51 Senate Committee Subpoenas Due Today in Enron Probe

CNN ^ | January 11, 2001 1:59 EST | John King, Susan Candiotti and Kelly Wallace

[umbra]

A Senate subcommittee will send out 51 subpoenas Friday for information about the company's collapse.

The Senate Governmental Affairs Committee's Permanent Subcommittee on Investigations will be seeking documents back to 1991.

No names of those recieving subpoenas are being released but it is known Enron's Chairman and CEO Kenneth Lay and former CEO Jeff Skilling are on the list.

[umbra]

Lieberman setting up the story to run over the weekend?

[Tallguy]

"51 pickup?"

[Alberta's Child]

I wonder how this is going to work out -- 51 subpoenas are sent out by an institution that doesn't have the moral authority to demand truthful testimony from anyone.

[Wyatt's Torch]

Fine. As Commerce Committee chairman, he certainly has the right. Again, what does this have to do with Bush?

[TRY ONE]

List should be easy...go to Federal Inside Trader Form 144 and take a look at all the instant multi-millionaires from March - October 2001.....and there are ~ 51+ rich boys & girls.

[snakebitevoter]

There's nothing to hide! Stocks go up and stocks go down. Shareholders have to expect some risk. If they hold onto their stock, maybe it will go back up again, just in time for the November elections!

[Sender]

From Enron's "who we are" section of their website:

It's difficult to define Enron in a sentence, but the closest we come is this: we make commodity markets so that we can deliver physical commodities to our customers at a predictable price. It's difficult, too, to talk about Enron without using the word "innovative." Most of the things we do have never been done before.

I'll wager to say that most of the things they do will never be done again, either ;)

[ao98]

Are these 51 subpoenas going to the the 51 Democrat Senator's who received campaign money from Enron? Somehow I doubt it.

[Pete]

Lieberman setting up the story to run over the weekend?

Maybe the story should be that Lieberman's biggest campaign contributor is Enron's larget unsecured creditor. Citigroup, which has been Lieberman's top contributor since 1998, is on the hook for $3 billion thanks to unsecured loans to Enron.

[Eva]

It has nothing to do with Bush, but the Democrats are going to make sure that it appears to be linked to Bush. All the real dirt will be swept under the rug unless we get it out there.

[angkor]

Enron's Campaign Contributions, 1989-2001- Senate & House

[Redleg Duke]

Isn't it amazing how speedy and efficient those DemocRATS can become when the target isn't their own corrupt president!

[Eva]

Actually, there were some early ties to Bush,Sr. and Kuwait. Enron did not pursue the project, there, however. My guess is that Lieberman plans to start in '91 and them skip to 2001. He is probably calling Jim Baker, the Bush sons, Wendy Gramm and every other Republican with which Enron had dealings.

[Askel5]

setting up the story to run over the weekend?

I suspect the story will run FAR longer than that.

Gives the media a chance to soft-pedal the "WAR ON TERROR" report to a mere sidebar now that the First of the gabillion dollar checks have been cashed.

[AMMON-CENTRIST]

Somebody explain this Enron thing and its connection to Bush or any government leader??

[xzins]

Two thoughts:

1. If any of our people actually did anything wrong, then they should answer for it. Being a republican doesn't earn you a "Get out of jail free" card with me.

2. I will support the principal of innocent until proven guilty, and therefore, any on our side accused, until the cows come home. I'll not abide low-life slander, innuendo campaigns run throught the liberal media.

[brbethke]

That is an interesting fact.

[Wyatt's Torch]

Thing is, the financial structures were so complex that many Wall Street analysts couldn't understand them. how in the world could anyone expect the American sheeple to understand them? Unless they have records of Bush administration selling Enron shares short, this is, politically, a non-event.

[concerned about politics]

seeking documents back to 1991.

Hmmm. Right through the Clinton Administration? Well...White house coffees, Indonesian tech sales...who knows what other good democrat connections we'll hear about.

BTW...The Clinton/Lewinski full report is due to come out today.

[angkor]

Maybe they can subpoena each other, then go after the House:

Jean Carnahan (D-Mo) $1,000
Robert G. Torricelli (D-NJ) $1,000
Ted Stevens (R-Alaska) $3,000
Pete V. Domenici (R-NM) $12,000
Thad Cochran (R-Miss) $3,000
Robert F. Bennett (R-Utah) $8,053
Jim Bunning (R-Ky) $769

Ken Bentsen (D-Texas) $42,750
Sheila Jackson Lee (D-Texas) $38,000
Martin Frost (D-Texas) $24,250
Charles W. Stenholm (D-Texas) $14,439
Chet Edwards (D-Texas) $10,000
John D. Dingell (D-Mich) $9,000
Edward J. Markey (D-Mass) $8,500