HYSTERICAL: Former Enron Adviser Paul Krugman Claims We ‘Absolutely Should Politicize the Weather’
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NewsBusters ^
| 7/19/2023 | Joseph Vazquez
New York Times blowhard economics writer Paul Krugman apparently didn’t sense the stupidity in pontificating to readers about the supposed need to “politicize” the weather. Yes,
you read that right. Krugman took a pit stop from his usual Keynesian blather on economics to go on another ridiculous climate change rant in a July 17 op-ed headlined, “Why We Should Politicize the Weather.” The self-aggrandizing economist kicked up a stink over Republican presidential candidate Ron DeSantis’ recent statement that he “‘always rejected the politicization of the weather.’” But in Krugman’s pseudo-intellectual worldview, “we absolutely should politicize the weather.” In fact, he...
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Silicon Valley Bank meltdown sparks contagion fears: ‘We found our Enron’
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NY Post ^
| March 10, 2023 | By Ariel Zilber
Fears of a broad financial contagion spread on Friday after tech lender Silicon Valley Bank set off alarm bells over liquidity concerns — sparking share losses across the banking sector worth some $52 billion on Thursday. Peter Thiel’s venture capital firm Founders Firm advised clients to withdraw their deposits from Silicon Valley
Bank — despite the fact the lender has been a mainstay for tech startups for decades, according to Bloomberg News. Bill Ackman, the billionaire hedge fund manager, called on the US government to step in and bail out Silicon Valley Bank. Michael Burry, the eccentric investor featured in...
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Never seen "such a complete failure" of corporate controls, says new FTX CEO who also oversaw Enron bankruptcy
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CNBC ^
| 17 November 2022 | Rohan Goswami
Newly appointed FTX CEO John Ray III...wrote that part of his remit would be to implement controls and basic corporate standards such as "accounting, audit, cash management, cybersecurity, human resources, risk management, data protection and other systems that did not exist, or did not exist to an appropriate degree, prior to my
appointment."
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Crypto giant FTX files for bankruptcy after $32B collapse: Vegan CEO Sam Bankman-Fried, 30, resigns in disgrace in the face of SEC probe as lawyer who oversaw Enron liquidation takes over
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UK Daily Mail ^
| November 11, 2022 | Keith Griffith
FTX, the troubled cryptocurrency exchange, has filed for bankruptcy after a stunning financial implosion exposed concerns about its handling of customer funds and rocked broader crypto markets.
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Republicans Should Challenge Enron's Global Warming Scam
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Global Warming religion ^
| October 2, 2020 | Reasonmclucus
President Donald Trump should stop letting Democrats get away with treating Enron's global warming scam as a valid scientific theory. His
response to the "climate change" debate question was weak. He needs to discredit the theory. Republicans need to charge Congressional Democrats with supporting the crooked energy corporations that benefit from Enron's global warming scam. Weather Channel founder John Coleman calls global warming "the greatest scam in history." Lawrence Solomon published an expose' in the May 30, 2009 Financial Post detailing how the Enron corporation paid scientists and environmental groups to falsely claim increases in carbon dioxide would increase global...
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Enron's Global Warming Scam Lives on
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Global Warming religion ^
| September 23, 2020 | Reasonmclucus
Remember Enron, the corrupt firm whose failure should have disproved the myth "too big to fail", but didn't? At
the time it was the seventh largest corporation. It's bankruptcy was the largest in history until Lehman Brothers failed. Incidentally, Lehman Brothers was also involved in carbon trading. Enron owed part of its early success to emissions trading. Basically emissions trading was established as a way for some companies to profit from pollution while allowing some companies to continue to produce the chemicals that can cause acid rain. Lawrence Solomon, executive director of Energy Probe has reported that Enron played a...
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Drudge Bleeds Out as Conservatives Flee; Rapid Decline Parallels the Enron Model
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truepundit.com ^
| Nov 13,2019
Web traffic continued its dramatic spiral for Matt Drudge’s news aggregate site in October and at this point, the negative numbers are beginning to resemble one of the models employed to predict corporate disasters. One
of the things you learn as a Ceritifed Fraud Examiner is forensic accounting and modeling and Drudge’s recent and quick mud slide of web traffic is starting to look like the Enron model. And that obviously is not good. It is a good thing Drudge is not working in corporate America or running a publicly-traded entity. He would be in deep trouble. Drudge’s overall web...
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Explosive New Documents Reveal Andrew Weissmann’s Misconduct In Enron Case
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The Federalist ^
| 5 March 2019 | Margot Cleveland
...The now unsealed records expose efforts by Weissmann, and the Enron Task Force he led, to intimidate witnesses and to interfere in the attorney-client relationship of a cooperating witness. Several
affidavits unsealed last week catalogued veiled threats made to witnesses the Enron defendants sought to interview. However, because many of the attorneys would speak only off the record to Enron’s attorneys, the courts refused to consider the affidavits sufficient to prove prosecutorial misconduct.
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Can President Trump Prosecute Those Perpetuating Crooked Enron's Global Warming Scam?
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Janitor's view ^
| 01/07/19 | Reasonmclucus
Most of this was previously posted. Some
of the links may no longer work.]. Lawrence Solomon, executive director of Energy Probe and Urban Renaissance Institute, has reported that Enron played a major role in pushing the global warming scam, including establishing the Kyoto Protocals. Enron had already profited from trading sulfur dioxide credits and saw the potential for even greater profits from trading what would become known as "carbon credits". The article is the first in a series of articles about those who seek to profit from what Weather Channel founder John Coleman calls "the greatest scam in history." It's...
