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George W. Bush and Kenneth Lay
By Jason Leopold
Snip
The Bush administration knew Enron was on a collision course two months before the high-flying energy company collapsed in a wave of accounting scandals that wiped out $60 billion in shareholder value and left thousands of company employees penniless.
It was August 15, 2001, when Enron lobbyist Pat Shortridge met with then-White House Economic Adviser Robert McNally, one day after Jeff Skilling made a stunning announcement that he was stepping down as president of Enron.
Shortridge confided in McNally that Enron was headed for a financial meltdown - one that could very well cripple the country's energy markets - and urged the White House economic adviser to alert President Bush about the company's financial problems so he could help put together a federal bailout, according to thousands of pages of documents about the meeting released by the government's Enron Task Force.
It certainly made sense for Enron to seek help from the White House. In August of 2001, Ken Lay was still known as "Kenny Boy" to President Bush, a nickname Bush bestowed upon him when the two men were up and comers in the Texas energy and political industries respectively.
When Bush announced his intention to run for president, Enron and its employees gave more than $1 million to Bush's 2000 election campaign, the Republican Party and the Bush Inaugural, and Bush aides used the Enron corporate jet during the post-election fracas in Florida.
Originally posted by Sauron
Is it proper to start a letter with Dear George if you where to write a letter to the Governor or the President?
Of course it isnt. Neither is calling your Doctor "Harvey"- its offensive because presumably they went to school and spent many years working towards the title.
Originally posted by Sauron
Is it proper to start a letter with Dear George if you where to write a letter to the Governor or the President?
[edit on 2/6/2006 by Sauron]
Originally posted by niteboy82
I agree, that is strange to call the president, George. If someone over you sends something to you, down the ladder, they can call you by name, but when you're sending something up the ladder, it is different.
Connect the Enron Dots to Bush
The Enron Story Everyone Is Missing: The Bush-Ken Lay Connection
By Robert Scheer
Snip
The Bush administration has a long and intimate relationship with Enron, whose much-discredited chairman, Kenneth L. Lay, was a primary financial backer of George W. Bush’s rise to the presidency.
~~
Other questions: Was there any conflict of interest in the roles played by key Bush aides? Political advisor Karl Rove owned as much as $250,000 in Enron stock. And economic advisor Larry Lindsay and Trade Representative Robert B. Zoellick went straight from Enron’s payroll to their federal jobs.
There are other Enron alum in the administration, including Army Secretary Thomas White Jr., who, as an Enron executive, held stock and options totaling $50 million to $100 million.
We have a right to know whether the Enron alums in the administration were tipped off in time to bail out with profit the way Lay and the other Enron top execs did, while their workers and stockholders--and eventually U.S. taxpayers--are being left holding the suddenly empty bag.
Bush Says Lay Was 'A Good Guy'
President Bush said Thursday he hopes Enron Corp. founder Kenneth Lay's "heart was right with the Lord" when he died before he could be sentenced on fraud and conspiracy charges.
~~
Bush called Lay, who was a friend of the Bush family and a large donor to the president's campaign, "a good guy."
~~
Lay faced life in prison after his convictions May 25 that ended a blockbuster trial stemming from one of the biggest business debacles in U.S. history.
Originally posted by dgtempe
Of course it isnt. Neither is calling your Doctor "Harvey"-
Originally posted by Sauron
Is it proper to start a letter with Dear George if you where to write a letter to the Governor or the President?
[edit on 2/6/2006 by Sauron]