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Alternet.org who we thank for the Enron Fraud logo Their Enron Gate Page.
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Common Cause - The Enron Collapse
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Enron owns the GOP .com
American Politics Journal - Enrongate
Texas Observer - Enron
Will Pitt - The Enron Page
Houston Cronicle - Hot Topic Enron
Washington Post - Enron Probe
Guardian Unlimited - Special Report
BBC Enron - Who's Who
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New York Times - Enron Primer
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Oliver Willis - Enrongate
The Nation - Bush Administration and Enron

We are dedicated to the public exposure of this one time corporate giant. Enron was George W. Bush's largest political career contributor. No company in America was closer to George W. Bush than Enron and its CEO Kenneth Lay. Bush's nickname for Lay is "Kenny Boy". Kenny Boy's ties to the Bush family run deep. Enron's powerful influence is everywhere they have contributed money to 71 sitting Senators. Since 1989, Enron has made a whopping $5.8 million in campaign donations, 73 percent to Republicans and 27 percent to Democrats.

The Center for Public Integrity a nonpartisan research and investigative reporting organization said Enron, its employees and directors have given $623,000 to Bush from 1993 to November 2001. Campaign finance reform is the only way to stop corporations like Enron from owning those in Washington. Enron the once a mighty energy trader unraveled after it disclosed losses from partnerships kept off its balance sheet. They hid the truth while the executives cashed in the stock and made millions. Enron's bankruptcy and shenanigans left employees holding worthless stocks and retirement funds. Meanwhile top Enron executives earned over 600 million from stock sales in last 4 years. Enron's auditing firm, whose work is under investigation by federal regulators, disclosed that its employees had destroyed a ``significant'' number of documents related to Enron. Justice department investigations are looking at if Enron defrauded investors, including 401(k) plan holders, by concealing vital information about its finances. Lawyers representing Enron shareholders filed a class action suit last month claiming that between Oct. 19, 1998 and Nov. 27, 2001, the 29 current and former company officials traded 17 million shares of Enron stock worth $1.1 billion.

The Bush Administration has several major connections with Enron.

  • Karl Rove Bush's top political strategist sold between $100,000 and $250,000 worth of Enron stock in 2001 after being accused of conflict of interest.
  • Thomas White Jr. Secretary of the Army. Was a former top Enron executive, he sold shares worth at least $50 million before Enron's shares plummeted.
  • Robert B. Zoellick Trade Representative He worked for Enron immediately before joining the administration.
  • Lawrence B. Lindsey Bush's National Economic Council chief. He was paid $50,000 by Enron in 2000 for consulting work.
  • John Ashcroft U.S. Attorney General He recused himself from the Justice Dept. probe of Enron because Enron was a major contributor to his failed Senate campaign.
  • Marc F. Racicot He was recently appointed by Bush to serve as Republican National Committee chairman is a former Enron lobbyist.
  • Paul O'Neill Treasury Secretary. Lay phoned him to warn of Enron's pending bankruptcy. The White House said no government action followed the call.
  • Don Evans Commerce Secretary. Lay phoned him before Enron's collapse to warn that Enron might default on its bonds. The White House said no government action followed the call.
  • Tom Ridge Bush's Director of Homeland Security. In 1997, when Ridge was Pennsylvania's governor, then-Texas governor Bush called on behalf of Lay to help Enron break into Pennsylvania's tightly regulated electricity market.
  • Curtis Hebert Jr. Former Chairman of the Federal Energy Regulatory Commission He told the New York Times that Lay was using his sway with Bush to influence FERC decisions. Hebert resigned in 2001, and the position was filled with Texan Pat Wood III, a friend of Bush and Lay.
  • At least 15 high-ranking Bush administration officials owned Enron stock last year.

Enron executives met with the Bush administration just one day before the administration determined not to assist California in its Enron-created energy crisis. The administration did not impose price caps and allowed Enron to further gouge California energy consumers potentially bankrupting California energy providers and endangered the stability of the government of California.

We know that Enron Corp. officials had six meetings with Vice President Dick Cheney and his aides over an eight-month period to discuss the nation's energy policy. Rep. Henry Waxman, D.-Calif., has been pressing Cheney to detail his contacts with the troubled company. "There is a very intimate connection between Enron and the Bush administration. How could they not have known what was happening?" Waxman said. "I think we need to find out what people in the administration knew, many of whom used to work for Enron. We ought to find out whether they ignored warning signs." "The White House had knowledge that Enron was likely to collapse but did nothing to try to protect innocent employees and shareholders who ultimately lost their life savings,'' he said in a statement. ``I am deeply troubled that the White House stood by and let this happen to thousands of families.''
1-24-02 Executives and accountants have much to answer for, but they can be forgiven for cracking a wry smile when members of Congress begin lecturing them on dereliction of duty. Congress itself, as much as Enron and Arthur Andersen, bears responsibility for the current state of affairs.
1-24-02 The case of Enron and its auditors may become spring 2002's successor to the Monica Lewinsky case, but addressing the scandal fails to address America's real problem, which is the domination of politics by money.
1-23-02 Enron and Argentina the twin debacles of globalization. It is said that in politics and in war, fortune smiles all too briefly. After allowing it to briefly savor the success of its Afghanistan campaign, history, cunning and inscrutable as usual, has suddenly dealt the Bush administration two massive body blows: the Enron implosion and the Argentine collapse. These towering twin disasters threaten to push the global elite back to the crisis of legitimacy that was shaking its hegemony globally prior to September 11.
1-26-02 Poll Finds Enron's Taint Clings More to G.O.P. Than Democrats. Their suspicions are growing that the Bush administration is hiding something or lying about its own dealings with the Enron Corporation before the company filed for bankruptcy protection, the latest New York Times/ CBS News Poll shows.
1-26-02 GAO to take legal action. The head of the General Accounting Office conducting a congressional inquiry into the Bush administration's energy proposals said yesterday he would sue the White House next week if the administration does not comply with his demands, in what would be the first legal action of its kind between the legislative and executive branches of government
1-26-02 US energy policy helped Enron's India plans. The White House apparently added a last-minute provision to the Bush administration's energy policy last spring that was helpful to Enron, a Democratic congressman said.(Times of India)
1-26-02 Death ruled suicide. The death of former Enron executive John Clifford Baxter was officially ruled a suicide today by the Harris County Medical Examiner's office.
1-25-02 Some officials at Arthur Andersen were worried about a "heightened risk" of fraud in Enron's books a week before the energy company shocked stockholders with huge losses, an auditor's memo from last October shows. The e-mail by Andersen auditor Mark Zajac warned that a computer analysis of Enron's financial activities in the third quarter of last year indicated "a red alert: a heightened risk of financial statement fraud," according to investigators.
