Keyword: michaeldobbs
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<p>WASHINGTON — As the White House admitted Thursday that it was warned last year that Enron Corp. was facing bankruptcy, auditor Arthur Andersen LLP made its own admission that thousands of documents relating to the former energy giant were destroyed.</p>
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Janet Reno Kin Outraged Over Bush-Enron Scandal The brother of former Attorney General Janet Reno complained bitterly on Tuesday that President George Bush is escaping "deserved heat" for his ties to collapsed Texas-based energy giant Enron. In his regular column for Newsday, Robert Reno decried what he said were "the Bush family's intimate connections to Enron [and] the company's vast contributions to Bush campaigns," saying "you need a crow bar to separate Enron's allegiance to both Bush administrations." Protests that investigators haven't been tough enough on the White House are something new for Mr. Reno. In contrast to his ...
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The RATS are circling in the waters like sharks. They go to bed every night hoping upon hope that they can do something to destroy the Bush administration. Do the RATS care about our war effort? Perhaps some of them do. I would say, however, that the great majority of the far leftist hardcore of the RAT party wants Bush to have trouble more than they want the U.S. to defeat terrorism. Hey, that's why we call them the RATS. We hear the Clinton complicit press jumping all over the Enron case and comparing it to Whitewater. Some have already ...
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WASHINGTON - "Humpty Dumpty sat on a wall, Humpty Dumpty had a great fall." SNIP--- Enron had the best brains that money could buy, but gave the word "ethics" a whole new meaning. The cowboys of Dumpty Enron talked up a storm about ethics; but only a few at the top realized that "ethics" was an acronym for "Enron thinks how income can (be) stolen." That's a stretch; but look at their 1994 sales team - Clinton, Gore and the late Ron Brown - a trio unlimited and uncontrolled in their cunning and greed. In what seems to be eons ...
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===================================================== URL: http://www.corpwatch.org/news/PND.jsp?articleid=232 India: Clinton's Corporate Entourage By Amit Srivastava Special to CorpWatch March 20, 2000 SAN FRANCISCO -- Violence in Kashmir and nuclear proliferation are dominating the mainstream headlines on President Clinton's trip to South Asia. And while security issues are clearly on the agenda in Clinton's meetings with Indian Prime Minister Atal Behari Vajpayee, the press is ignoring an equally significant part of the trip: trade. Traveling along with the Clinton family and US officials is a large corporate contingent. Behind the scenes of the first official state visit to India by a US president in 22 years, ...
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It's a headline to warm a Democrat's heart: A Justice Department task force been formed to conduct a criminal investigation of a company that was one of George W. Bush's biggest political supporters. The probe of the collapse of Enron might well warm Democratic hearts for months to come; the investigation will undoubtedly go on for a long time, and some well-informed observers suspect it will find evidence of misconduct ? perhaps of the prosecutable kind, perhaps not ? inside the giant energy corporation. And even though there is no suggestion of any wrongdoing on the part of anyone in ...
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WASHINGTON - "Humpty Dumpty sat on a wall, Humpty Dumpty had a great fall." --SNIP--- Enron had the best brains that money could buy, but gave the word "ethics" a whole new meaning. The cowboys of Dumpty Enron talked up a storm about ethics; but only a few at the top realized that "ethics" was an acronym for "Enron thinks how income can (be) stolen." That's a stretch; but look at their 1994 sales team - Clinton, Gore and the late Ron Brown - a trio unlimited and uncontrolled in their cunning and greed. In what seems to be eons ...
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<p>Nevertheless, there does seem to be a McLarty pattern. At Clinton's request, he met with international oil consultant ROGER TAMRAZ and asked the Energy Department if the Administration could not be more supportive of his Caspian Sea pipeline proposal (Tamraz' contribution: $200,000). It was McLarty who directed a White House lawyer to query the Justice Department about a case protested by VANCE OPPERMAN, head of a legal publishing house (contribution: $350,000). The counselor arranged a White House meeting for Miami computer executive MARK JIMENEZ to discuss political unrest in an important Latin American market (contribution: $325,000). And last week the Washington Post reported that McLarty helped get a Clinton audience for Federal Express chairman FRED SMITH and his concerns about Japanese trade practices. Contribution: $525,000. Davis says McLarty acted "appropriately" in every case.</p>
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Thursday January 10 6:14 PM ET A Chronology of Enron Corp. By The Associated Press, A chronology of Enron Corp.: July 1985 - Houston Natural Gas merges with InterNorth, a natural gas company based in Omaha, Neb., to form the modern-day Enron, an interstate and intrastate natural gas pipeline company with 37,000 miles of pipe. 1989 - Enron begins trading natural gas commodities. Over the years, the company becomes the largest natural gas merchant in North America and the United Kingdom. This is where the 11 year gap begins.(Betty Curry(Clinton's secretary) must have had her foot on the taping ...
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The White House disclosed today that Kenneth L. Lay, chief executive of the Enron Corporation and a leading financial supporter of the Bush presidential campaign, had contacted two Cabinet members a few weeks before the giant energy company's collapse to warn of its growing difficulties. The disclosure followed the Justice Department's decision late Wednesday to form a special task force of prosecutors from across the country to conduct the inquiry into the company's downfall. Today President Bush directed the Treasury Department and other agencies today to examine how to protect pension plans from debacles similar to Enron's collapse. But that ...
