Wednesday, August 17, 2011

Enron and WTC 7 and what about the WTC in Houston Tx.?

This is an off topic youtube but 'still' I wanted yaw'll to see it...........  regarding Tim Russert replacement. ...cal
http://www.youtube.com/watch?v=Uqk3NlOry7g

http://www.sourcewatch.org/index.php?title=Portland_General_Electric
Excerpt:
Enron Broadband Services which had its headquarters within the World Trade Center complex that comprises PGE's corporate offices

http://www.wtc7.net/articles/kimball/thirdskyscraper.html
Excerpt:

FACT 2: WTC Building 7 – on its 23rd floor – housed an Emergency Command Center for the City of New York that Mayor Rudolph Giuliani had built in the mid-1990’s. On the morning of September 11th, Mayor Giuliani did not go “to his Command Center – with its clear view of the Twin Towers – but to a makeshift, street-level headquarters at 75 Barkley Street.” WTC 7 also held the offices of numerous government agencies, including the Department of Defense, the CIA, the Secret Service, the IRS, and the Security and Exchange Commission.5 Late 2001 was the time of “the height of the investigation into Enron, so the majority of Enron’s SEC filings were likely destroyed when World Trade Center 7 came down.”6

http://www.sec.gov/spotlight/enron.htm
Excerpt:
Scheduling Order (Rel. No. 35-27576, Oct. 10, 2002)

http://www.sec.gov/rules/other/35-27576.htm
Excerpt:

United States of America
before the
Securities and Exchange Commission

Public Utility Holding Company Act of 1935
Release No. 27576 / October 10, 2002

Administrative ProceedingFile No. 3-10909



In the Matter of
Applications of Enron Corp. for Exemptions Under the Public Utility Holding Company Act of 1935, (Nos. 70-9661 and 70-10056)
Respondent.

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Scheduling Order
http://www.pbs.org/wgbh/pages/frontline/shows/regulation/congress/
congress and the accounting wars
During the boom years of the 1990s, the accounting industry flexed its lobbying muscle on Capitol Hill as never before. Here's a look at the three major political battles of the decade's accounting wars: the fight over stock options, the fight over tort reform, and the all-out war over the SEC's attempt to separate auditing and consulting.
Stock OptionsTort ReformAuditing and Consulting

Excerpt:
Sarah Teslik
Executive director of the Council of Institutional Investors, which represents pension funds.
read the interview Had the FASB rule on expensing stock options passed, would that have been some deterrent to what Enron ultimately did?
Had FASB changed the rules and required companies to show stock options as an expense, I think Enron and a number of the other companies that have tanked through fraudulent bookkeeping would have been held back considerably, because their schemes depended on postponing public revelation of the losses. And if stock options had to show up as an expense, then a lot of the money that was quietly being siphoned off would have been publicly siphoned off, and it would have been a deterrent. ...
There was a massive lobbying campaign that went on to prevent the charging of stock options to earnings. We were in the middle of it, so I experienced it. And I have never experienced a more carefully organized, highly orchestrated, across-the-board effort to prevent something from happening.

http://en.wikipedia.org/wiki/Financial_Accounting_Standards_Board  (what good does this board do if the companies are in other countries?)  ...cal
Excerpt:
The Financial Accounting Standards Board (FASB) is a private, not-for-profit organization whose primary purpose is to develop generally accepted accounting principles (GAAP) within the United States in the public's interest. The Securities and Exchange Commission (SEC) designated the FASB as the organization responsible for setting accounting standards for public companies in the U.S. It was created in 1973, replacing the Committee on Accounting Procedure (CAP) and the Accounting Principles Board (APB) of the American Institute of Certified Public Accountants (AICPA).


http://www.artdiamondblog.com/archives/2006/03/enrons_kenneth.html
Excerpt:
A lot of people remember what they were doing when the first jet crashed into the twin towers on 9/11/01. I was listening to a presentation on the potential of broadband given by Kenneth Rice, at a forum sponsored by Creighton University. A day or two earlier, Creighton had presented Rice with a distinguished alumnus award. I don't remember much detail about Rice's presentation, but remember thinking that he gave a clear and informative analysis of the potential and risks of the broadband business.

