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<p>Congress demanded documents and personal files from current and former officers and directors at Enron Corp. and its auditor, Arthur Andersen LLP, in an effort to find out what led to the biggest U.S. bankruptcy.</p> <p>The House Energy and Commerce Committee asked for the personal files of David Duncan and five other Andersen partners involved in the audit of Enron, after Andersen said its employees had destroyed documents and e-mails, committee spokesman Ken Johnson said. The Senate's Permanent Subcommittee on Investigations subpoenaed papers from both Enron, once the biggest energy trader, and Andersen.</p>

Andersen picked for FBI review BY Christopher J. Dorobek July 23, 2001 The Justice Department has selected Andersen to conduct a comprehensive review of the FBI, including its antiquated computer systems. The study is being undertaken on behalf of Justice's Strategic Management Council, a new organization that Attorney General John Ashcroft created to provide long-range planning. Ashcroft said that the council's review will include a management study of the FBI's policies and practices focusing on information technology, personnel, crisis management and other issues. The FBI has been reeling from problems in recent years, including the discovery this year of its ...

Please use the source URL to find the poll. We can thank the clowns over at DUhhhhhhhh for another heads-up. I love slaping these little dorks around!! But, they're ahead of us right now.... Yes. They've been fully forthright... 24% No. There are more disclosures to come... 59% Who cares? I'm interested in the White House's war on terror... 16% 712 responses so far. Please vote Yes.

WASHINGTON -- President Bush has won decidedly bipartisan praise for his prosecution of the war on terrorism. But as he nears the first anniversary of his presidency, Bush faces his first brush with Washington's now entrenched scandal industrial complex, which is primed to place blame over the collapse of the energy giant Enron. In a capital held less rapt by the war in Afghanistan and fears of terrorism at home, the whiff of scandal Enron provides, and the ensuing hunt for seamy connections to the Bush administration, will at a minimum be a test of the durability of the president's ...

Electric Avenues Deregulating utilities would only increase his power by Rachel Burstein (My note: following is their standing of the top 400 political contributors .. and they gave to both parties) #53 Kenneth and Linda Lay, Houston, Texas. Party: Both. $224,400 total contributions. Kenneth Lay wants to light up your life. The head of Enron Corp., America's largest seller of natural gas and electricity to utility companies, Lay hopes his company will become the "AT&T for the electricity business." He's lobbied Congress to let him sell directly to consumers. Rep. Dan Schaefer (R-Colo.) has introduced a helpful bit of deregulatory ...

<p>Enron Corp., with revenue reaching $100 billion and a market capitalization that made the company the seventh-largest energy corporation in the world, had nowhere to go but up. The year 2000 had been great and 2001, well, who knew?</p> <p>The Houston company's epic fall now threatens Enron officials suspected of hiding staggering company losses to cash out $1 billion in stock options; employees and investors, thousands of whom were laid off and lost their retirement savings; and the Bush administration — caught in the middle of what promises to be a raging political firestorm.</p>

They seem to be having a fairly unemotional discussion of facts by a guy who appears to be an expert. KGO can be heard in several western states.

When Joseph Berardino took the top job at Andersen a year ago, his No. 1 priority was to move the blue-chip accounting firm deeper into the lucrative world of consulting.That strategy seemed only natural for an industry veteran whose ascension came shortly after he took the public lead in fighting off a federal bid to limit the side work done by auditing firms. Regulators have long feared that Andersen and its brethren would go easy on audits to retain highly profitable consulting assignments, undermining the financial integrity of Corporate America.Confronted by Berardino, the Securities and Exchange Commission backed down, and ...

Investigations into fraud at Enron are to be extended to include its auditor, Arthur Andersen, after the accountancy firm admitted late on Thursday that it had destroyed documents relating to the finances of the bankrupt energy trader. The cascade of revelations about Enron's dealings with the Bush administration continued yesterday with the disclosure that an Enron executive asked a top Treasury official last year several times to intervene with bankers to get a credit extension to avoid bankruptcy. White House spokesman Mr Ari Fleischer said yesterday the collapse of the Houston-based company "needs to be fully investigated to determine if ...

The Republican propaganda machine was set into motion almost immediately after the news broke that the Justice Department had launched a criminal probe into the Enron collapse. Why was there a need to create an offensive blitz so quickly? Could it be that they know George W. Bush, Dick Cheney and members of their administration have some role to play in this scandal? Of course, the Rush Limbaughs of the world tried to first convince us that there was nothing to this story. That didn't work, so they're now trying to "warn" us not to dig too deep into this ...

nron. The name itself means nothing and reveals nothing. Big corporations like General Motors and General Electric not only advertise their businesses, they award themselves military rank. But from its inception in 1985, the Houston-based firm wanted to be Private Enron. For 15 years, it worked. Enron grew to be America's seventh-largest corporation without anyone really knowing how it made its money. Something to do with brokering energy. Even now that Enron has crashed, its business is still obscure. But the picture of its financial practices is familiar to &quot;Sopranos&quot; fans. Allegedly, Enron set up off-the-books partnerships into which ...