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<p>WASHINGTON -- Arthur Andersen LLP, already under fire for its audits of Enron Corp., said it has destroyed documents sought by federal law enforcement officials investigating the Enron debacle.</p>
<p>In a statement issued Thursday, Andersen said it notified the U.S. Justice Department and the Securities and Exchange Commission that individuals at the firm "disposed of a significant but undetermined amount" of documents relating to its work for Enron. The Houston energy company declared bankruptcy in December after announcing it had overstated four-and-a-half years worth of earnings.</p>
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Click provided link for full documentA. SUMMARY This action arises out of Andersen's issuance of materially false and misleading audit reports on Waste Management, Inc.'s ("Waste Management" or "Company") financial statements for the period 1993 through 1996. During this period, the Company engaged Andersen to audit its financial statements included in its Annual Reports on Form 10-K filed with the Commission pursuant to the Securities Exchange Act of 1934 ("Exchange Act"). For each year 1993 through 1996, Andersen issued an audit report on Waste Management's financial statements in which it stated that the Company's financial statements were presented fairly, in ...
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Follow-Up Letter from Waxman to Cheney. See link http://news.findlaw.com/hdocs/docs/enron/wxmnltr2chny010802.pdf
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DAVID CALLAWAY Enron is not Bush's Whitewater Commentary: It will be worse By David Callaway, CBS.MarketWatch.com Last Update: 12:10 AM ET Jan. 10, 2002 SAN FRANCISCO (CBS.MW) - The Enron Corp. debacle won't be President Bush's Whitewater. It will be much worse. Unlike the financial sideshow over a twenty-year-old failed land deal that dogged the Clinton administration, the collapse of the nation's largest energy trader into the nation's largest bankruptcy last month is set to go straight to the heart of exposing what is wrong with the way the Bush administration is conducting itself these days. Once a buyer ...
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Enron is not Bush's Whitewater Commentary: It will be worse By David Callaway, CBS.MarketWatch.com Last Update: 12:10 AM ET Jan. 10, 2002 SAN FRANCISCO (CBS.MW) - The Enron Corp. debacle won't be President Bush's Whitewater. It will be much worse. Unlike the financial sideshow over a twenty-year-old failed land deal that dogged the Clinton administration, the collapse of the nation's largest energy trader into the nation's largest bankruptcy last month is set to go straight to the heart of exposing what is wrong with the way the Bush administration is conducting itself these days. Once a buyer for Enron's ...
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Bush Orders Review of 401(k) Rules By RON FOURNIER .c The Associated Press WASHINGTON (AP) - President Bush, in a follow-up to the criminal investigation of Enron Corp., has ordered the Treasury Department to review rules regulating company pension and 401(k) plans, The Associated Press has learned. Administration sources, speaking on condition of anonymity, said Bush would announce the action Thursday in the Oval Office, in part to inoculate himself politically from the bankruptcy of the Texas-based energy company that has ties to Bush and administration officials. The Justice Department announced Wednesday it has begun a criminal investigation of the ...
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ARIZONA does copper, cotton, tourism and failed financial firms really well. Arizona was home to the fallen Mera Bank, Lincoln Savings & Loan, Charles Keatings' work, and now Finova, the financial firm that became the eighth largest bankruptcy in the history of the United States and served up the largest bond default since the Great Depression. Thank goodness that Enron, now the country's largest bankruptcy ever, was based in Texas. Speaking from here at the epicenter of large business failures, I can tell you that the commentary and analysis on Enron are not promising. What might help is if ...
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WASHINGTON- The firm that audited the books of collapsed Enron Corp., Arthur Andersen LLP, disclosed Thursday that a "significant but undetermined" number of documents related to the company had been destroyed. Federal law enforcement agencies and congressional investigators are seeking the documents as part of their inquiries into the failure of the giant energy-trading company, which left countless investors burned and employees out of work with billions of dollars of losses in their Enron-heavy retirement accounts. The Big Five accounting firm said in a statement that in recent months, electronic files and other documents related to its auditing of Enron ...
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FOR IMMEDIATE RELEASETHURSDAY, JANUARY 10, 2002WWW.USDOJ.GOV AG(202) 514-2008TDD (202) 514-1888 DEPARTMENT OF JUSTICE STATEMENT After review of the relevant facts and law, the Attorney General and his Chief of Staff, Mr. David Ayres, have recused themselves in all matters arising out of allegations of misconduct by Enron Corporation due to the totality of the circumstances of the relationship between Enron and the Attorney General. The Attorney General has not been involved in any aspect of initiating or conducting any investigation involving Enron. Any and all responsibilities that would be exercised by the Attorney General with regard to any such ...
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WASHINGTON (AP) - President Bush (news - web sites), fearing political fallout over an energy corporation whose collapse cost employees millions of dollars in savings, ordered his economic team Thursday to review pension rules that could put other workers and pensioners at risk. The politically charged action came one day after the Justice Department (news - web sites) opened an investigation into Texas-based Enron Corp., an energy company closely tied to Bush and other administration officials. Enron's top officials, including Kenneth L. Lay, the chief executive officer, are financial supporters of Bush. Lay was in contact with top administration officials ...
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