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Democrats Hush Up Rubin's Enron Scandal
NEWSMAX ^ | Carl Limbacher

Posted on 07/25/2002 6:27:24 PM PDT by OPS4

With Carl Limbacher and NewsMax.com Staff For the story behind the story...

Thursday, July 25, 2002 Democrats Hush Up Rubin's Enron Scandal

Senate Democrats claiming to investigate the collapse of Enron Corp. don't want to question former Clinton Treasury Secretary Robert Rubin, a top official at Citigroup Inc., about its role in concealing Enron's debt from investors.

Asked whether he intended to call Rubin as a witness, Sen. Joseph Lieberman, chairman of the Governmental Affairs Committee, said, "I don't," the Washington Times reported today.

He said that decision was up to Sen. Carl Levin, D-Mich., chairman of the subcommittee probing Enron's internal practices.

Levin said he "probably" would call the chief executive officers of Citigroup and J.P. Morgan Chase & Co. to testify - but not Rubin.

Look What Citigroup Is Doing

As we reported in February, the former Clintonoid is on Citigroup's payroll for an astonishing $40 million a year just to "advise on strategy" - even as he continues to help Democrats undermine President Bush.

Congressional Republicans note that "Senate Democrats are playing politics by issuing subpoenas for Bush White House aides in the Enron probe but shielding a former Clinton official from sensitive questions," the Times reported.

"You can't ask questions on one side if you're not going to ask questions on the other side if something like this is done," said Senate Minority Leader Trent Lott, R-Miss.

'See What Happened'

"I think that they may want to call in Mr. Rubin and others before the Government Affairs Committee, and - if that's where the trail leads - and see what happened."

Rep. Mark Foley, R-Fla., is tired of the Democrat hypocrisy. He wants testimony from Rubin and from Sen. Jon Corzine, D-N.J., who used $60 million of his fortune from embattled Goldman Sachs to buy his Senate seat.

"If we're going to have hearings, Mr. Lieberman, let's have Goldman Sachs, let's have Citigroup brought to the dais," said Foley.

"When we talk about Enron, we ought to talk about all the players," Foley said on the House floor. "And there seems to be some real mischief. In fact, Mr. Corzine used $60 million to run for the Senate. Goldman Sachs was hyping Enron stocks past $90. They encouraged people to buy it."

And Then There's Clintonoid Erskine Bowles

And now another Clintonoid, former Chief of Staff Erskine Bowles, a U.S. Senate wannabe in North Carolina, "is taking heat for a corporate scandal as a board member of Merck Pharmaceutical Inc., which is accused of inflating revenue by $12 billion," the Times reported.

North Carolina's Republican Party blasted Bowles' "unwillingness to explain his role in a string of disastrous investments while a managing partner of investment bank Forstmann Little that led to the loss of more than $100 million for Connecticut retirees."

Goodness, how those rich Democrats' corporate corruption scandals are growing: Bill Clinton's Enron boondoggle, Global Crossing and Terry McAuliffe, Corzine, Bowles, California Gov. Gray Davis, Tom and Linda Daschle, Democrat diva Martha Stewart ... does the list ever end?

Read more on this subject in related Hot Topics: Clinton Scandals Corporate Scandals DNC www.newsmax.com


TOPICS: Crime/Corruption; Front Page News; Government; News/Current Events
KEYWORDS: dncscandals
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Spread the word and send this to all news outlets and contact your representatives for justice! Ops4 God Bless America!
1 posted on 07/25/2002 6:27:24 PM PDT by OPS4
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To: OPS4
Surprise! The Dems find that only Republicans commit crimes.
2 posted on 07/25/2002 6:36:22 PM PDT by Blood of Tyrants
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To: OPS4
Justice will come after the November elections.
3 posted on 07/25/2002 6:36:57 PM PDT by jld1963
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To: jld1963
How so?
4 posted on 07/25/2002 6:43:20 PM PDT by clintonh8r
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To: OPS4
Uhm.....Isn't that Trent Lott's job? I never saw so many carry water for so few! Trent Lott, responding to Rubin's past and present conduct stated "Let's not pile on, fetal bath water, mole hill mountain, esteemed collegues......Ah, Er, Wahoo,0mao,Omao, don't I look good in blue?"
5 posted on 07/25/2002 6:45:26 PM PDT by blackdog
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To: OPS4
Your dreaming!

The news papers and mags will NEVER print Enron and Rubin's name within 6 paragraophs of each other!

Ann Coulters Right!

Rubin is THE single reason Enron was able have it's top dogs bail and leave the Enron employees and investors with nothing.

