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Enron Bankruptcy "Bombshell"
CBSNEWS ^ | Friday, January 11, 2002

Posted on 01/11/2002 3:09:16 AM PST by JohnHuang2

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To: Blagden Alley
This is another one week wonder as a political story.

It was slow in August, gathering steam in October as the stock continued to tank, getting a full head in November as the stock really dived, and further in December with the bankruptcy...with more revelations practically daily since then.

Quite the "one-week wonder," as it's been playing for four months now and shows no sign of abating!

81 posted on 01/11/2002 6:44:32 AM PST by TwakeIDFins
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To: Lee'sGhost
If the dims are so damned scared, why are they running at break-neck speed to embrace it?

"Dims" says it all. This Enron thing is going to blow up in the face of the Democrats and GWB will come out looking great.

82 posted on 01/11/2002 6:58:40 AM PST by connectthedots
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To: JohnHuang2
Enron gave 667,000 dollars to Democrats in the last election cycle.

AND

-Lloyd Bensten, Clintons first treasury secretary was a recipient of Enrons largesse. At the time of his campaign for Senate, he received the second largest donation from Enron according to the Center for Responsive Politics.

-Robert Rubin, Benstens successor, was involved with Enron while he worked as an investment banker Goldman & Sachs. Clinton first hired Rubin to head his National Economic Council. Soon afterwards, Rubin wrote on Goldman Sachs stationery to former clients, including Enron, in which he ''looked forward to continuing to work with you in my new capacity.''

-In Aug. 1993, McLarty arranged an invitation for Lay to play golf with Clinton in Vail, Colorado. This date irritated Oscar White, chief executive of Coastal, another natural gas company that had helped the Clinton election campaign raise funding. These connections to the Democratic administration have helped Enron considerably -Ken Silverstein Counterpunch

-Clinton officials publicly helped Enron win the contract in India as well as in Indonesia. Enron had received U.S. government funds to build power plants in China, the Philippines and Turkey. Enron also won contracts in Pakistan and Russia while accompanying senior U.S. government officials on state trips. In June 1996, four days before India granted final approval to Enron's project, Lay's company gave $100,000 to the DNC.

-According to the Houston Chronicle, Enron got permission to build a pipeline from Mozambique to South Africa after National Security Adviser Anthony Lake threatened to withhold aid to Mozambique if it didnt approve the project.

-The bulk of Enron's alleged chicanery had to have happened during the Clinton administration.

- Lee. P Brown (D) of Houston received $250,000 just before Enron filed Chapter 11. Enron campaigned against the conservative candidate for mayor.

-Kenneth Lay hired the firm of Clinton's former chief of staff Mack McLarty.

-The Center for Responsive Politics lists Democratic Senators Chuck Schumer of New York, John Breaux of Louisiana, and Jeff Bingaman of New Mexico--chair of the Senate Energy Committee--among the top beneficiaries of Enron's political donations

-Kenneth Lay retained as his top D.C. lobbyist Linda Robertson, a Democrat who worked for the Clinton Treasury Department.

-Dynegy greased Henry Waxman's palms with thousands of dollars.

-Democratic Senatorial Campaign Committee received three checks from the Houston-based energy and trading giant totaling $100,000. Karen Denne, an Enron spokeswoman, said the company had a record of two checks written to the committee -- dated Sept. 24 and Nov. 2

- No. 20 on the Enron money list since 1989 is the Senate's leading Democrat, Tom Daschle of South Dakota.

-Enron was apparently a big backer of the Kyoto Treaty .

83 posted on 01/11/2002 7:14:11 AM PST by wattsmag2
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To: JohnHuang2
Enron, its employees and directors have given $623,000 to President Bush during his political career, from 1993 to November 2001

Is that all over the course of 8 years? I would be curious to know how much Enron gave to x42 and his crew during the same time period. You notice THAT is never mentioned in any of these stories because they are too intent on trying to nail Dubya!

84 posted on 01/11/2002 7:50:00 AM PST by SuziQ
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To: SuziQ
I would be curious to know how much Enron gave to x42 and his crew during the same time period.

No need to wonder. Visit www.opensecrets.org and get all the details.

85 posted on 01/11/2002 7:59:54 AM PST by Looking for Diogenes
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To: Looking for Diogenes
Rush was talking about just this thing earlier. Will probably have all the details on his website soon.
86 posted on 01/11/2002 11:22:26 AM PST by Lee'sGhost
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Comment #87 Removed by Moderator


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