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CITIGROUP BOMBSHELL: HELPED ENRON HIDE FINANCIAL CONDITION
http://www.drudgereport.com ^ | 7/21/02

Posted on 07/22/2002 8:01:03 PM PDT by The Chief

Intentionally manipulated written record of dealings with Enron: Senior Citigroup credit officers misrepresented '99 transaction in records of deal; Enron could ignore accounting requirements and hide true financial condition, the NY TIMES is planning to report on Tuesday, say sources... MORE... 'The paperwork cannot reflect their agreement,' according to one e-mail message written by James F. Reilly, a senior Citigroup loan executive in Houston, 'as it would unfavorably alter the accounting'... MORE...


TOPICS: Breaking News; Business/Economy; Crime/Corruption
KEYWORDS: citigroup; enron; lieberman; rubin
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To: SauronOfMordor
You seem to be right about the initial trading today.
181 posted on 07/23/2002 7:08:51 AM PDT by aristeides
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To: kcvl
Were Citigroup and Morgan betting that Enron was too big to fail? I bet it would have been, if Al Gore had been president.
182 posted on 07/23/2002 7:12:23 AM PDT by aristeides
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To: aristeides
Media is already covering up for Rubin, Citigroup, and the RATS.
183 posted on 07/23/2002 7:15:52 AM PDT by mwl1
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To: The Chief
Bump for later...
184 posted on 07/23/2002 7:41:16 AM PDT by eureka!
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To: mwl1
If the media is covering then The President needs to stand up and say what is going on to the people. Tell the American people what has been going on before the whole banking system fails.
185 posted on 07/23/2002 7:44:42 AM PDT by TLBSHOW
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To: aristeides; kcvl; TLBSHOW
Hmmm - I can't find it now - but it seems one of the info posts by our fabulous researchers, kcvl and TBLSHOW on this issue, had a post about the Saudi Prince who invested in Citigroup - and then the other story about this same prince who has passed away - the one who owned the Kentucky Derby winning horse, War Emblem? I am sure it's the same Saudi Prince - but let's nail it down. KCVL - do you have the article about the Saudi PRince investing in Citigroup - and I will search for the article about the Saudi Prince who died. Think they are the same. And, yes, there could be an assortment of bad guys who didn't like the Saudi Prince for an assortment of reasons. Then, again, people die of heart attacks every day. Especially if they have a connection to the Clinton Crime Family. We'll find out for sure if this connection did exist.
186 posted on 07/23/2002 8:42:55 AM PDT by Freedom'sWorthIt
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To: Freedom'sWorthIt
Then, again, people die of heart attacks every day.

Rarely, when they are 44 years old.

187 posted on 07/23/2002 8:46:47 AM PDT by Fred Mertz
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To: Freedom'sWorthIt
The Saudi prince who died (owner of War Emblem) is not the same prince as the Citigroup investor (who also was the prince who had his money returned by Guiliani). There are lots of princes in Saudi Arabia and ofteen their names are similar. These are two different men.
188 posted on 07/23/2002 8:46:48 AM PDT by Miss Marple
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To: Miss Marple
Oh - sorry for the mixup. I was reading the linked info by one of our best researchers and thought I read similar info about both Saudi princes. Will keep looking - and I was reading too fast, I am sure!
189 posted on 07/23/2002 8:52:52 AM PDT by Freedom'sWorthIt
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To: aristeides; All
Clinton's presidency seemed to be going down the tubes in late August '98, after his disastrous appearance on TV admitting that he had lied. Then he showed up in NYC, appeared at the UN and the CFR, and no doubt met with a lot of leaders of big finance, and his presidency gradually seemed to recover after that. I wonder what deals he struck.

In my opinion, what we're seeing is the collapse of what was supposed to be a 16-year plan. Remember, Gore was supposed to win in 2000, thereby propping up the Clinton machine for another eight years. Since Bush won, the wheels came out from under the machine, and the markets that Clinton manipulated (through a lax SEC and insider dealing) are now correcting.

-PJ

190 posted on 07/23/2002 9:01:04 AM PDT by Political Junkie Too
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To: mwl1
Yes they are. It is so evident as well. THEY DO NOT WANT TO TOUCH THIS STORY.
191 posted on 07/23/2002 9:04:44 AM PDT by My Favorite Headache
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To: Miss Marple
Forget it.

All you'll hear is: Houston, Houston, Houston... Houston, which is in Texas....
192 posted on 07/23/2002 9:10:17 AM PDT by El Sordo
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To: rintense
1999...

and who was President then???

No need to worry, the Rats will think of a way to spin-it as a Pres. Bush caused problem.

193 posted on 07/23/2002 9:24:59 AM PDT by demlosers
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To: demlosers
Heh. That dog won't hunt.
194 posted on 07/23/2002 10:14:33 AM PDT by rintense
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To: rintense; All
Citigroup is dirty, dirty, dirty. Read this article for the long-time tactics of these FOBs: Citigroup: Bankrupting Democracy
195 posted on 07/23/2002 11:53:01 AM PDT by TenthAmendmentChampion
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To: TenthAmendmentChampion
With all due respect money is money. The better always be some "dirty" money floating around, otherwise we will have a complete tyranny. WRT Citi -- this is what happens when dinosaurs get too big and old. One of those occassional times where the eiltes get their tickets punched.

I've been reading up on Chester A. Arthur lately. Pretty interesting stuff.

196 posted on 07/23/2002 11:59:48 AM PDT by bvw
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To: Political Junkie Too
A 32 year plan bore, hillary, and miss rodham jr...them himself again by popular acclaim.
197 posted on 07/23/2002 12:23:09 PM PDT by razorback-bert
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To: Freedom'sWorthIt
Indeed. Thanks for the heads up!
198 posted on 07/23/2002 2:26:08 PM PDT by Alamo-Girl
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To: Vidalia
you are the laugh source!
199 posted on 07/23/2002 6:09:49 PM PDT by restornu
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To: restornu
Bit of EOP humor perhaps, but do you have proof that these internal activities have not occured?
200 posted on 07/23/2002 6:30:41 PM PDT by Vidalia
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