-Caveat Lector- ..............................................................
>From the New Paradigms Project [Not Necessarily Endorsed] Note: We store 100's of related "New Paradigms Posts" at: http://www.msen.com/~lloyd/oldprojects/recentmail.html From: "Mike Hawkins" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Subject: Re: [CIA-DRUGS] Re: Baxter was "talking of hiring a bodyguard" Date: Sunday, January 27, 2002 12:05 PM At least the British press (I've been monitoring BBC, the Independent, and the Guardian/Observer) are treating this as an open case, rather than taking Joye Carter's totally discredited word for the cause of death. There also seems to be a willingness in the British press to ask a few obvious questions that lead to potentially damaging connections with the powers that be. On Sun, 27 Jan 2002 19:59:12 -0000 "econtv" <[EMAIL PROTECTED]> writes: i've ben told, by persisent investigators, that the british are way ahead of us on this, owing to enron's presence in an english scandal. --- In [EMAIL PROTECTED], Mike Hawkins <[EMAIL PROTECTED]> wrote: > What, he wanted a bodyguard to protect him from "suicide"? > > http://news.independent.co.uk/world/americas/story.jsp?story=116604 > The man who knew too much > Clifford Baxter was found dead with a gun in his car. He was a man under > pressure. Like other directors, he sold shares as the firm's losses were > hidden. He had documents; investigators wanted to speak to him. He was > talking of hiring a bodyguard. > David Randall > 27 January 2002 > Palm Royale Boulevard is not the kind of street where you expect to see > fancy sedans parked up at two in the morning. > The tree-lined road runs through Sugar Land, one of Houston's snazzier > suburbs. Everyone has off-street parking here, especially if they own a > brand-new Mercedes like the one the patrolling officer could see by the > kerb with its lights out. As he got closer he could make out a figure in > the driver's seat. He tried the door, but it was locked. It was only when > he broke the window that he discovered the body of J Clifford Baxter, > graduate of Columbia Business School, former Enron executive, and now the > very recently dead repository of knowledge about what really happened in > the biggest corporate scandal in history. > He had been shot in the head. Once. Beside him lay a gun and a note. We > now know the gun was a .38 calibre revolver. What we don't yet know is > precisely what the note said, but ABC television, quoting sources close > to the investigation into this apparent suicide, say it referred to Enron > and the pressures that were piling up on this happily married, > 43-year-old father of two and which built up in his mind until the one > way he could see out of it all was to put a bullet in his head. > And the pressures were considerable. The company he used to work for had > become the biggest ever corporate bankruptcy, and revelations were coming > daily about how its directors, Baxter among them, had hidden losses > offshore while selling shares for hundreds of millions of pounds. When > the share price collapsed, the staff's pensions were practically > worthless. There was politics, too. Enron threw money at politicians like > confetti at a wedding. Baxter, concerned about all this, had spoken out > in the Enron offices, and then left the firm suddenly last May. And > congressional investigations were under way. Officials wanted to speak to > Baxter and see documents still in his possession. He knew an awful lot. > That is why, according to colleagues, he was worried. He had briefed > lawyers, and, according to Jerry V Mutchlen, president of the charity > Junior Achievement of Texas, where Baxter sat on the board, "was > depressed and disappointed about all that had happened". Another former > business associate went further. Baxter, he said, broke down in tears > during a phone call two days ago. He was even, the businessman added, > "talking about perhaps needing a bodyguard". After all, he knew a lot. > Maybe more than anyone imagined. Until Enron imploded in the autumn, > Clifford Baxter seemed to be a man who had it made; more than £20m made, > in fact, from selling Enron shares alone. He lived with his wife, Carol L > Whalen, in a half-a-million-dollar colonial-style home in Sweetwater, > much the toniest part of Sugar Land, had a son of 16 and an 11-year- old > daughter, and was wealthy enough to fund a charitable foundation named > after him and his wife. It gave to causes such as a local Catholic church > and the Republican Party. He also had a 72-ft yacht, Tranquility Base, on > which he had spent much time since leaving Enron. He seemed, according to > Ross Tuckwiller, general manager of the Houston Yacht Club, happy there. > But he also knew a lot. Maybe that was