-Caveat Lector- Subj: [the_octopus] BBC's "Suicide" Coverage Date: 1/25/02 12:10:44 PM Central Standard Time From: [EMAIL PROTECTED] (M. L. Hawkins)
As per usual, the foreign press if far more detailed in its coverage of American news. Here we learn that Baxter was still an Enron consultant as of his "suicide," and that he is one of "29 former and current Enron executives names as defendants in a federal law suit." http://news.bbc.co.uk/hi/english/business/newsid_1782000/1782884.stm Friday, 25 January, 2002, 17:18 GMT Top Enron executive commits suicide A former senior executive of the bankrupt US energy giant Enron has committed suicide, Texas police have said. Until the middle of last year Clifford Baxter was vice chairman of Enron and the firm's chief strategy officer. He resigned in May to "spend additional time with his family", but stayed on with the firm as a consultant. The police in Sugar Land - a suburb of Houston, Texas - said Mr Baxter had been found in his car with "an apparent self-inflicted gunshot wound to the head". Mr Baxter was one of 29 former and current Enron executives named as defendants in a federal law suit. Enron began to collapse in October last year, brought down by huge debts and accusations of accounting irregularities. It filed for bankruptcy protection in December, after admitting that it had hidden huge losses from its books. Share deals Mr Baxter's role in the Enron affair is unclear. He was named in a letter written in September by an Enron whistle-blower, who suggested that Mr Baxter had clashed repeatedly with former chief executive Jeff Skilling over the firm's practice of hiding millions of dollars in debt in dubious deals with so-called shell companies. Further attention was focused on Mr Baxter after it emerged that he sold nine million dollars worth of Enron shares during January and August 2001. Many Enron executives have been accused of cashing in their stock options before the firm's share price crashed. The majority of employees were prohibited from selling their shares, and many of them say they have lost all their savings and pensions provisions. Under investigation Enron issued a statement saying "we are deeply saddened by the tragic loss of our friend and colleague". The Houston-based energy trading firm has become the focus of two criminal investigations and almost a dozen Congressional inquiries since it collapsed last autumn. Mr Baxter's death comes a few days after a Congressional hearing subpoenaed several senior figures from Enron's audit firm to give evidence. Mr Baxter had been with Enron since 1991. During his career with the company he had been chairman and chief executive of Enron North America, before joining the firm's top echelon in June 2000. When he left the company, the then-chief executive of Enron, Jeff Skilling, praised his "creativity, intelligence, sense of humour and straightforward manner". <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. Let us please be civil and as always, Caveat Lector. ======================================================================== Archives Available at: http://peach.ease.lsoft.com/archives/ctrl.html <A HREF="http://peach.ease.lsoft.com/archives/ctrl.html";>Archives of [EMAIL PROTECTED]</A> http:[EMAIL PROTECTED]/ <A HREF="http:[EMAIL PROTECTED]/";>ctrl</A> ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om
