[VRWC_minion]

Looks like the barrel to the big gun is turned back at the Rats.

[sidegunner]

Anyone else hear that whistling sound of a bomb falling on the 'RATS house?

[Wphile]

I read this too and laughed with glee. Indictments should be ordered for all the SEC commissioners at the time. Enron is another one of Clinton's disasters that has fallen in W's lap. During the Clinton years, everyone was just footloose and fancy free and no one was minding the store. Bush has a giant mess to clean up - regulatory, military, economically, financially, etc. Hope he can get it done in 7 years!

[steve50]

I just wonder if the gun is ever going to be pointed at Lay, or if the money to both sides made him bulletproof.

[backhoe]

To find all articles tagged or indexed using Enron_List, click below:
	click here >>>	Enron_List	<<< click here
(To view all FR Bump Lists, click here)

[Sgt_Schultze]

Maybe Will Pitt from DU started celebrating too soon.

[randita]

Rep. John Dingell of Michigan, the ranking Democrat on the House Energy and Commerce Committee, recently asked the SEC in a letter how it failed "to require adequate disclosures over the years."

That's an easy one, Rep. Dingell. Clinton told them to lay off.

Of course, you're not going to find anyone to say that. If any are called to testify, we'll be treated to the habitual "I don't recall" or "it must have been a bureaucratic snafu".

Nonetheless, the question as to how the SEC failed to require adequate disclosures is a valid one and should be asked again and again, if only to drive home the absolute incompetence of the Clinton Administration.

[MamaLucci]

Gotta love it. This article makes me wonder why on earth the dems opened this can of worms.

[Lucky2]

Everything that is going wrong for our country at this time is the direct result of the Clintons and their "whatever" attitude. I hope the American public wakes up soon to the Clintons and the Rats that support them (especially in New York).

[AD from SpringBay]

He he he he haw haw haw haw ho ho ho ho! I'm laughing so hard I could urinate.

[Sueann]

"regulator gave Enron waivers from two regulations that would have triggered extensive financial disclosures"

Hmmmmm?? And ... what were they afraid would be disclosed? Besides all their phoney companies, were they trying to hide the money they were giving to Clinton (aside from the regular donations which are on the books)???

[isthisnickcool]

Same thing happened with a lot of the dot.com garbage companies. But besides the SEC, the stock exchanges were just as culpable. By having rules that allowed trash on their exchanges. Especially the NADAQ. Trash, that had very questionable assets or had other "things" leveraged to the point that the company had "value". And in many circumstances the exchanges were slow to remove some of these dogs.

Enron is a drop in the bucket compared to the amounts of money private placement investors and equity investors lost in the dot.com farce. But it was great for the shorts. I'd like to see how much money the big brokerage firms racked in pumping and dumping. 100's of billions, if not trillions of dollars.

It was insane and the Clinton administration turned a blind eye. And why not? Easy way to rake in dough than cattle futures or flipping properties. Even better than fleecing the tobacco companies.

The accounting rules for companies to go public need to be looked at, as well as those for staying public. And companies should have to provide this data on time! Plus, their should be D&O insurance requirements based on the companies value. The more the company is worth the more insurance the D&O's should have. I'm not exactly sure what changes need to be made to insider trading.

[MizSterious]

Great find! Thanks for posting it!

[JulieRNR21]

[The Old Hoosier]

The Bush Admin should be actively releasing every piece of paper at the SEC that has anything to do with Enron from 1992 onward. Then you'll see this kind of story popping up in the Washington Post and all the local papers.

[kassie]

As long as the economy was good, and clintoon's cronies made money, no one cared. They just turned a blind eye to anything and everything the thug in the WH did. Now that he's not there and his boy algore is not there to help out and cover up, it's all coming out!!