-Caveat Lector- " Just a week before filing for bankruptcy protection, for example, the company (Enron) donated $100,000 to the Senate Democratic fund-raising committee.
And Sen. Joseph Lieberman's former top aide, who became an Enron lobbyist, tried unsuccessfully to arrange a meeting between Enron's chairman and Lieberman. The Connecticut Democrat now is leading one of the congressional investigations into the company's collapse." "The White House, meanwhile, responded with derision to a report by Rep. Henry Waxman, D-Calif., charging that Enron, the biggest contributor to the Bush campaign, got what it wanted in the administration's energy plan last spring. Waxman, the senior Democrat on the House Government Reform Committee, found that at least 17 policies in the White House energy plan were advocated by Enron or benefited Enron." (CBS) Jan. 18, 2002 Enron Corp. Chairman Kenneth Lay never tipped his hand to employees about warnings he'd received about the company's risky accounting, according to newly-released transcripts of a computer chat he had last fall. "The third quarter is looking great," Lay messaged an Enron worker on Sept. 26, three weeks before the company announced $638 million in third-quarter losses. Lay's message was part of an electronic meeting with employees on an internal Enron Internet network. "We will hit our numbers," he continued. "We are continuing to have strong growth." CBS News Correspondent Sharyl Attkisson reports Lay also encouraged employees to buy more Enron stock, calling it an "incredible bargain". He didn't mention he'd been selling his Enron stock almost every day in June and July. And according to records he hadn't bought any in a month. Another question gets to the heart of Arthur Andersen's involvement in approving questionable partnerships that turned out to conceal huge losses and debt..... On Thursday, Enron fired Andersen as its auditor. The firing came two days after Andersen said it had fired David Duncan , the lead partner in charge of its Enron audits. The Big Five firm said he ordered audit-related documents to be destroyed after learning that they were being sought by federal agents. States File Lawsuit Against Enron By ROBERT TANNER .c The Associated Press (Jan. 18) - With the Enron collapse wiping out at least $1 billion from the retirement funds of teachers, firefighters and other public employees, states are joining a class-action lawsuit to win back some money from the once-giant energy trading company. Several other states are examining their ties to accounting firm Arthur Andersen, or weighing legal action against it. Florida has already filed subpoenas for a potential civil lawsuit. ------ But CBS News has learned Duncan has implicated higher-ups including a corporate attorney at Andersen's Chicago headquarters, Nancy Temple, in conversations with investigators. Temple was part of a core consultation group formed in September to monitor the evolving controversy with Enron, which was about to go public with its huge financial troubles. The group had almost daily conference calls, according to a source close to the investigation. On one call in early October, Temple asked Duncan about his team's compliance with company policy which urged the shredding of all unnecessary papers. Duncan reported compliance was "irregular" -- meaning many Enron documents were still around. Shortly after that conversation, Temple issued an e-mail to remind "the engagement team of our documentation and retention policy. It will be helpful to make sure that we have complied with the policy." A source said Duncan and others viewed it as a clear call to speed up shredding. The shredding continued even after the SEC announced it would investigate Enron's questionable offshore partnerships, until Nov. 8 when the SEC directly subpoenaed Arthur Andersen..... Enron's influence in Washington continues to raise eyebrows. While Enron gave most of its political money to Republicans, and appeared to have broad pull in GOP offices, it also made concerted efforts to influence lawmakers from the other side of the aisle. Just a week before filing for bankruptcy protection, for example, the company donated $100,000 to the Senate Democratic fund-raising committee. And Sen. Joseph Lieberman's former top aide, who became an Enron lobbyist, tried unsuccessfully to arrange a meeting between Enron's chairman and Lieberman. The Connecticut Democrat now is leading one of the congressional investigations into the company's collapse. The White House, meanwhile, responded with derision to a report by Rep. Henry Waxman, D-Calif., charging that Enron, the biggest contributor to the Bush campaign, got what it wanted in the administration's energy plan last spring. Waxman, the senior Democrat on the House Government Reform Committee, found that at least 17 policies in the White House energy plan were advocated by Enron or benefited Enron. http://www.igc.org/trac/feature/india/profiles/enron/enronwisner.html The Power Elite: Enron and Frank Wisner by Vijay Prashad On 28 October 1997, Enron Corporation announced the entry of Frank G. Wisner Jr. onto its board of directors. Most of the business press did not find this untoward and it certainly did not emerge as part of the US discussions on corruption at the highest level. Frank Wisner, as we know in India, was the US Ambassador from 1994 until this year and his entry into Enron must be seen in light of the scandal of Dabhol. Enron, like most US corporations, uses its close association with the state (both its elected and bureaucratic arms) for its own ends. US campaigns are financed by corporations whose money not only enables politicians to win elections, but it also buys businesses the state's power both for domestic subsidies and for the use of US power in the international arena. Frank Wisner, Jr. was a big catch for Enron Corporation. His lineage is impeccable, since his father, Frank Wisner Sr., was a senior CIA official (from 1947 until his suicide in 1965) who was involved in the overthrow of Arbenz of Guatemala (1954) and Mossadeq of Iran (1953). Wisner Junior was well-known in the CIA and he worked as Under Secretary of Defense for Policy and Under Secretary of State for International Security Affairs; his current boss, Kenneth Lay, Chief Executive Officer of Enron Corporation, also worked for the Pentagon during the US war in Vietnam. With "economic espionage" as a task for the CIA (see PD, 12 October 1997), there is little doubt that Wisner used this instrument during his long-tenure as Ambassador in Asian nations. A Wisner staffer told InterPress Services this year that "if anybody asked the CIA to help promote US business in India, it was probably Frank". <A HREF="http://www.ctrl.org/";>www.ctrl.org</A> DECLARATION & DISCLAIMER ========== CTRL is a discussion & informational exchange list. Proselytizing propagandic screeds are unwelcomed. Substance�not soap-boxing�please! These are sordid matters and 'conspiracy theory'�with its many half-truths, mis- directions and outright frauds�is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRLgives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credence to Holocaust denial and nazi's need not apply. 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