Enron's Fall & Culture of Secrecy [Great summary]

WSJ, subscription only, no url | 12/5/01

[IncPen]

Positively Clintonian

[lelio]

Wow! Thanks for the post.
Chewco? What kind of name is that?

[NativeNewYorker]

Chewco is named after Star Wars' Chewbacca. The perp who set up the firm is a Star Wars fan.

[Elihu Burritt]

No wonder Cheney is hiding most of the time. The other boot will fall before too long no doubt.

[lelio]

They sullied Chewy's good name. For that they must pay.

[_Jim]

Thanks for posting this ...

[lelio]

Are the officials of the company *personally* liable for their actions? For example if you sign up as the trustee of a 401k plan I believe that the feds can come after you if there is some monkey business going on.

[BluesDuke]

Positively Clintonian

And, among other things Houston Astros fans are going to have to come up with some new smart@$$ nicknames for that lovely new ballpark in which their team plays, if Enron's collapse also means they'll not be able to keep the naming rights to that lovely new ballpark. I mean, there go the smart@$$ nicknames for Enron Field, like Ten Run Field or Home Run Field...

[bribriagain]

Mr. Lay "lay lady lay, lay it on my brass bed" last words were: "would you like to supersize that order?"

[The Duke]

Here are the most important words in the above article...

The company had transactions with certain partnerships that were run by its own officers -- but treated by Enron as separate. It offered only murky and fragmented information about these partnerships.

[AntiScumbag]

No wonder Cheney is hiding most of the time

ahhhh, cheney was ceo of halliburton, an oil service company, as in drilling rigs

enron was a nat gas pipeline company that became primarily an electronic trading company, and to which cheney has no connection i've ever heard of

all of these guys probably know each other from both the "oil" business and politics, but i rather doubt there is any "boot" to come other than that some of the enron boys will probably see the inside of club fed

[Elihu Burritt]

Cheney and some guy named Bush collected a chunk of campaign money for Enron, and Cheney has refused to answer all questions on certain dealings between the Bush Administration and Enron for some time now. Folks from Enron have also found posts in the Bush administration.

[AntiScumbag]

Cheney and some guy named Bush collected a chunk of campaign money for [from?] Enron

ken lay gave, ken lay raised, enron gave, as they were all entitled to do, and all of that is old news and public record, so unless cheney was some sort of bagman for illegal money (which i would rate the chance of at zero), this statement isn't even a bunny slipper, nevermind a boot

Cheney has refused to answer all questions

from whom?

on certain dealings between the Bush Administration and Enron

which dealings?

for some time now

for how long?

Folks from Enron have also found posts in the Bush administration.

who and which posts? and since when would political appointees related to contributors who haven't been demonstrated to have benefited get more than a yawn?

all smoke and no fire so far

the press can yell and scream all they want, no quid pro quo, no boot

[NativeNewYorker]

AFAIK NO ONE from Enron actually got political appointments in the Bush Administration. Lay was involved in the transition, as major donors often are, but I don't think any actual spots were given to his henchmen.

[GotMojo]

Obviously relted to the reference to JEDI

[Elihu Burritt]

A FAIK? Here's what the other side expects Cheney to answer to.

[NativeNewYorker]

Thanks for the link.

The connections will play well among those predisposed to hype and grandstand, but will not stand up to grownup scrutiny.

The Bushies, from what I've read, aren't even returning phone calls from Enronites.

[cibco]

Cheney and some guy named Bush collected a chunk of campaign money for Enron, and Cheney has refused to answer all questions on certain dealings between the Bush Administration and Enron for some time now. Folks from Enron have also found posts in the Bush administration.

Enron also gave about the same amount ($100,000+/-) to the Clinton campaign in 1996. This was pointed out to you (along with the posted documentation) on a thread you were on a few days ago. Do a self-search for the thread. I know it's bad when the old memory starts to go...

[Elihu Burritt]

After clinton lied like a rug you think any self respecting citizen should be held to a higher standard? Get real.