Posted on 05/25/2006 8:19:59 AM PDT by COEXERJ145
I've already used it to smack the Lefties on two different forums. They started with "Lay will just get pardoned when Bush leaves office." Then got indignant when I told them that Hillary won't be elected in '08, and Lay's ties were more to Slick. Their indignation was rewarded with a big cut'n'paste from that thread. Haven't heard much back yet.
KennyBoy's taking his time coming out. He and his family are still in the 9th floor courtroom, in a circle holding hands, (making certain that someone is watching, I'm sure) and praying.
Reporter said Lay's pastor is there with them - but if it's the black preacher he has been using for a front, it's not *his* church pastor. Let me add that I don't know who the minister is who is in there with them, just who they showed earlier today.
You know how liberals hate the truth.
Well done! ;-)
Yep. Bubba was letting also Ken Lay set Dept. of Energy policies for all that dough.
Can we say "conflict of interest?"
They still are. Check this out:
On the sixth day of deliberations, a jury of eight women and four men convicted the former executives of misleading the public about the true financial health of Enron, whose collapse in late 2001 symbolized the wave of corporate fraud that swept the United States early this decade.
To CNN, corporate fraud never existed before 2001.
News conference now: DOJ statements from Enron Task Force. Convictions.
Lay, Skilling, and their co-conspirators perpetrated a fraud that was ongoing and intentional.
No one is above the law.
Employees lost pensions, savings, jobs. Investors lost savings.
Several agencies involved in the task force: DOJ, FBI, SEC, IRS .. have spent years of their careers and 1000s of hours to piece this together.
Thanks the gathered DA's and pros team. More back-patting. That's it.
Between January 2000 and late 2001, Bill Clinton was the President for more months than W.
IMO, Tony Snow should get President Bush out in front of the cameras asap applauding this verdict.
LOL, asking people on the street for their reactions here in Houston ... 1st person: "No habla ingles."
Unfortunately, it's the only news channel I can get here. I'll be holding my nose and watching the 10 p.m. news in less than half an hour. I'm sure they'll be smearing their spin all over this.
So it looks like their tack is going to be to make it look like this corporate fraud is a "Bush era" thing. How much you want to bet Worldcomm and others will be mentioned as well?
Careful, CNN. Dig just below the surface on Enron and Clinton's going to come popping up all over the place.
Wow...didnt know that. Thanks for the info. Surely this would have been on Fox News at least? We know it wouldnt for CNN.
sw
ROFL!!
Lay used his and the company's money to gain political power by donating heavily to candidates, particularly Republicans and especially the Bush family.He was the biggest donor to President George W. Bush, who before the Enron scandal referred to him warmly as "Kenny Boy."
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Ivan Boasky and Michael Milken both went to country club facilities.
Oh, and besides Boaksy and Milken, also Martha Stewart also went to a country club facility. Most white collar criminals do not go to the hard core places unless there are other factors that would place them there.
I was in their office the day the stock first fell below $1. The place was a morgue; it was good the windows wouldn't open. They quickly took the automated stock price display out of the lobby. I was working on a project for them at the time when the bankruptcy filings were announced. Vendors called trucks on the road and had them turn around. All pricing agreements null and void. It was tough to buy 36" 1200# actuated valves cash up front.
Don't know where all the players stand right now. Lou Pai made more money on his stock sales even than Kenlay. There are still a number of civil suits and class-action events that have yet to take place - a lot was riding on this verdict.
Broadband is actually in trial in the same courthouse right now and awaiting a verdict.
"Rebecca Mark, former chief executive of Enron International, received a bonus of $54 million for her work in securing the financing for the $2.9 billion Dabhol power project in India. The bonus was paid in 14 installments of $3.9 million each between 1996 and 1999.
Joe Sutton, president and chief operating officer of Enron International, received a $42 million bonus for his work on the project, paid in 14 increments of $3 million over the same period. An Enron spokesman confirmed the details of the payments to Mark and Sutton, which the company disclosed in a May 1998 proxy filing.
"If you look at Forbes' survey of executive pay, very few CEOs got $50 million cash," Core said. An attorney for Mark said her client worked very hard at Enron and deserved "every penny she made." Sutton couldn't be reached for comment. Both left Enron in 2000".
sw
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