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CITIGROUP BOMBSHELL: HELPED ENRON HIDE FINANCIAL CONDITION
http://www.drudgereport.com ^ | 7/21/02

Posted on 07/22/2002 8:01:03 PM PDT by The Chief

Intentionally manipulated written record of dealings with Enron: Senior Citigroup credit officers misrepresented '99 transaction in records of deal; Enron could ignore accounting requirements and hide true financial condition, the NY TIMES is planning to report on Tuesday, say sources... MORE... 'The paperwork cannot reflect their agreement,' according to one e-mail message written by James F. Reilly, a senior Citigroup loan executive in Houston, 'as it would unfavorably alter the accounting'... MORE...


TOPICS: Breaking News; Business/Economy; Crime/Corruption
KEYWORDS: citigroup; enron; lieberman; rubin
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To: Mia T
Oh Mia...where art thou?
81 posted on 07/22/2002 8:57:55 PM PDT by My Favorite Headache
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To: TLBSHOW
If I recall Enron had some BIG bucks tide up in some India deal

Which I recall rec'd contracts from the Clinton Administration
82 posted on 07/22/2002 8:58:12 PM PDT by Mo1
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To: SamBees
Nobody rats on the RATS, especially the clintons. They don't want to be on the list of the dead. The media is terrified of the clintons, IMO. If they had any brains, they'd all gather together, out the clintons and start over as a decent media. And yes, I am dreaming.
83 posted on 07/22/2002 8:58:40 PM PDT by Wait4Truth
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To: The Chief
Geeee, I thought it was all Bush's fault??
84 posted on 07/22/2002 9:00:21 PM PDT by CyberAnt
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To: Mo1
What will be interesting is will the "media" (barf alert) actually ask for the minutes of Rubin's conversations and meetings. I doubt it.
85 posted on 07/22/2002 9:01:22 PM PDT by Nuke'm Glowing
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To: Nuke'm Glowing
HAHAHA! Oh, so there are too many who know too much, and suddenly, D.C., NYC, LA, Chicago and Houston will begin to notice a huge increase in car/tree accidents??? And, planes that were checked out, but for some unknown reason, they crashed and burned and no one is left allive to talk, oh, I mean to walk away......Yep, I remember. I remember so many of the close friends of a former pres. ended up deep in the mud. Funny how that happens. Wouldn't it be amazing if someday we discover that during a previous administrations reign, an agency or two helped create the List of The Dead???

No, no. It could never happen. No way........A......C......O..................

86 posted on 07/22/2002 9:01:27 PM PDT by SamBees
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To: Fracas
Maybe THIS is the reason the Enron investigation fizzled? Remember our illustrious Senate was going to straighten out the mess and make Enron an example? Maybe they stumbled across Citicorp, ya think?
~~~~~~~~~~~~~~~~~~~~~~~~~~

Yes I recall Holy Joe was going to get to the bottom of it also

BTW .. did you know that The Democratic Leadership Council

is meeting in New York this weekend

And isn't Citi Group a big donor to them

The 2002 DLC National Conversation in New York City
http://www.ndol.org/ndol_ci.cfm?kaid=85&subid=108&contentid=250659


87 posted on 07/22/2002 9:03:54 PM PDT by Mo1
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To: SamBees
Thanks for the reminder.

Memo to self...DO NOT rent a car or drive in Arkansas, NYC or Houston the next 3 months.
88 posted on 07/22/2002 9:05:42 PM PDT by Nuke'm Glowing
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To: Mo1
"Kenneth Brody, head of the Ex-Im Bank, is a close friend of Treasury Secretary Robert Rubin, having worked with Rubin at Goldman, Sachs. Enron is listed on Rubin's 1993 financial disclosure statement as one of the forty-four companies with which Rubin had "significant contact" during his years at the investment firm."

Posted by KCVL on the earlier linked thread.

89 posted on 07/22/2002 9:08:17 PM PDT by terilyn
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To: Nuke'm Glowing
Questions for Rubin.
When did you sell your Citigroup stock?
Did you have any calls from Martha Stewart?
Will you give money back to Citigroup shareholders?
Have you seen "Girls of Enron" in Playboy?
90 posted on 07/22/2002 9:10:11 PM PDT by Ron in Acreage
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To: Ron in Acreage
The funny thing is is that Latin American nations default on this bank all the time and then we pay for it. No way there could be a connection there, just now way.
91 posted on 07/22/2002 9:13:11 PM PDT by Nuke'm Glowing
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To: terilyn
Kenneth Brody, head of the Ex-Im Bank

If I recall didn't that Bank give some BIG loans to Enron during the Clinton Administation ??

Wonder what other companies benefited from these loans

92 posted on 07/22/2002 9:14:34 PM PDT by Mo1
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To: Fracas
Yup! As usual, the dems in congress lept before they looked.
93 posted on 07/22/2002 9:15:19 PM PDT by terilyn
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To: kcvl
I sold my Citigroup stock a month ago when it finally sank in how Clintonoid the company was. Really, I think you can tell how stable a stock is by examining if they made big donations to the Dims and if there are well-known-to-be-crooked Dims in the company.
94 posted on 07/22/2002 9:16:16 PM PDT by angry elephant
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NOTE TO PRESIDENT BUSH: Declare a War on Corporate Crime. Tell the people that you will launch an investigation on corporate accounting practices from 1990 until now. It seems there is much that went on during the giddy days of Clinton/Gore that we are now paying for. Also ask Mr. Clinton and Mr. Gore to participate in this investigation so that the American people see that justice is served.
95 posted on 07/22/2002 9:17:44 PM PDT by willgetsome
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To: Ron in Acreage
This may answer your question about when he sold


http://www.freerepublic.com/focus/news/720424/posts?page=207#207

AND ...

http://www.freerepublic.com/focus/news/720424/posts?page=210#210
96 posted on 07/22/2002 9:18:33 PM PDT by Mo1
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To: Thane_Banquo
thankx for my laff o' the day!
97 posted on 07/22/2002 9:19:36 PM PDT by InvisibleChurch
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To: Mo1; kcvl
I don't honestly know. There wasn't a link to the quote.

Let's see if our resident researcher extrordinaire can help us :)
98 posted on 07/22/2002 9:20:02 PM PDT by terilyn
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To: Mo1
Yep. And Holy Joe has Citicorp as his biggest contributor.
99 posted on 07/22/2002 9:20:13 PM PDT by rintense
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To: rwfromkansas
Just because you don't hear rumors doesn't mean something is not happening. Remember, this President does not like leaks. He hates them, in fact.

http://www.freerepublic.com/focus/news/610610/posts

That old Peggy Noonan article takes on a new meaning...
100 posted on 07/22/2002 9:21:23 PM PDT by hchutch
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