1-25-02 Vice President Dick Cheney's office again refused this week to turn over details of how the White House formulated its energy policy - including bankrupt Enron Corp.'s involvement - despite increased pressure from Congress.
1-25-02 Many May Be Surprised to Be Enron Investors - In the last year, more than 50 mutual funds and insurance companies, including some of the largest and best known in America, invested in a trust created by Enron in 1997 to finance the operations of several of the energy company's shadowy partnerships.
1-25-02 NSC Aided Enron's Efforts -The White House's National Security Council is the president's nerve center for international crises and strategy. For a moment last year, it also acted as a sort of concierge service for Enron Chairman Kenneth L. Lay and India's national security adviser, Brajesh Mishra.
1-26-02 Enron spread its net far and wide in bid to protect its business interests. The dollar trail snaked from Enron Corp.'s hometown of Houston to the Texas capital of Austin to Washington, D.C. Along the way, politicians who could help the energy trader got money for their campaign chests.

1-25-02 Like Enron employees, Lay could lose nearly all - his vast fortune from stocks, bonuses is susceptible to lawsuits. He netted nearly $145 million through stock sales alone in that 10 years. In just the past five years, he drew $6 million in salary and received more than $20 million in bonuses. He also may still be able to claim a $60 million severance package.
1-24-02 He's the top Republican on the Senate Banking Committee and a big recipient of Enron campaign contributions. She's on Enron's board and audit committee. Together, they are Phil and Wendy Gramm, a Washington power couple entangled like no other in Enron's fall.
1-24-02 Executives and accountants have much to answer for, but they can be forgiven for cracking a wry smile when members of Congress begin lecturing them on dereliction of duty. Congress itself, as much as Enron and Arthur Andersen, bears responsibility for the current state of affairs.
1-24-02 The case of Enron and its auditors may become spring 2002's successor to the Monica Lewinsky case, but addressing the scandal fails to address America's real problem, which is the domination of politics by money.
1-23-02 Enron and Argentina the twin debacles of globalization. It is said that in politics and in war, fortune smiles all too briefly. After allowing it to briefly savor the success of its Afghanistan campaign, history, cunning and inscrutable as usual, has suddenly dealt the Bush administration two massive body blows: the Enron implosion and the Argentine collapse. These towering twin disasters threaten to push the global elite back to the crisis of legitimacy that was shaking its hegemony globally prior to September 11.
1-23-02 In 2002 election, Enron looms large The return of Congress today marks the start of what promises to be one of the closest fights for control of the House and Senate ever - with all issues grist for Campaign 2002.
1-23-02 As reporters systematically uncover the links between Enron Corp, its accountants and virtually every American politician with a pulse, the multiplying connections can obscure as much as they reveal. In many quarters, the story is being portrayed as a simple morality tale of how money corrupts politics. Yet the lesson of Enron's experience in Washington is more complex. Money always matters, but it matters most when the media and public are not watching the decisions money is meant to manipulate.
1-22-02 Abruptly changing his tone about a company that contributed heavily to his political campaigns, President Bush said today that he was "outraged" that the Enron Corporation misled its employees and investors, including his mother-in-law, who he said lost more than $8,000 when its stock collapsed.
1-22-02 FBI searches Enron head office. Federal investigators have started a search of Enron's headquarters in Houston after a former executive alleged that documents had been shredded there even after a court forbidding such action.
1-22-02 Over three years starting in 1999, Kenneth L. Lay has reported receiving more than $200 million either from Enron (news/quote) directly or through exercising stock options. Yet, his lawyer now says, he was forced to borrow millions more from the company last year to meet his obligations.
1-22-02 The Enron debacle is proving to be an unexpected windfall for the effort to overhaul the nation's campaign finance laws
1-22-02 Shredded documents. Congressional investigations. Phone calls to the President's men. Billions of dollars vanished. And that's the short list of the intriguing goings-on in the scandal that is Enron Corp., the Houston energy-trading company.
1-22-02 A Texas Supreme Court justice who has been nominated by President Bush to fill a vacant federal judgeship could face a fierce Senate confirmation fight because her critics say she once wrote an opinion that saved the Enron Corporation (news/quote) about $15 million after accepting campaign contributions from the company.
1-21-02 Today Ralph Nader and leading citizen advocates and scholars, called for a Citizens Reform Agenda to address the Enron/Arthur Andersen scandals. The agenda proposes reforms for the accounting industry, the banking and lending industry, pensions, campaign financing, securities reform, and energy deregulation.
1-21-02 The CEO of Arthur Andersen, the accounting firm responsible for auditing Enron, conceded Sunday that his company made errors but said that the energy giant's demise was ultimately the result of a failed business model, not shady accounting.

1-20-02 Ken Johnson, a spokesman for the House energy and commerce investigations committee, said: "It is becoming clear to us that people at both Andersen and Enron tried to hide the company's financial problems. If that happened, there is a very good possibility that some crimes were committed. The deeper we dig, the uglier this gets.
1-21-02 They were insiders. They traded But whether 29 Enron officers and directors were guilty of illegal insider trading is something the courts will now have to decide.
1-21-02 The collapse of Enron Corp., so far a political, legal and investor crisis, is now imposing widespread costs on the U.S. economy, according to a range of companies, energy experts and bankers.
1-21-02 President Bush's advisers, fearing the Enron Corp. bankruptcy controversy could divert attention from his second-year agenda, are debating what to do about a political problem they helped create.
1-21-02 Nearly 200 former Enron Corp. workers have united to demand severance pay from the bankrupt energy giant that abruptly laid them off last month. "We're about getting just due compensation for former employees," said Rod Jordan, 63, one of 4,500 employees who lost their jobs when the company filed the largest-ever corporate bankruptcy.
1-21-02 Monster Mess The Enron fallout has just begun. Anytime a stock market bubble bursts, a business scandal that epitomizes the excesses of that particular period is seldom far behind. The Roaring '20s had Teapot Dome. The end of the bull market in the early 1970s was marked by the collapse of Equity Funding Corp. The 1980s, of course, had Michael Milken.
1-21-02 Houston - Enron Corp. chairman Kenneth Lay held several meetings in late October with a vice president who had urged him to clean up a series of "improprieties," her lawyer said in a weekend interview.
1-21-02 U.S. Rep. John Tanner says Enron Corporation's bankruptcy is evidence of a divide between U.S. business and the spirit of capitalism.
