfire! March
Was this site around durring Iran-Contra ? I don't think so considering it happened durring the Reagan admin and the internet as it is now was still classified military technology.
43 posted on 10/23/2002 8:01:32 PM PDT by stalin
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To: Arthur Wildfire! March
Stalin shot his officers way before Hitler invaded. Yes he was a very paranoid magalomaniac. I don't belive in most conspriacies myself. They can't last. Somone always blows the whistle.
44 posted on 10/23/2002 8:04:45 PM PDT by stalin
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To: Prentice
[To: stalin

I didn't think anyone was actually this stupid....]


He gets this stuff from Bartcop.com I bet.

45 posted on 10/23/2002 8:10:12 PM PDT by Missouri
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To: stalin
Just curious... You don't fly a state flag on your profile page. Are you a U.S. citizen or a citizen of another country? Nothing personal but curious as your spelling indicates maybe someone from outside the U.S. (now watch my spelling be screwed up.. lol

Yep the loyal opposition is part of the structure of government under which this country operates.

46 posted on 10/23/2002 8:13:58 PM PDT by deport
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To: section9
One of the good things about being Stalin is all the nice pictures people post for you.

When a conservative accepts soft money, it's a bribe. When a liberal accepts soft money, it's constituent service

I disagree. When a dem whether , liberal or not , accepts a bribe it's a bribe. When a Rep , liberal or not , accepts a bribe it's a bribe. Until Bush , Clinton set the record for accepting bribes. He was scum. I'm still waiting to see what Bush will do for all of these bribes.

I bet I'm more conservative than you and a republican. I doubt that you know what conservative means. That doesn't mean that I'm blind to hypocracy.

47 posted on 10/23/2002 8:15:53 PM PDT by stalin
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To: M Kehoe
I only trash Bush when he deserves it. I also trash Clinton and anyone that deserves it.

I voted for his father and Reagan twice. Reagan was a great president but Bush Sr turned out to be a poor president so I was skeptical of his son. I was hoping that he had learned form his fathers mistakes. He hasn't yet demonstrated that he has.

If he takes Iraq properly and occupies it like we should I will suport him in the future. For now he still hasn't proved himself. The way we pussed out is Afganistan was very sad. It will come back to haunt us just like leaving Sadam in power has come back to haunt us.
48 posted on 10/23/2002 8:21:25 PM PDT by stalin
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To: TC Rider
read post 47
49 posted on 10/23/2002 8:24:27 PM PDT by stalin
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To: stalin
I bet I'm more conservative than you and a republican. I doubt that you know what conservative means. That doesn't mean that I'm blind to hypocracy.

Bullshit. You are about as conservative as Terry McAuliffe.

It does not follow from the fact that when a candidate is taking a soft-money contribution, he is taking a bribe.

Only liberal Democrats think that way, and you sir, are a liberal Democrat. You are NO conservative. Conservatives believe in freedom of speech. Campaign contributions are a form of freedom of speech, no matter what John McCain says. Call it a "bribe" till the cows come home, but saying so does not make it so.

Your line of thinking tells me all I need to know about you. Now run along. You're fooling no one here.

Be Seeing You,

Chris

50 posted on 10/23/2002 8:26:57 PM PDT by section9
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