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Tuesday's Enron Developments 02/05/02
http://www.washingtonpost.com/wp-dyn/articles/A29760-2002Feb5.html
The Associated Press
Tuesday, February 5, 2002; 10:54 PM
Enron developments on Tuesday:
–Committees in both the House and Senate decide to subpoena former Enron
Chairman Kenneth Lay to appear next week to tell what he knew of Enron's
complex financial dealings. Lay is expected to keep his silence and plead
the Fifth Amendment.
–President Bush calls the Enron scandal "a business problem" that can be
handled by the Justice Department as congressional Democrats press their
argument for a special prosecutor to investigate Enron and possible ties
to his administration.
–The Justice Department says it sees no reason to appoint a special counsel
because "no person involved in pursuing this investigation has any conflict
or any ties that would require a recusal."
–An Enron board member, testifying before a House subcommittee, describes
how Enron used special partnerships to allow a small group of executives to
reap tens of millions of dollars while hiding Enron's losses and debt.
"It's a pure example of corporate greed," said Rep. Ed Whitfield, R-Ky.
–Lawmakers grill the head of Enron's former accounting firm and question
why auditors did not challenge Enron's questionable transactions. "You
have squandered the integrity of your company," Rep. Gary Ackerman bluntly
told Joseph Berardino, chief executive of Arthur Andersen, the accounting
firm.
–Former Enron employees describe their financial ruin after their retirement
savings all but vanished when Enron's stock became virtually worthless.
"This isn't right," Deborah Perrotta told a Senate committee as she wept
while relating the loss of $40,000 in savings.
–Lawmakers express disbelief that Lay did not know of the questionable
transactions involving his company. If he didn't, said Sen. Peter
Fitzgerald, R-Ill., Lay may have been "the most out-to-lunch CEO in
America."
–A Connecticut agency votes to subpoena documents from Arthur Andersen,
the first issued to the accounting firm by any state regulatory board in
connection with the Enron bankruptcy.
–The Houston Astros asked the judge overseeing Enron's bankruptcy to decide
if the baseball team must continue its naming and license agreement with
the company for Enron Field.
© 2002 The Associated Press
Enron CEO Felt 'Betrayed,' Panel Told
http://www.washingtonpost.com/wp-dyn/articles/A29662-2002Feb5.html
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WINOKUR AND DYNCORP & Powers/Winokur Report:
As Federal investigations swirl around Winokur and other board members,
doubt has been raised about the viability of independent investigation,
given Enron's enormous political clout, Winokur's leading role in the
company that manages information systems for many of the investigative
agencies raises a special set of concerns.
Winokur owes much of his wealth to his role in reconstructing Dyncorp,
one of the Federal government's largest private contractors. He is a
former Dyncorp chairman and remains a director of the company. At
present, Dyncorp manages e-mail and information systems for the
Department of Justice, the Securities and Exchange Commission and
the Federal Bureau of Investigations.
Investigators are reportedly concerned that Dyncorp's control of agency
information systems could compromise their investigations of Winokur
and Enron. Harvard Watch Org. See Full Report
http://www.harvardwatch.org
REPORT OF INVESTIGATION BY THE PECIAL INVESTIGATIVE COMMITTEE OF THE
BOARD OF DIRECTORS OF ENRON CORP. February 1, 2002
http://news.findlaw.com/hdocs/docs/enron/sicreport/index.html
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t r u t h o u t | 02.06
Waxman Letter Cheney | EPA Memo
http://www.truthout.com/02.06A.Waxman.VP.htm
Sen. Hollings Calls for Special Procuter, Calls Bush/Enron "cash 'n'
carry" (Full Statement)
http://www.truthout.com/02.06D.Enron.PC.htm
Enron | Talk of Crime Grows Louder, Spurred by Report
http://www.truthout.com/02.05A.Enron.Crime.htm
At 11th Hour, Lay Says He Won't Testify
http://www.truthout.com/02.05B.Lay.No.htm
Radio Address by House Democratic Whip Nancy Pelosi
http://www.truthout.com/02.05C.Pelosi.Radio.htm
Enron Executives May Seek Immunity
http://www.truthout.com/02.04B.Enron.Immunity.htm
Court Tells Cheney to Explain Task Force Secrecy
http://www.truthout.com/02.04C.Court.Cheney.htm
ENRON-BUSH-HARVARD-WTC-OIL-CONNECTION
http://www.apfn.org/apfn/enron_bush.htm
In June 1996, four days before India granted final approval to Enron's
controversial $3 billion power-plant project, Enron's gave $100,000 to
President Clinton's party.
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BBC Interview conducted by Greg Palast - Re: 911
http://disc.server.com/Indices/149495.html
The Threat of Global Terrorism
http://disc.server.com/Indices/149495.html
"WE ARE APT TO SHUT OUR EYES AGAINST A PAINFUL TRUTH...
FOR MY PART, I AM WILLING TO KNOW THE WHOLE TRUTH;
TO KNOW THE WORST; AND TO PROVIDE FOR IT."
---- Patrick Henry
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