1-20-02 Two questions which the White House has so far refused to answer are likely to become two of the most contentious issues in the Bush administration's first real domestic crisis. What did US Vice-President Dick Cheney know about Enron's slide towards bankruptcy? And to what degree did Enron CEO and chairman Kenneth Lay influence Cheney's formulation of White House energy policy?
1-19-02 Enron's loss may cost U.S. taxpayers. The firm and two partners want a federal agency that insured a power-plant project to pay $200 million. In the aftermath of Enron's collapse, which ruined the investments and retirement accounts of thousands of Americans, U.S. taxpayers may have to pay millions of dollars for the company's losses from overseas investments
1-19-02 Interviews with officials at Enron and its former auditor, Arthur Andersen, have yielded "great leads" in helping understand the energy giant's collapse and determine potential wrongdoing, congressional investigators said Friday.
1-19-02 Legal action against Arthur Andersen for its role in the collapse of the disgraced US energy company Enron increased yesterday as investors who lost billions of dollars turned their anger on the accountancy firm.
1-19-02 Wendy Lee Gramm snared in collapse fallout As ex-regulator, Enron director should have seen signals, critics say.
1-18-02 Arthur Andersen lurched deeper into crisis yesterday after it emerged that the accountancy firm may have been aware of the problems at Enron as much as one year ago.
1-18-02 Vice President Cheney tried to help Enron collect a $64 million debt from a giant energy project in India.
1-18-02 When the glare of publicity suddenly found him, David B. Duncan was cast as a rogue accountant, panicked into a shredding frenzy by the thought of investigators sifting through his auditing team's paperwork. The image may yet prove true. But those familiar with Arthur Andersen, and to the high-stakes auditing of Big Five accounting firms, suggest it stretches credibility to think he operated as independently as the bosses who fired him two days ago claim.
1-19-02 Interviews with officials at Enron and its former auditor, Arthur Andersen, have yielded "great leads" in helping understand the energy giant's collapse and determine potential wrongdoing, congressional investigators said Friday.
1-18-02 Evidence Indicates That O’Neill Helped Enron Hide Financial Condition; Public Citizen Calls on Treasury Secretary to Explain
1-18-02 Documents disclosed yesterday indicate that Kenneth L. Lay, the chairman and chief executive of Enron disposed of stock within days of receiving a letter warning of accounting problems at the company. They shuold lock this guy up and throw away the key.
1-18-02 The Bush administration labored yesterday to salvage its energy program from the wreckage of the Enron scandal, fending off criticism that its policies were tailored to suit Enron's needs and rejecting congressional demands for information about its contacts with the energy industry.
1-18-02 The deeper Enron scandal lies not in the nervous contacts with cabinet members when the giant corporation was sliding down the tube, but in its ability to manipulate a government awash in campaign contributions in the days when the company was flying high.
1-17-02 A team led by President Bush's economic adviser Lawrence Lindsey, a former Enron consultant who was paid $50,000 by Enron as the company's consultant in 2000, reviewed the company's financial woes last fall but did not take any action, the White House said Wednesday.
1-17-02 Accounting giant Andersen and collapsed power trader Enron Corp. share a long and now uncomfortably close relationship that begins--but certainly doesn't end--with a procession of executives who moved from the auditing firm to occupy top posts at Enron.
1-17-02 Andersen fires lead auditor in Enron case. Three others are being disciplined as the probe continues.
1-17-02 Congress' request for records fails. Bush won't release data on Cheney-Enron talks
1-18-02 Enron: A Scandal So Good That It Hurt - This just keeps getting better and better.
1-18-02 With the Enron collapse wiping out at least $1 billion from the retirement funds of teachers, firefighters and other public employees, states are joining a class-action lawsuit to win back some money.
1-18-02 As Questions Get Louder, Cheney Stays Silent - Critics want details on meetings with Enron over energy policy. He asserts executive privilege.
1-17-02 Memo shows Andersen knew of Enron woes in Feb.
1-16-02 At least 10 House and Senate committees are going through documents and scheduling hearings to investigate the biggest bankruptcy in U.S. history. That's on top of investigations underway at the Department of Justice, the Securities and Exchange Commission, the Labor Department and the Internal Revenue Service.
1-16-02 Fired auditor knew in August about Enron whistle-blower's warning
1-15-02 It is well known that the Enron Corp. lavished money and attention on political figures all over the nation's capital. But for an insight into how carefully the company cultivated members of Congress, look no further than its efforts to please its home state powerhouse, Rep. Tom DeLay.
1-13-02 It's Time to Appoint a Special Prosecutor - To have the Bush Justice Department investigate Enron is a classic case of the fox being hired to guard the hen house.
1-15-02 A Swiss investment bank won't pay anything to acquire Enron Corp.'s energy trading business, won't assume any of the troubled company's debts and will share a third of its profits with Enron and its creditors
1-14-02 Top Enron executives "cooked the books" as the energy corporation neared financial collapse, an attorney for shareholders charged Monday
1-14-02 As Enron Corp.'s collapse has mushroomed into a major political issue, pressure appears to be growing on Vice President Dick Cheney to fully disclose the Houston company's role in developing President Bush's energy plan last spring.
1-13-02 Not long ago, Enron Corp.'s name was part of the lexicon of corporate and political power. The company's contacts and influence in the White House and Congress bred envy among competitors. Enron was a driving force behind a radical shift in the U.S. energy policy, and its fortune seemed guaranteed for years. But in a matter of weeks, Enron has been transformed into shorthand for a corporate scandal, one that has touched politicians and regulators in Washington, accountants and executives on Wall Street, and employees and other shareholders who lost tens of billions of dollars as the company tumbled into bankruptcy protection.
1-15-02 The growing scandal over the collapse of Enron Corp. deepened on Tuesday, with accounting firm Andersen saying its lead partner for auditing the energy trader had ordered documents destroyed after learning federal regulators wanted to see them.
1-14-02 President Bush's chief of staff was told last fall of Enron Corp.'s request for government help.
1-14-02 Enron, PG&E similar tales - The correlation is very simple: Corporations like PG&E and Enron want to take an essential commodity and gouge us with it.
1-15-02 Bush, the corporations' flag-carrier. Enron's collapse exposes the folly of his cash-for-influence policy. The Enron debacle is potentially so dangerous for Bush because it makes it painfully clear that the old equation does not hold. The Enron executives got rich even as their company was plunging into the abyss, taking its employees with it.
1-13-02 Democratic lawmakers are divided about how aggressively to investigate the White House's relationship to the implosion of Enron Corp., with an increasing number of party officials warning their colleagues against overreaching or showing too much glee in attacking a popular wartime president.
