-Caveat Lector-

http://www.newmassmedia.com/nac.phtml?code=wma&db=nac_fea&ref=19066

last article on the web page

Bush and Enron Go a Long Way Back
President George W. Bush is eager to distance himself from Enron these
days....

Since Enron's bankruptcy has done thousands of employees out of their life
savings, The Nation has revived an article from 1994 about how W. used his
family name some years earlier to try to persuade the government of Argentina
to let Enron build a pipeline through that country. The incident was also
reported two years ago in Mother Jones.

In 1988, just after his father had been elected president, the younger Bush
called Argentine Minister of Public Works and Services Rodolfo Terragno, who
later described the conversation to Nation editor David Corn. At the time,
the Argentine government was discussing the possibility of building a
pipeline through the country to carry natural gas to Chile. Enron wanted to
build the pipeline, but was annoying Terragno with requests to buy natural
gas from Argentina's state-run gas company at cut-rate prices, and the
proposal Enron had written was shoddy and incomplete. Terragno put them
off.....

Terragno's statements show that W.'s friendship with former Enron CEO Ken Lay
is only the tip of the iceberg of the Bush family's relationship with Enron.
They also show that the family's ties to the energy industry are so
far-reaching that much of the truth about them lies outside the United
States.


http://groups.yahoo.com/group/ctrl/message/13367

Charges of collusion with Enron, big losses raise questions about J.P.
Morgan's judgment
By E. Scott Reckard Los Angeles Times  February 1, 2002
In the rubble of recent financial collapses, one prestigious institution
seems especially
vulnerable: J.P. Morgan Chase & Co., the nation's second-largest bank.  The
New York company, a lead lender to Enron  Corp., Kmart Corp., and
telecommunications  firm Global Crossing Ltd., is at risk of  losing billions
in dealings with bankrupt  firms, as well as losing heavily in  Argentina's
economic meltdown.

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