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Enron-N.Y. Times Co. Deal Highlights Media's Dilemma
Washington Post ^ | July 18, 2002 | Howard Kurtz

Posted on 07/18/2002 6:19:58 AM PDT by aculeus

Edited on 09/03/2002 4:50:45 AM PDT by Jim Robinson. [history]

When Enron collapsed amid spectacular scandal, the New York Times repeatedly assailed the company in editorials for its tangled finances.

Five years ago, it turns out, the New York Times Co. struck a "newsprint swap agreement" -- a financial deal in which no physical assets changed hands -- with the very same Houston energy company.


(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Front Page News
KEYWORDS: enronlist
The man who writes media criticism for The Washington Post while hosting a weekly program on CNN writes about -- drum roll, please -- "Conflicts of Interest".
1 posted on 07/18/2002 6:19:58 AM PDT by aculeus
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To: aculeus
I guess HYPOCRITES like NY Times,Washington Post,et al are saying"Don't Do As We Do,Do As We Say"!It sort of reminds me of Clinton-Gore.When they were caught illegally raising campaign cash on Federal Property(The White House)and at Budhist Temples etc.,etc,their rejoinder was that this was indisputable proof that we needed Campaign Finance Reform!!!That's like Willie Sutton saying that we need Stronger Banks!!!!!What A Bunch Of HYPOCRITES!!!!!!!!!!!!!!!!
2 posted on 07/18/2002 6:52:42 AM PDT by bandleader
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To: aculeus
A city boy, Kenny, moved to the country and bought a donkey from an old farmer for $100.00. The farmer agreed to deliver the donkey the next day.
The next day the farmer drove up and said, "Sorry son, but I have some bad news, the donkey died."
Kenny replied, "Well then, just give me my money back."
The farmer said, "Can't do that. I went and spent it already."
Kenny said, "OK then, just unload the donkey."
The farmer asked, "What ya goanna do with him?"
Kenny, "I'm going to raffle him off."
Farmer, " You can't raffle off a dead donkey!"
Kenny, "Sure I can. Watch me. I just won't tell anybody he is dead."
A month later the farmer met up with Kenny and asked, "What happened with that dead donkey?"
Kenny, "I raffled him off. I sold 500 tickets at two dollars a piece and made a profit of $898.00."
Farmer, "Didn't anyone complain?"
Kenny, " Just the guy who won. So I gave him his two dollars back."
Kenny grew up and eventually became the chairman of Enron.

I haven't a clue as to whether this story is true, but success as long as it is legal, should be applauded and encouraged.

3 posted on 07/18/2002 7:19:22 AM PDT by yoe
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To: aculeus
The Washington Post also declined to disclose, when it was editorializing daily on campaign finance reform (editorials written by a foreign national, by the way), the enormous increased profits it would enjoy if the campaign finance bill passed, which it did. This is a voracious institution of hypocrites and liars, which, nevertheless, always jumps at any opportunity to sit in judgment on anyone and anything. It is a force for great evil. Don't get me started on school vouchers.
4 posted on 07/18/2002 7:32:51 AM PDT by 3AngelaD
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To: *Enron_List
Index Bump
5 posted on 07/18/2002 10:56:50 AM PDT by Free the USA
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