1-14-02 GOP Enron Plan: Shift the Blame - With the political furor over the collapse of Enron Corp. gaining momentum, Republicans on Capitol Hill are already preparing their strategy for countering Democratic attacks. It's a strategy that sounds hauntingly familiar to veterans of the political wars of the late 1990s: Blame it on Bill Clinton and the Democrats.
1-13-02 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 thousands of e-mails and other electronic and paper files that could have helped illuminate the actions and motivations of Enron executives involved in what now is the biggest bankruptcy in U.S. history.
1-13-02 Economic Collapse, Political Fallout - The story on Oniel and Evans getting calls from Lay but telling no one sure sounds a tad fishy. Not even a - hey boss your money tree is about to be cut down.
1-12-02 Bush lies- In distancing himself from Enron, President Bush said that CEO Kenneth Lay "was a supporter" of Democrat Ann Richards in his first race for Texas governor in 1994. But records and interviews with people involved in the Richards campaign show that he was a far bigger Bush supporter. Bush got three times more money.
1-12-02 Hidden Numbers Crushed Enron
'Partnerships' Shielded $600 Million Debt
1-12-02 The Justice Department named a career federal prosecutor specializing in fraud and other white-collar crimes to lead the investigation into the collapse of Enron Corporation as the White House revealed more attempts by Enron executives to seek help for the failing company from the Bush administration.
1-12-02 Congressional investigators asked the big accounting firm Arthur Andersen yesterday for more information about its destruction of documents related to energy trader Enron Corp., including internal correspondence during the period when records were being destroyed.
In addition to being one of the single largest financial backers of George W. Bush's political career, Ken Lay can count himself among the president's closest friends.
The rise and fall of Enron is an instant classic in the annals of capitalism because, in one calamitous stroke, it wipes out so many sanctified illusions that rule in the magic marketplace.
What does the California energy crisis, Enron, IBP Inc., Chicago Mercantile Exchange Commodity Futures Trading Commission, State Farm Ins. Co., ADM, the U.S. Senate and George W. Bush have in common?
1-16-02 Accounting firm Andersen was warned of trouble at Enron Corp. last summer by an internal whistle-blower, Congressional investigators said after quizzing a fired Andersen audit partner in a widening probe into the collapsed energy trading giant .
Enron paid big bonuses before filing 500 get incentives worth $55.7 million
Friends in High Places Bankrupt Enron Held Sway With Current Bush Administration
Leaders in the Green Party of the United States urge Congress to extend its investigation of Enron to the company's ties to the Bush administration
Showdown at the Kilowatt Corral Texas companies with ties to George W. Bush are cashing in on California's energy crisis.
Hail and farewell, o Enron! Enron-gate Where are the investigations of Bush’s liaison with the bankrupt company?
Free Lessons on Corporate Hubris, Courtesy of Enron
Enron adds up 4 years of errors energy giant restates finances to account for lost $600 million
Slick oil George W. Bush's toxic money pipeline.
Enron Is Target of Criminal Probe U.S. Said to Focus On Whether Firm Deceived Investors
The Enron Chain Saw Massacre The Enron scandal is becoming more and more like a horror movie: It's not what's on screen that scares you, it's the unseen monster in the dark
Justice Dept. to Form Task Force to Investigate Collapse of Enron
White House Moves to Contain Political Damage From Enron Turmoil
Houston feds and Ashcroft pull out of Enron Corp. investigation.
Enron defends timing of checks for Democrats - 71 sitting senators have received money from Enron
Compassionately Conserving Enron
Senate to subpoena Enron execs, auditors
Enron's 401(k) claims disputed
Senate panel hears of employees' losses
Enron Is a Cancer on the Presidency
The fall of Enron Pressure cooker finally exploded
Firm's Saga Could Dog Bush in Election Year
Enron lawyers haggling over bids for trading unit
Ken Who? Bush team plays defense
Auditor, Enron trade blame
Andersen CEO testifies before House committee
Former Enron workers left in insurance limbo - Company fails to complete paperwork
Enron chiefs sued for $25bn
Enron's Big Wheel Has a Heavy Tread -When it comes to prodding government policymakers to action, nobody comes close to Enron Corp
Risky Trades by Enron Recall Earlier Crisis
Execs earned $600 million from stock over last 4 years
Enron executives who dumped stock were heavy donors to Bush
Bush Officials Received Early Warning on Enron
Lay hinted bailout, White House reveals
Cheney met 6 times with Enron execs
Key Bush Energy Advisers Reveal Large Enron Holdings!
Enron lays off 4,000 Many ex-employees feel betrayed and angry
Enron Executives Contributed to Ashcroft Campaigns
Enron executives who dumped stock were heavy donors to Bush. Twenty-four top executives and board members at Enron Corp. contributed nearly $800,000 to national political parties, President Bush, members of Congress, and others overseeing investigations of the company for possible securities fraud, according to a Center for Public Integrity investigation. In addition, Enron made $1.9 million in soft money contributions during the same 1999-2001 period.
Andersen's revelation that it destroyed documents relating to its audit of Enron Corp. has cast doubt on the credibility of the Big Five accounting firm and raises questions of legal liability.
Enron Class Action Lawsuits
Enron Contacted 2 Cabinet Officers Before Collapsing
Timeline of Enron's Collapse
Enron's Lay called Greenspan in October
Bush pushing Enron to Argentina in 1988
Enron's links to Bush team raise questions
Enron Asked for Help From Cabinet Officials CEO Sought Intervention on Bond Rating
Enron Shares Halted for News Pending
Texas Attorney General John Cornyn, who has accepted $193,000 in campaign contributions from Enron and its executives since 1997, withdrew Friday 1-10-02 from participating in his office's investigation into the bankrupt energy company.
More than 250 members of Congress - Democrats as well as Republicans - received political contributions from now-bankrupt Enron and at least 15 high-ranking Bush administration officials owned stock in the energy company last year, according to two government watchdog groups.
So now we know why the White House has spent the better part of a year fending off congressional efforts to find out who Vice President Cheney met with for input on his Energy Task Force. Turns out the VP and his staff had at least six meetings with representatives from Enron -- including one with Chairman Kenneth Lay -- the last of which occurred just six days before the company revealed that it had vastly overstated its earnings, signaling the beginning of the end for the energy giant.
Former Treasury Secretary Robert Rubin Treasury secretary under President Clinton joined Enron Corp. executives in a futile effort to persuade the Bush administration to help keep the company from plunging into bankruptcy, government officials said Friday 1-10-02.