why, according to friends, he was > planning to buy a faster boat and use it to travel. > It must have all seemed a far cry from the day in 1991 when the Columbia > MBA (top of the class of '87), then aged 32, joined a small energy > company called Enron. As it grew into one of the largest corporations in > America, Baxter rose quickly, becoming chairman and chief executive of > Enron North America before being named chief strategy officer for Enron > Corporation in June 2000 and then vice-president the following October. > He was an aggressive and sometimes successful deal-maker, but he also led > the acquisitions that became two of Enron's costliest errors: the > purchases of Portland General Electric and Wessex Water. According to > colleagues, he worked hard and played hard, taking his family to Disney > World every year. Enron president Jeff Skilling said he was well liked > for "his sense of humour and straightforward manner". Skilling was an > expert on Baxter's straight-talking. After all, according to a memo sent > to Kenneth Lay, the company boss and buddy of President Bush, by Enron > whistleblower Sherron Watkins, Baxter "complained mightily to Skilling > and all who would listen about the inappropriateness of our > transactions". She knew that he knew a lot. > By the time Watkins wrote this memo Baxter was three months into his > post-executive role with Enron. But although it was now his yacht and > family that saw most of him, he had not left Enron completely. Contrary > to initial reports, Baxter had been retained as a consultant and his > Enron pass was found on his body on Friday. His death was relayed to > Enron employees in a four-line email that made no mention of suicide. > His lawyers were also informed. On the morning of his death they had been > negotiating with congressional officials over their request to speak to > Baxter, see his documents and, possibly, have him formally give evidence > to the hearings now under way. Representative James C Greenwood, > Pennsylvania Republican and chairman of the House Energy and Commerce > Committee, said on Friday: "It seemed to us that he was a pretty highly > placed insider at Enron who had understood exactly what was wrong there." > A lot of people, you see, knew that he knew a lot. > But we won't know what he knew now. Along with the documents shredded by > the auditors from Andersen, the testimony of J Clifford Baxter will > remain one of the untold mysteries of the Enron affair, however far into > the recesses of George W Bush's administration and corporate America it > eventually reaches. > But Baxter's documents may yet speak for him, and the FBI is now > investigating his death. The real smoking gun on the seat of the Mercedes > parked on Palm Royale Boulevard may yet prove to be Baxter himself. After > all, he knew an awful lot. > The Wakeham link > The Tory who may have to talk > As the Tory minister who presided over the privatisation of the > electricity industry in the Eighties, Lord Wakeham was an obvious choice > as a director of Enron. > He has been far removed from Houston as the scandal has unfolded, but may > yet have to break his silence on the case and, as a shareholder and board > member, give evidence to a US Senate committee. > There is a particular desire to hear what he may say as a member of > Enron's audit and compliance committee, whose role was to see that proper > procedures were in place, including legal advice and auditing. The > committee relied upon expert advice, but its role in the affair has yet > to be fully explored. > Lord Wakeham was the political fixer of the Thatcher years whose wily > acumen earned him a cabinet post as secretary of state for energy. > Like many top politicians, Lord Wakeham of Maldon in the County of Essex > – as John Wakeham became in 1992 – used his contacts and the expertise > acquired in office to secure a very full retirement. > After leaving front-line politics in 1994, the man responsible for > co-ordinating the presentation of government policies in John Major's > fledging years as PM quit spinning to become the £156,000-a-year chairman > of the Press Complaints Commission. His time at the PCC, concurrent with > the death of Diana, Princess of Wales and the schooling of her two sons, > gave Lord Wakeham, now 69, a higher public profile. > The clubbable peer, a member of the Garrick, the Carlton, Buck's, St > Stephen's Constitutional and the Royal Yacht Squadron (Cowes), was > chairman of the Royal Commission on Reform of the House of Lords and sits > on the boards of no fewer than 19 companies. He is non-executive chairman > of Vosper-Thorneycroft, Genner Holdings and Kalon, and a director of > Bristol & West and N M Rothschild, to name a few. 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