Fmr. Enron Exec Talking to Feds, Close to Immunity Deal

CNBC's America Now Transcript ^ | Week of January 27, 2002 | Lawrence Kudlow and Jim Kramer

[spectre]

Naahhh..we haven't really come to any conclusions with Enron. I want to hear it all.

You're tired of Enron already? We had 8 years of Clinton, and I'm sick of trying to pin the tail on that particular Donkey. The History books will take care of him properly. They will look back on this Generation and ask students in classrooms "how in the world did this guy come to be and get away with it?" Term papers will thrive on the subject.

As for O'Reilly, my husband catches the reruns, he still thinks he's OK. Given the choice, I'll watch Kudlow and company.

sw

[Lady In Blue]

The Bush Administration did NOTHING to help Enron! Both O'Neill and Evans both turned them down.If they "helped" Enron,having to file bankruptcy sure is a strange way of doing it! Even the leftist talking heads on the nightly news don't accuse them of doing anything illegally(as much as it hurts them to admit it).Try watching "Ludlow and Kramer" doing the week,if you haven't already.

[Justa]

"Ummm, what power does Bill Clinton have now?"

Duh, what power does Enron have now? None, because Bush is in the WH. Who was 'in power' when Enron was gouging the wholesale energy market during 1999-2000? Duhhhh.

Hey, fool, it's not who's in power when the criminals are caught it's who's in power when they're committing their crimes -and getting away with them. Furthermore, both Clinton and Gore are on record as defending the high cost of fuel during 2000 from which Enron made it's windfall profits off of. Clinton said it was good for Russia to help it repay it's loans. And Gore said it was good for the environment and made noise about SUVs causing the price hikes. If you could believe those excuses I suppose you could be ignorant enough to believe Enron's demise was the fault of Bush who took office at the end of Enron's price gouging.

Economic Crime 101: when an entity can no longer control a market, it can no longer dictate prices. It then becomes beholden to it's creditors. With the end of Clinton-Gore Enron's could no longer maintain it's hold on the energy market, prices fell and it's profits evaporated. Enron could no longer gouge the energy market so they gutted the company and the scam collapsed. If Bush was in on it the company would still be doing business. Criminals aren't beholden to the law or the Justice Department when 'their boy' is in the WH, example: Enron and Bill Clinton.

Go back to the television. You're out of your league here.

[Cheesehead in Texas]

I agree. I worked as an engineer for Enron in 92-93 and ethics, along with competence, was in short supply.