Texas politicians, long the biggest beneficiaries of Enron Corp.'s prodigious campaign spending, are now facing the downside of the fallen corporation's political largess. Those who pocketed Enron political contributions in the past include lawmakers now seated on committees investigating the energy giant's dramatic fall, and others running for office in contested races. Throughout Washington, the pervasiveness of Enron's campaign spending is proving problematic for those now wanting to distance themselves from the escalating scandal.
For reasons that may turn out to be too obvious, the Enron Corp. of Houston decided last year to switch administrators for its company 401(k) retirement plan. The administrator is a financial management company that kept the books, invested employees' money in various mutual funds, sent out quarterly statements, received those weekly or biweekly contributions from the employees' payroll, and generally tended the retirement savings of Enron's 20,000 employees, who collectively held about $1 billion worth of company stock.
1-14-02 Judicial Watch, the public interest law firm that investigates and prosecutes government corruption and abuse, said today that it has filed lawsuits against Bush Administration agencies for their failure to provide documents under the Freedom of Information Act (“FOIA”) concerning the bourgeoning Enron scandal
1-14-02 The Enron scandal, which has laid waste to thousands of employees' life savings and revealed questionable ties to the Bush White House and members of Congress, spotlights a conflict of interest in government and shouts the need for campaign finance reform.
1-15-02 Raising further questions about Enron CEO Kenneth Lay's knowledge of his company's inner workings, a letter from a company employee to CEO Kenneth Lay in August, made public today, expresses concern that the energy trading company "will implode in a wave of accounting scandals."
1-17-02 Enron paid no income taxes in four of the past five years, using almost 900 subsidiaries in tax-haven countries and other techniques, an analysis of its financial reports to shareholders shows. It was also eligible for $382 million in tax refunds.The company used strategies common among businesses to avoid taxes. It also used some unusual methods, among them the creation of 881 subsidiaries abroad, including 692 in the Cayman Islands, 119 in the Turks and Caicos, 43 in Mauritius and eight in Bermuda.
What the world is now awakening to is that the Enron Corporation was not much of a company, but its executives made sure that it was one hell of a stock.
1-10-02 The Enron Story You Haven't Heard - There are more sides to the worst corporate failure in history than you can imagine. The bankrupt energy trader Enron Corp., whose collapse last year is said to be the worst corporate failure in history, has 2,832 subsidiaries, of which 874 are registered in the Cayman Islands or other tax and bank secrecy havens.
“Companies come and go. It’s ... part of the genius of capitalism,” said Treasury Secretary Paul O’Neill when asked if he was surprised at the sudden collapse of Enron. The company’s failure has left the one-time energy trading behemoth’s stock virtually worthless and thousands of workers’ pension funds in disarray.

anti-Bush T-shirts
6-17-02 $680 million paid to top Enron execs in '01 Lay, Skilling together topped $109 million. Enron paid its top 140 executives a total of $680 million in the year prior to its Dec. 2 bankruptcy, according to a filing the company will make public today. Houston Chronicle
5-22-02 Bush Staff Subpoenaed Over Enron Senators voted Wednesday to issue Congress' first subpoenas to the Bush White House, demanding turnover of information about staff contacts with Enron officials. Guardian Unlimited
5-12-02 How Enron Gave California a Power Bust. The list of Enron's corporate sins got even longer last week when the company's new managers discovered memos describing how traders apparently manipulated energy markets during California's recent electricity crisis, boosting the company's sales and profits. Washington Post
5-7-02 Enron Papers Show Manipulation of California Crisis Enron Corp. manipulated the California electricity market with such maneuvers as transferring energy outside the state to evade price caps and creating phony "congestion" on power lines, according to internal Enron documents released yesterday. Washington Post
4-24-02 Enron utility's 'dead peasant' policies rankle. When workers at Portland General die, there's a little more money to spend on the top executives of the Enron subsidiary. Houston Chronicle

4-19-02 Enron president to resign effective June 1. Enron Corp. President Jeffrey McMahon, who complained two years ago about impropriety of financial partnerships that helped fuel the company's swift downfall, said today he will resign effective June 1.
Houston Chronicle
4-16-02 How Enron made a killing in California - Selling energy at hefty premium, trader dominated market. -- In late 2000, electricity prices were soaring in California. Politicians were scrambling to find energy. Consumers were being warned the lights could soon go off. And Enron Corp was making a killing, charging more than twice what its rivals charged within the state while pushing more than four times as much energy through the power grids that included California's, according to a CBS.MarketWatch.com study of federal energy documents.
4-16-02 FBI investigates army secretary's Enron dealings The US government was dragged back into the Enron scandal yesterday with reports that federal investigators are studying possible insider trading by army secretary Thomas White. The Guardian
4-13-02 SEC Challenges Enron's Retention Bonus, Severance Plan. The Securities and Exchange Commission on Friday challenged a retention bonus plan for 1,285 "key employees" at bankrupt Enron Corp., saying the company must provide more disclosure to justify why the payments of up to $130 million are warranted. LA Times
4-12-02 Army Secretary defends calls to Enron friends Army Secretary Thomas White insisted today that no sensitive information was exchanged during dozens of phone calls with former Enron colleagues, some of which took place while the company's stock prices were tumbling. Houston Chornicle
4-6-02 Army secretary walking tightrope in Enron scandal. He's not named in any lawsuit. He doesn't merit a mention in the famous Powers Report. Even his harshest critics on Capitol Hill are careful to say they aren't accusing him of specific wrongdoing. But as the highest-ranking Bush administration official to come from Houston's bankrupt Enron Corp., Army Secretary Thomas White is in a battle to save his reputation, if not his job.
Houston Chonicle
4-5-02 Army Chief Should Quit. Secretary of the Army Thomas E. White worked as an executive at Enron for 11 years but claims he knew nothing of the shady practices that led to its downfall. Maybe White really was clueless during his time at Enron, but he is not doing himself any favors by failing to properly explain his dealings with the failed energy giant after he left it.
LA Times
4-5-02 Army Secretary Defends Support From Enron. While his confirmation as Army secretary was pending last spring, Thomas E. White received significant support from his employer, Enron Corp., including a letter of recommendation from then-Chairman Kenneth L. Lay and rides to and from Washington on the company's jet. Washington Post
4-2-02 New Inquiry Is Sought Into Enron. The Overseas Private Investment Corporation has asked the Justice Department to examine whether Enron misrepresented its financial condition in obtaining more than $1 billion in taxpayer-backed financing and insurance for international projects, a step that could lead the agency to pull its support for some foreign deals.