6 posted on 07/25/2002 6:46:29 PM PDT by Kay Soze
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To: OPS4
And now another Clintonoid, former Chief of Staff Erskine Bowles, a U.S. Senate wannabe in North Carolina, "is taking heat for a corporate scandal as a board member of Merck Pharmaceutical Inc., which is accused of inflating revenue by $12 billion," the Times reported.

North Carolina's Republican Party blasted Bowles' "unwillingness to explain his role in a string of disastrous investments while a managing partner of investment bank Forstmann Little that led to the loss of more than $100 million for Connecticut retirees."

Bowles is also a prep school buddy of Bill Harrison, CEO of JP Morgan Chase.

On the other hand, anyone who thinks that Rubin runs Citigroup is dreaming. Sandy Weill allows no competition.

7 posted on 07/25/2002 6:50:30 PM PDT by Lessismore
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To: blackdog
Its up to the voters and that means pressure the media and the politicians, I dont give a hoot what Lott or any of them say, its time we all laid the pressure on,and elections are coming, and they listen more now if we all hit them with news like this and ask for justice now!!!!!

Ops4 God Bless America!!
8 posted on 07/25/2002 6:50:46 PM PDT by OPS4
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To: clintonh8r
Then maybe we can hear from all the people that have caused this mess instead of only one side, the one picked by a very small majority.
9 posted on 07/25/2002 6:52:35 PM PDT by jld1963
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To: Lessismore
Bowles is a first rate idiot who married into the Springs textle fortune. He thinks(as do all dems) that money is not made, it is a resulting product of insider information and political tactics. Even his own family loathes him.
10 posted on 07/25/2002 6:54:38 PM PDT by blackdog
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To: OPS4
I guess you will be taking Lott's place soon on Meet The Press, Face the Nation, and Fox News. Hopefully you will fart in Juan Williams general direction.
11 posted on 07/25/2002 6:57:17 PM PDT by blackdog
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To: OPS4
Don't ever expect the DemocRATs to call Rubin before an investigating committee.

Don't ever expect Big Media to force the DemocRATs to call Rubin before an investigating committee.

The best that we can expect to get out of this is that Rubin's name will most likely never, ever again be mentioned as a successor to Alan Greenspan at the Federal Reserve.
12 posted on 07/25/2002 6:57:21 PM PDT by jackbill
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To: Kay Soze
Your right, where is the right wing media that the democrats say we have. Where is the republican leadership? I want this on every hour on right wing media show. Ann Coulter is right. Rubin and the Clinton teasury is the reason for this mess.

Nail Rubin.

13 posted on 07/25/2002 6:57:56 PM PDT by TLBSHOW
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To: jld1963
Sounds like you're expecting a Republican majority in the Senate. I wish I could be so optimistic.
14 posted on 07/25/2002 6:59:34 PM PDT by clintonh8r
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To: OPS4
Senate Democrats claiming to investigate the collapse of Enron Corp. don't want to question former Clinton Treasury Secretary Robert Rubin, a top official at Citigroup Inc., about its role in concealing Enron's debt from investors

Last I heard there were Republican Senators too. Oh, maybe they are on vacation....

15 posted on 07/25/2002 7:03:59 PM PDT by Hot Tabasco
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To: jackbill
Untrue,The SEC prosecution and the new laws being enforced is what we all expect.
Ops4 God Bles America
16 posted on 07/25/2002 7:04:34 PM PDT by OPS4
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To: OPS4; Howlin
Goodness, how those rich Democrats' corporate corruption scandals are growing: Bill Clinton's Enron boondoggle, Global Crossing and Terry McAuliffe, Corzine, Bowles, California Gov. Gray Davis, Tom and Linda Daschle, Democrat diva Martha Stewart ... does the list ever end?

I sure hope not! Throw in some filthy Condit and a dash of the Hildabeast taking loot from terrorists, and it's officially a party!

17 posted on 07/25/2002 7:05:12 PM PDT by Libloather
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To: clintonh8r
We can only hope for the best, remember the people didn't elect a Dem. majority. One man did that for all of us.
18 posted on 07/25/2002 7:12:30 PM PDT by jld1963
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To: clintonh8r
Sounds like you're expecting a Republican majority in the Senate. I wish I could be so optimistic

Optimistic

Forget it
The wimpy GOP wouldn't touch Rubin even if they controlled the senate
19 posted on 07/25/2002 7:14:20 PM PDT by uncbob
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To: blackdog
Bowles is a first rate idiot...

Thanks, I hadn't realized Bowles was first rate.

20 posted on 07/25/2002 7:15:42 PM PDT by Lessismore
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