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Keyword: richkinder

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  • Enron castoffs became pipeline, terminal empire

    10/18/2011 5:23:11 AM PDT · by thackney · 4 replies · 1+ views
    Fuel Fix ^ | October 18, 2011 | Tom Fowler
    Ten years to the day after Enron Corp. began its rapid fall, Rich Kinder made a move that may signal his rise to new heights. On Oct. 16, 2001, Enron – from which Kinder had resigned as president five years earlier – reported a surprise third-quarter loss. The loss marked the beginning of the end for the one-time energy giant as it began its spiral to a Dec. 2, 2001, bankruptcy filing, thousands of local layoffs, the collapse of the energy trading business and years of criminal and civil litigation. On Oct. 16 a decade later, Rich Kinder’s company, Kinder...