New York Times
4-1-02 Special Grand Jury Zeroes In on Enron Executives Prosecutors have opened a new phase in their investigation of the collapse of the Enron Corporation, advancing beyond the indictment of its auditor, Arthur Andersen, to focus on executives of Enron and their activities, according to people involved in the case.
New York Times
3-30-02 Enron exec's family seeks to keep suicide note private-- A lawyer for the family of an Enron executive who killed himself has asked that his suicide note not be made public -- a request that news organizations call an effort "to rewrite basic aspects of Texas open records law." Houston Chronicle
3-27-02 Enron Had Complained About Fired Broker UBS Employee Issued Warning on Stock UBS PaineWebber's firing of a broker last summer came after Enron Corp. officials complained that he had warned customers to sell Enron stock, according to the brokerage firm's account of the incident.
Washington Post
3-26-02 Enron Plantiffs Seen Set to Sue Big Investment Banks Enron Corp. shareholders are expected to unveil a lawsuit next week against big investment banks with ties to the bankrupt energy trader, threatening a legal battle with potentially devastating consequences for Wall Street, lawyers said on Tuesday. Aberdeen News
3-25-02 Rumsfeld says he discussed Enron scandal with Army secretary
Defense Secretary Donald H. Rumsfeld said today he has talked to Army Secretary Thomas White about White's contacts with former colleagues at Enron Corp. Rumsfeld told a Pentagon news conference that he and White discussed how White would respond to investigations of Enron's collapse last year and how White would remove himself from any Pentagon business involving his former company.
Houston Chronicle
3-22-02Credit Agencies Say Enron Dishonesty Misled Them As the Securities and Exchange Commission announced a formal review of credit-rating agencies in the aftermath of Enron's collapse, the rating firms argued today that Enron officials had withheld crucial details about company finances. That dishonesty, the agencies said, played a crucial role in their failure to discern Enron's problems more quickly.
New York Times
3-20-02 Enron sends California garbage
California prosecutors say that when they pried open 940 boxes of documents subpoenaed from bankrupt energy giant Enron Corp., they made a surprising discovery.
"What we found were discarded Kleenexes, old pizza boxes, garbage," California Attorney General Bill Lockyer told reporters. Houston Chronicle
3-19-02 Enron: the movie It has drama and corruption, heroes and villains, violent death and a mystery ending. So perhaps it is hardly surprising that the bidding wars have started as studios enter the race to make the first film about the Enron scandal.
The Guardian
3-17-02 Enron and Congress created an economic tragedy What financial event could be more horrifying than watching a lifetime of retirement savings evaporate in the blink of an eye and being powerless to stop it? Thousands of Enron employees witnessed just such a catastrophe last year as the energy giant collapsed under the weight of shady deals and accounting skulduggery. These employees want answers: Who is responsible? The Miami Herald
3-16-02 Enron, Andersen banned from government contracts. In the latest blow to the reeling fortunes of energy giant Enron Corp., the federal government has banned the company, along with accounting firm Arthur Andersen, from winning government contracts.
Houston Chronicle
3-14-02 It's The Lawyers' Turn To Answer For Enron. Vinson & Elkins, Houston's largest law firm, and one of its most prestigious, represented Enron for the company's entire corporate life and was intimately involved in structuring its transactions, disclosing its financials to the public and conducting internal investigations of its alleged wrongdoing. In contrast to Arthur Andersen, Enron's accountants, whose corporate life is threatened, the law firm has escaped serious repercussions, at least so far.
Forbes
3-13-02 U.S. pushing Andersen for guilty plea over Enron. The Department of Justice is pressing accounting firm Andersen to plead guilty to charges related to its role in the collapse of Enron under threat of an indictment that may already be waiting under court seal, sources familiar with the case say.
Reuters
3-13-02 The Enron Ponzi scheme. How many people were "Enroned"? How wide will the circle of corruption spread? It was Adam Smith who identified what turned out to be the central ethical fault line in Enron. The corporation, he wrote in The Wealth of Nations, was an inherently corrupting business form. The Atlantic
3-11-02 Enron seeks to pay $3.8 million in back taxes to avoid eviction. Enron Corp. is late paying property taxes on its 50-story glass tower, but company officials say they aren't worried about getting evicted from their headquarters.
San Francisco Chronicle
3-10-02 U.S. Checking Enron Deal at Ft. Hamilton Defense Department inspectors are examining changes in bid requirements that helped the Enron Corporation win a $25 million Army contract to run the utility systems at Fort Hamilton in Brooklyn, according to federal investigators.
New York Times
3-7-02 Enron lobbying correction: $2.5 million for six months of pressing its agenda on Bush administration, Congress. Enron Corp. belatedly disclosed that it spent nearly $2.5 million lobbying the Bush administration and Congress in the first six months of last year. That was three times more than the energy trader originally acknowledged, and even the corrected figure may be wrong.
San Franciso Chronicle
3-6-02 Analyst says he was fired for urging sale of Enron stock as his firm touted Enron. More than three months before Enron Corp. went bankrupt, UBS PaineWebber financial adviser Chung Wu lost his job on the same day he suggested his clients sell the stock.
San Francisco Chronicle
3-5-02 Bankruptcy judge approves $1,110 for each laid-off Enron worker. The New York judge overseeing Enron Corp.'s bankruptcy today approved a plan to distribute about $1,100 in severance money to each of the approximately 4,500 workers laid off when the company filed for bankruptcy in December. Houston Chronicle
3-4-02 Press Falls for Lie About Clinton, Enron. In a democratic society, successful propaganda generally relieson two elements: the fabrication of a useful, plausible, specific lie, and the deployment of visible professionals who are willing to repeat it until it’s believed. Like any other salesman, the resourceful propagandist must also be prepared to get lucky. The New York Observer
3-3-02 Enron paid incentives for profit mirage. Enron Corp founder Kenneth Lay and other executives reaped hundreds of millions of dollars in bonuses and stock options tied to four years of profits the energy trader later wiped off the books. Enron's board gave rising levels of incentive pay to company managers, including Mr Lay and his successor as chief executive officer, Jeffrey Skilling, as the company hid $US1 billion ($1.95 billion) in losses in affiliated partnerships from 1998 to 2001, company records show. The Sydney Morning Herald
3-2-02 Enron focus shifts to CSFB. The focus on Wall Street's role in the Enron debacle switched to Credit Suisse First Boston yesterday and the part it played in creating controversial offshore partnerships for the US energy trader.
