To: xsysmgr
Didn't one of Citigroup's last loans to Enron in 2001 involve converting some of Enron's prior debt to Citi from unsecured to secured? I don't see how that could be anything other than a preference that can be voided. But is it also a fraudulent conveyance? And can the other creditors sue to have the conversion voided?
start e-mailing foxnews and asking them to step up the Citigroup coverage. There are complete lists of e-mail addresses on their website.
To: aristeides
Interestingly, the chairman of Enrons finance committee board is Herbert Pug Winokur, the former Chairman of the Board of DynCorp. Tied to Winokur through Harvard Universitys endowment board is Dudley Mecum who currently sits on the board at DynCorp. Mecum, an Enron director is also a director of Citicorp. Through Citicorp Mecum is tied to former Clinton Treasury Secretary Robert Rubin. When Enron executives started dumping stock, and the warning signs that Enron was in deep trouble were everyone except on the evening news, Winokur and Rubin called Peter Fisher, the current undersecretary of the Treasury to determine the practicality of artificially supporting Enrons credit rating in order to enable Enron to borrow enough money to stave off bankruptcy.
Mecum - Dyncorp, Dynegy
Symbol |
Last Trade |
Change |
Volume |
DYN |
12:49pm |
1.39 |
-1.99 |
-58.88% |
15,770,800 |
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