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To: Dog Gone; Ernest_at_the_Beach
May be of interest to you........
11 posted on 12/09/2001 8:36:02 AM PST by deport
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To: deport
While this doesn't surprise me, it puts the emphasis on the wrong thing, just as the charges about Enron's ties to Bush do.

Enron was ruthless and they attempted to use everyone they could to further their business goals. I have stated here for more than a year now (long before Enron appeared to be in trouble) that Enron CEO, Ken Lay, was a Republican in name only. Lay was out for Lay and for Enron, period.

Ken Lay was a big backer of Lee Brown for Houston Mayor this year. He publicly endorsed one the dumbest persons on the planet for Mayor, a liberal Democrat against a true conservative.

Why? Because Ken Lay and other "civic leaders" of Houston use this Mayor like a puppet to line their own pockets.

Lay and Enron were happy to use the Clinton Administration in the same way, and I'm sure they hoped they could do something similar with the Bush Administration. So, sure, Enron donated to Bush, but it wasn't because they supported the Administration. They wanted to buy it.

Bush hasn't done anything for Enron, unlike the Clinton Administration. Or, at least we haven't heard of anything. I'm sure folks are looking for something.

But Enron did this to itself, and it would have done it even without any help from politicians. It was aggressive and arrogant about its own ability to manage risk. They, as a corporation, truly thought they were smarter than the rest of us.

But like Icarus, it flew too close to the Sun, and its wings of wax melted.

Blaming politicians for what happened is pure political spin by anybody who engages in it. Enron alone is responsible.

14 posted on 12/09/2001 8:55:22 AM PST by Dog Gone
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To: deport
Thanks for the flag. Missed this earlier !

General interest reference here:

The Fall of Enron : How ex-CEO Jeff Skilling's strategy grew so complex that even his boss couldn't get a handle on it

60 posted on 12/12/2001 12:46:09 PM PST by Ernest_at_the_Beach
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