The investment bank has handed documents relating to its dealings with the bankrupt company to investigators working for Congress. The Guardian
3-1-02 Poll: Enron Hurting White House The latest CBS News poll shows the fallout from the Enron bankruptcy continues to haunt the Bush Administration. Majorities of Americans now think the Bush administration and Vice President Dick Cheney are hiding something about their dealings with Enron. For the Vice President, the Enron connection comes in the form of the General Accounting Office lawsuit to access records from his energy task force meetings with industry executives. Most Americans believe big business has too much influence on both Congress and the current Administration.
CBS News
2-28-01 The Enron-Cheney-Taliban Connection? Enron is a scandal so enormous that it's hard to wrap your mind around it. Not just a single financial disaster, it's actually a jigsaw of interlocking scandals, each outrageous in its own right. Alternet.org
2-28-02 Energy Dept. Ordered To Release Documents 7,500 Pages Involve Work of Cheney Panel A federal court ordered the Bush administration's Energy Department to turn over 7,500 pages of documents related to Vice President Cheney's energy task force, a decision that would make public for the first time detailed information about the influence of industry executives and others over the administration's energy policy. Washington Post

2-27-02 Bitter row dominates Enron hearing. Enron's former chief executive Jeffrey Skilling has outraged Senators by insisting that he had not done anything wrong. His comments that Enron's collapse was caused by a "classic run on the bank" created such anger that the hearing degenerated into a slanging match at times. BBC News
2-26-02 Enron Executive Said to Be Aiding in Federal Inquiry. A senior official from Enron finance division, himself a subject of the criminal inquiry into the company's collapse, has begun cooperating with federal officials handling the case, people who have been briefed on the situation said yesterday. New York Times
2-26-02 DA says Enron may owe back tax Inquiry targets property listing. Harris County prosecutors are investigating whether state law was broken when one of Enron Corp.'s failed business ventures failed to properly account for at least $15 million in telecommunications equipment. Houston Chronicle
2-25-02 U.S. agencies lent Enron $1.2 billion - Enron Asks Feds for Insurance Help Enron Corp. has asked a federal agency to pay a huge insurance claim on an idled power plant in India, a project financed in part by a still-outstanding government-backed loan. The relationship between Enron and the little-known Overseas Private Investment Corp. demonstrates the company's two-prong government-relations strategy. In the United States, the energy giant has sought to free power companies from regulation. But internationally, Enron has embraced government help in the form of loans and insurance protection.
LA Times
2-23-02 Thirty-three states are asking a bankruptcy court to block Enron Corp. executives from securing millions of dollars from the company for their legal defense. "Enron's directors and officers should not be advanced money for their civil or criminal defense costs before the issue of their individual liability has been resolved," Oregon Attorney General Hardy Myers, the lead attorney for the group, said in a news release Friday. Detroit Free Press
2-22-02 The Beginning of the Enron Paper Trail. The Smoking Gun. George W. is back-pedaling as fast as he can to distance himself from Enron and his former buddy, Kenneth Lay. To convince the American public that "Kenny Boy's" business scandal had nothing to do with his presidency, Bush has insisted that Kenny is just another supporter, one step above persona non grata.
Alternet.org
2-22-02 Poll finds many prefer scandal to Games. Enron investigation proves more compelling than Winter Olympics More Americans in a new poll released Thursday say they are paying closer attention to the Enron story than the Winter Olympics. The poll, released Thursday by the Pew Research Center for the People & the Press, found overall public interest in Enron increased from 34 percent in December to 43 percent in January, reaching 61 percent in February. The Enron investigation is proving more compelling than the Winter Olympics, with 28 percent following Enron "very closely," compared to 22 percent for the Games in Salt Lake City. Houston Chronicle
2-22-02 Enron rigged energy
A former Enron employee said US Congress should investigate whether Enron's electronic trading unit intentionally congested power transmission lines in order to manipulate California's energy prices.
Daily telegraph
2-21-02 Enron Pushed Stock on Workers. Enron executives urged employees to invest all their retirement money in Enron stock, a Democratic congressman said Thursday after obtaining a videotape of a company meeting. Rep. Henry Waxman said a video from 1999 seems to conflict with recent Senate testimony by Enron executive Cindy Olson, who testified Feb. 5 that the company was legally prohibited from giving investment advice to employees.
The Philadelphea Inquirer
2-19-02 Math, Enron Style: $1.2 Billion = 'A Simple Mistake' Isn't it amazing that no one seems to have been responsible for the collapse of America's seventh-largest company? Washington Post
2-18-02 How an Enron director helped fund a deal that started the death spiral.
Whether because of investment, consulting, or other business ties to Enron Corp., the outside directors of the failed energy giant have come under withering fire for being too close to the firm they were supposed to oversee. Now, there is surprising new fallout from those relationships: A company controlled by an Enron director, U.S. News has learned, was a key source of funds for the venture that kicked off Enron's chain of financial trickery.
2-18-02 GOP/Enron satire site threatened. Enron owns the Republican Party in Texas, Webmaster Kelly Fero of EnronOwnsTheGOP.com would like to make clear, just in case anyone doubts that big money puts little men into powerful offices.
2-17-02 Laid-off Enron workers 'dismayed' Tight job market leaves many with financial woes. Elisa Hollis can count on one hand the number of people she worked with closely who have found jobs since being laid off when Enron filed for bankruptcy in December.
2-17-02 Enron Had More Than One Way to Disguise Rapid Rise in Debt. Along with the debt it spirited away in partnerships, Enron (news/quote) hid billions in loans in plain sight. The company took advantage of accounting rules to count large loans from Wall Street firms as financial hedges instead of debt on its balance sheet, according to accountants and industry analysts. The effect was to mask its weakening financial condition.
2-16-02 Enron Scandal: The Long, Winding Trail Who owns the government of the United States? The answer should be simple: the people do. After all, the root of 'democracy' is 'demos,' the Greek for common people. As America's greatest president, Abraham Lincoln, said on a momentous occasion, the nation had a government "of the people, by the people, for the people." But in the United States today, the answer to that question is not so simple. Money, more than ideas or ideology, determines elections in America.
2-16-02 Enron's retired get burned, too
Deferred-salary plan fizzles. Enron Corp. retiree Mary Wyatt says she's learned never to say, "It can't get worse than this."
2-15-02 Enron Heroine Is No Saint Don't look now, but Sherron Watkins's halo just got smudged a bit. Yes, the Enron whistle-blower deserves great credit for standing up to the good ole boys who ran the company into the ground. But it turns out she dumped $31,000 of her Enron stock, and another $17,000 in options, after warning Ken Lay that Enron was a ticking time bomb.