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John Arnold Made a Fortune at Enron. Now He's Declared War on Bad Science
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Wired ^
| 1/22/17 | Sam Apple
The Reproducibility Project, meanwhile, swelled to include more than 270 researchers working to reproduce 100 psychology experiments—and in August 2015, Nosek revealed its results. Ultimately
his army of volunteers could verify the findings of only about 40 percent of the studies. Media reports declared the field of psychology, if not all of science, to be in a state of crisis. It became one of the biggest science stories of the year.
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Authors: Enron's Lay, HP's Fiorina were wannabe wizards (2006)
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Salt Lake Tribune ^
| 4/30/06 | Cecil Johnson
Color Ken Lay a ''wannabe wizard.'' That's
a species of leader notched between the ''harmful wizard'' and the ''authentic wizard'' among kinds of leaders classified in Lee G. Bolman and Terrence E. Deal's intriguing new book, The Wizard and the Warrior. The authors also put former Hewlett-Packard Chief Executive Carly Fiorina in that category. ''Unlike authentic wizards, whose magic breathes spirit and soul into an enterprise, wannabe wizards have great intentions but limited ability to create a meaningful organization or transform one in trouble,'' the authors say. -snip- Where Lay was too hands-off, Fiorina appears to have been too hands-on,...
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The Influence of Fiorina at Lucent, in Hindsight (Enron-style accounting fraud...)
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NY Times Dealbook ^
| 9/21/15 | Andrew Ross Sorkin
As Carly Fiorina has risen in the polls over the last week, there is renewed focus on her controversial tenure as chief executive of Hewlett-Packard. Yet her career at Lucent Technologies has been treated as little more than a footnote. It
shouldn’t be. “My story — from secretary to C.E.O. — is only possible in this country,” Mrs. Fiorina likes to say on the hustings. In between her stint as a receptionist for a real estate company in the late 1970s and her being named Hewlett-Packard’s chief executive in 1999, Mrs. Fiorina worked for nearly 20 years at AT&T and...
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Clinton Foundation 'could Enron' PricewaterhouseCoopers
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WND ^
| June 15, 2015 | Jerome Corsi
A respected Wall Street analyst who has been investigating the Clinton Foundation’s finances alleges the “Big Four” accounting firm PricewaterhouseCoopers was a willing participant in a scheme by the Clintons and their associates to become personally enriched by the foundation, a crime known as inurement. Charles
Ortel, a frequent guest on Bloomberg television and a contributor to the Washington Times and others, says in a draft report that he found “the PWC accounting work product for 2013 is riddled with uncorrected errors and falsehoods” as well as procedural defects so severe he has raised the possibility “the Clinton Foundation might...
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Jerome R. Corsi : Clintons 'could Enron major accounting firm'
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WND ^
| June 15, 2015 | Jerome R. Corsi
A respected Wall Street analyst who has been investigating the Clinton Foundation’s finances alleges the “Big Four” accounting firm PricewaterhouseCoopers was a willing participant in a scheme by the Clintons and their associates to become personally enriched by the foundation, a crime known as inurement. Charles
Ortel, a frequent guest on Bloomberg television and a contributor to the Washington Times and others, says in a draft report that he found “the PWC accounting work product for 2013 is riddled with uncorrected errors and falsehoods” as well as procedural defects so severe he has raised the possibility “the Clinton Foundation might...
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Supreme Court Rules Against Prosecuting Fisherman Under Post-Enron Anti-Shredding Law
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National Association of Criminal Defense Lawyers ^
| 02.25.15 | Ivan J. Dominguez
Washington, DC (February 25, 2015) – This morning, the U.S. Supreme Court issued its opinion in Yates v. United
States. This case highlights the problem of overcriminalization and specifically the dangerous consequences stemming from prosecutorial expansion of the laws passed by Congress. In Yates v. United States, the Court today rejected the government's use of an overly broad interpretation of a post-Enron anti-shredding statute (18 U.S.C. §1519), a statute that provides for up to a 20-year prison sentence, to prosecute a fisherman for the disappearance of some undersized fish from his shipping vessel. While the dissent differed in its interpretation...
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Hillary Clinton’s Next Speech Hosted by Foreign Bank Accused of Aiding Enron Fraud
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Editor's Blog-Washington Free Beacon ^
| January 19, 2015 | Andrew Stiles
On Wednesday, for example, Clinton will continue quest to become more relatable by speaking at an event hosted by the Canadian Imperial Bank of Commerce, a Toronto-based institution that has been the subject of multiple U.S. investigations into fraud and other financial transgressions, including helping the notorious Enron energy company to
mislead investors. McClatchy reports: In 2003, the Canadian Imperial Bank of Commerce settled a case with the Securities and Exchange Commission for $80 million for allegedly helping the Enron energy company mislead investors through a series of transactions over a period of several years, according to the SEC....
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White House Goes Enron: Boosts GDP for 3rd Quarter?
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Townhall.com ^
| November 29, 2014 | John Ransom
Boy this economy is really humming along now.That’s what happens during an election year when the administration decides to accelerate federal spending in the 3rd quarter so that they can make the economy appear more buoyant than it really is.The latest release from the Commerce Department tells the story: “Real federal government
consumption expenditures and gross investment increased 9.9 percent in the third quarter,” reports the Bureau of Economic Analysis, “in contrast to a decrease of 0.9 percent in the second. National defense increased 16.0 percent, compared with an increase of 0.9 percent. Nondefense increased 0.4 percent, in contrast to...
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