DANIEL KADLEC Just four days before Enron disclosed a stunning $618 million loss for the third quarter—its first public disclosure of its financial woes—workers who audited the company's books for Arthur Andersen, the big accounting firm, received an extraordinary instruction from one of the company's lawyers. Congressional investigators tell Time that the Oct. 12 memo directed workers to destroy all audit material, except for the most basic "work papers." And that's what they did, over a period of several weeks. As a result, FBI investigators, congressional probers and workers suing the company for lost retirement savings will be denied ...

MODERATOR: We are pleased to welcome Gary Aldrich to the townhall chatroom. In his book, Unlimited Access: an FBI Agent Inside the Clinton White House, Mr. Aldrich exposed the questionable behavior and serious breaches of security he witnessed while performing background checks on White House personnel. In January 1998 Mr. Aldrich founded The Patrick Henry Center for Individual Liberty, a nonprofit foundation dedicated to the Bill of Rights. Let's get started... RadioHead: Mr. Aldrich, do you think that the bias in the media is responsible for Clinton getting away with so much during his presidency? GARY ALDRICH: No question about ...

WASHINGTON, Jan 13 (Reuters) - If Arthur Andersen ordered workers to destroy audit material related to Enron Corp., the Big Five accounting firm could face criminal indictment, a leading Democratic senator said on Sunday. Sen. Joseph Lieberman, a Connecticut Democrat, was referring to a report by Time magazine that Arthur Andersen, Enron's auditor, ordered employees in an Oct. 12 memo to destroy all audit material on Enron Corp.(NYSE:ENE - news) except the most basic ``work papers.''The magazine reported on Sunday that just four days before Enron disclosed a stunning $618 million loss for the third quarter - its first ...

Sunday January 13 11:35 AM ET Bush Aides: Nothing New in Enron Calls Bush Aides: Nothing New in Enron Calls By Niala BoodhooWASHINGTON (Reuters) - Top Bush administration officials said on Sunday they felt they were not obligated to inform President Bush (news - web sites) or Enron employees and shareholders of requests for help made by the company's chairman because the information discussed was already known to the public.Treasury Secretary Paul O'Neill, on the ``Fox News Sunday'' program, said he thought there was nothing unusual or new in two telephone conversations he had with Enron Corp. Chairman Kenneth Lay ...

NewsMax.com &nbsp; Sunday Jan. 13, 2001; 12:30 p.m. EST Dingell: I'll Grill Rubin on Enrongate Calls Michigan Congressman John Dingell, the ranking Democrat on the House Energy and Commerce Committee, said Sunday he intends to call former Clinton administration Treasury Secretary Robert Rubin to testify in upcoming hearings into the collapse of energy giant Enron. Dingell was asked by &quot;Fox News Sunday's&quot; Brit Hume whether he intended to question the former Clinton official after reports of his involvement in the scandal surfaced on Friday. &quot;If you watched me when I ran investigations, and I ran a lot of them and ...

If you learn nothing else from the Enron mess, take this lesson to heart: A company's inability to handle its debt can be its downfall--no matter how much Wall Street likes its stock. Indeed, while earnings may be a window to a company's psyche, the balance sheet is what gives you a truer picture of its well-being. Bond analysts make a beeline to this crucial piece of financial disclosure, paying special attention to a company's ability to service its debt. And when the ratio of cash to debt plunges--watch out! The best balance-sheet snoops are often way ahead of the ...

They can't pin this on Bush By Mark Steyn (Filed: 13/01/2002) THE first time I gave any thought to Enron, the world's biggest energy trader, was during last summer's California blackouts, when the state had a go at blaming their woes on the company's chief executive, Ken Lay. "I would love," said Bill Lockyer, California's Attorney-General, "to personally escort Lay to an 8 x 10 cell that he could share with a tattooed dude who says, 'Hi, my name is Spike, honey.'" Fortunately for Mr Lay, he lived not in California but in Texas, beyond the reach of Mr Lockyer's ...

A wave of controversy stirred up by the collapse of America's energy giant, Enron, has washed up at the front door of the White House. Amid a series of potentially embarrassing revelations, the Bush administration faces a new test BIG COMPANIES never go bust without causing some collateral damage. But the collapse of America’s Enron, the world’s biggest energy-trading company, is proving to be spectacularly destructive by any standards. Impoverished shareholders and employees were already outraged by the behaviour of the firm’s top executives, many of whom seem to have cashed in their own shares before the collapse. But ...

"On Nov. 22, 1995,...Clinton scrawled an FYI note to McLarty, enclosing a newspaper article on Enron Corp. and the vicissitudes of its $3 billion power-plant project in India. McLarty then reached out to Enron's chairman, KEN LAY, and over the next nine months closely monitored the project with the U.S. ambassador to New Delhi, keeping Lay informed of the Administration's efforts, according to White House documents reviewed by TIME. In June 1996,  four days before India granted final approval to Enron's project, Lay's company gave $100,000 to the President's party. Enron denies that its gift was repayment for Clinton's attention, ...