2-15-02 Company executive says Lay was duped Sherron Watkins laid the blame for Enron Corp.'s collapse squarely on top executives Jeff Skilling and Andrew Fastow Thursday, telling congressional investigators that they duped the head of the company and intimidated anyone who questioned their improper business deals.
2-14-02 2 key Enron execs placed on leave. Two men accused of failing to help control financial partnerships that helped topple Enron Corp. have been asked to take a leave of absence, their lawyers said Wednesday.
2-13-02 Watkins to discuss her now-famous memo - Enron exec plans to bring more documents to hearing - Sherron Watkins, the Enron vice president who in August told Chairman Ken Lay she feared their company might "implode in a wave of accounting scandals," will testify on Capitol Hill Thursday, her lawyer said.
2-13-02 Enron Paid Some, Not All, Deferred Compensation In the weeks before it filed for Chapter 11 bankruptcy protection, Enron allowed a small group of executives to withdraw their money from a deferred compensation program, giving them preferential treatment over some former managers who had also requested early withdrawal, according to former and current executives at the company.
2-13-02 The Enron file: Will anyone end up going to jail? Despite the appearance of clear misdeeds, proving criminal intent in white-collar cases is difficult.
2-12-02 The 'inquisitors' who will frame Enron story. One is a peppery Cajun whose Louisiana district is home to the firm that makes Tabasco sauce. Another is a former FBI agent from Ohio not known for quietly following the party line. A third is a Connecticut Democrat whose political skills were evident at such a young age that his college nickname was "Senator."
2-12-02 Enron doc links Lay to partnerships Ex-CEO signed approval sheet for at least one of such deals. An internal Enron Corp. document indicates for the first time that former Chairman and Chief Executive Kenneth Lay had a direct role approving deals with at least one of the company’s controversial executive-run partnerships.
2-11-02 The Labor Department is working to replace Enron Corp. officials with an independent legal representative on a committee that oversees the company's retirement plans. The department is investigating whether the officials legally responsible for Enron's 401(k) plan -- called fiduciaries -- were prudent and acted only in the interest of the employees and the plan, as required under the Employee Retirement Income Security Act of 1974, or ERISA, which governs employer-provided retirement plans.
2-11-02 Former Enron boss Kenneth Lay will refuse to answer questions when he appears before a Congressional hearing into the collapse of the US energy giant, his spokeswoman has said.
"Under the instruction of counsel, Mr Lay will exercise his Fifth Amendment rights," Kelly Kimberly said.
2-11-02 Enron Lobbyist Plotted Strategy Against Democrats While the Bush administration was drafting its national energy policy, a leading lobbyist for Enron Corp. was plotting strategy to turn the plan into a political weapon against Democrats, according to a newly obtained memo.
2-10-02 Enron expected a lot in exchange for political giftsThey called it "the matrix," a computer program that brought a scientific dimension to Enron's effort to seduce politicians and sway bureaucrats. With each proposed change in federal regulations, lobbyists punched details into a computer, allowing Enron economists in Houston to calculate just how much a rule change would cost. If the final figure was too high, executives used it as the cue to stoke their vast influence machine, mobilizing lobbyists and dialing up politicians who had accepted some of Enron's millions in campaign contributions.
2-8-02 Fastow Silent on His Role, but Others Aren't. On a day when former Enron chief financial officer Andrew S. Fastow declined to testify before Congress, other witnesses fleshed out a story of how Fastow masterminded the company's off-the-books partnerships and grew rich from them.
2-8-02 Enron? Nader Is Glad You Asked "I hate to say 'I told you so,'" he begins, barely cloaking his glee over what could be the greatest corporate scandal in the lifetime of America's greatest corporate critic. "But"--and now the 67-year-old consumer activist pauses with an unexpectedly theatrical flair--"I told you so!"
2-8-02 The Men From Enron, Mostly Mum Though nothing was said that was at all shocking or even very surprising -- four of the men present took the Fifth Amendment -- it was, in the end a very Washington moment: the faces of scandal lined up next to their dark-suited lawyers, a panel of angry politicians staring down at them with contempt.
2-8-02 Many lawyers, consultants say Skilling should have kept quiet. Most agreed he had little to gain from the appearance and probably should not have testified before dozens of politicians bent on displaying their distaste for anyone remotely connected to Enron's collapse.A main problem with Skilling's testimony before an investigations subcommittee of the House Energy and Commerce Committee, several said, came when he appeared unresponsive or evasive.
2-8-02 Enron Chief Exec had his blinders on. Lawmakers heard sharply conflicting testimony today from Enron former chief executive, Jeffrey K. Skilling, who portrayed himself as ignorant of the company's questionable practices, and other executives who said Mr. Skilling received numerous and specific warnings that Enron's off-the-books partnerships were improper.
2-7-02 Jeb Bush Caught in Enron Lie - Gov. Jeb Bush spent up to a half-hour on the phone last April with Kenneth Lay, the former chairman of Enron Corp., the now-bankrupt Houston-based energy conglomerate that had an interest in breaking open Florida's energy market to outside companies. Bush said late last month he did not ''recall'' meeting or talking with anyone from Enron during his tenure as governor, although he said he had met with representatives of an Enron subsidiary.
2-7-02 Enron Lawyer Says Company Ignored Alarm A senior Enron Corp. lawyer raised red flags more than a year ago about the corporation's approval of supposedly arm's-length deals with partnerships managed by Enron insiders, new documents show. He has told House investigators he was rebuffed.
2-7-02 'Illegal' activity rampant The day before several Enron Corp. executives were to appear before his committee, a key House lawmaker Wednesday unleashed a torrent of accusation about illegal activities at the former energy giant.Rep. Billy Tauzin, R-La., chairman of the House Energy and Commerce Committee, called Enron officials deceptive, self-dealing and said they engaged in sham transactions.
2-6-02 Bush shuns call by Democrats for special counsel. Senate Commerce Committee chairman Ernest Hollings, D-S.C., says the Justice Department can't be objective because too many Bush administration officials have ties to the company. "We've got an Enron government," Hollings says
2-6-02 'Victims Of Enron's Lies' Emotional testimony at Senate hearing. Former Enron employee Deborah Perrotta choked up yesterday explaining how all her faith, creativity and trust went into the now-bankrupt company only to leave her so broke she can't pay for her daughter's wedding or her family's prescription drugs.
2-6-02 Portland General Electric workers had trouble getting into their 401(k) accounts for weeks before Enron cut off access to change plan administrators, a union official told a Senate committee on Tuesday. Enron benefits managers testified that the infamous 401(k) "lockdown" didn't begin until last Oct. 26, but union officers said they received the first complaints that employees couldn't trade in their accounts as early as Sept. 27.