(p. 1D) HOUSTON (AP) - Kenneth Rice, former chief of Enron Corp.'s struggling broadband unit, testified Thursday that his boss, Jeffrey Skilling, directed him to paint a rosy, misleading picture for the Enron board of directors that was in line with false statements Rice said he already made to financial analysts in 2001.
http://investmentwatchblog.com/how-could-we-forget-enron/
Excerpt:
Other major tenants included ITT Hartford Insurance Group, American Express Bank International, Standard Chartered Bank, and the Securities and Exchange Commission. Smaller tenants included the Internal Revenue Service Regional Counciland the United States Secret Service.[


http://www.aim.org/media-monitor/tim-russert-misses-the-enron-ge-connection/
Excerpt:

Tim Russert Misses the Enron-GE Connection



http://en.wikipedia.org/wiki/Portland_General_Electric
Portland General Electric
Excerpt:
The utility was founded in 1888 by Parker F. Morey and Edward L. Eastham as Willamette Falls Electric Company. On June 3, 1889 it sent power generated by one of four "No. 8 Brush arc light dynamos" at Willamette Falls over a 14-mile electric power transmission line to Portland ... the first US power plant to do so.[3][4][5] On August 6, 1892, Morey, Frederick Van Voorhies Holman, and Henry Failing formed the Portland General Electric Company.[3] It was funded by General Electric

http://www.apfn.org/apfn/enron_bush.htm
Excerpt:
ENRON-BUSH-ADM.gif (66018 bytes)

http://www.scoop.co.nz/stories/HL0210/S00052.htm
Excerpt:

US Army Secretary Helped Cook Enron's Books



UPDATE: The Author of this article, Jason Leopold, has now written a detailed account of his experiences with Salon.com and the New York Times. See... Jason Leopold – Shafted By The New York Times. SCOOP EDITOR’S NOTE: The article that follows about Enron insider and US Army Secretary Thomas E. White (aka Mr Magoo) was originally published by Salon.com.
It was subsequently used by New York Times columnist Paul Krugman as the basis for his column on September 17th “Cronies in Arms” in which Krugman, one of the US media’s leading political and economic pundits, reused the information and described White as an “evildoer”.


http://www.georgewalkerbush.net/enronsendrun.htm
Excerpt:
The  fiasco's intimacy with Bush may bode badly for the President's future. The White House and Enron have at times seemed interchangeable, both financially and politically. Vice President Cheney and Bush's ruthless campaign advisor Karl Rove have consulted Enron Chair Ken Lay on energy policy. Lay's suggestions to Rove on government appointments were followed. Enron and the White House have shared a revolving door of personnel: five former Enronians work in the White House and Cabinet. (Secretary of the Army Thomas E. White was a Vice Chairman, Economic Adviser Lawrence Lindsey , U.S. Trade Representative Robert Zoellick, were both advisors, and Senior Staffers Karl Rove and Lewis "Scooter'' Libbey, owned serious amounts of Enron stock.) And of course, the flow of money since the Reagan years has been colossal and reciprocated. Enron donated almost $2.4 million to federal candidates, and $2 million to Bush alone. They were in turn rewarded with legislation that allowed them to profit off the deregulation of state-run power industries. Enron has made contributions to 71 of 100 U.S. Senators and about half of congress. Enron is the #1 career contributor to President George W. Bush.
On Thursday, January, 3, the Senate Government Affairs Committee, headed by possible Presidential hopeful Joe Lieberman announced it would launch a serious investigation into just how much Enron was affecting decisions in the executive branch. It was high time. Congressman Henry Waxman (D-CA) has been asking Vice President Dick Cheney and advisor Karl Rove for these answers for six months and he has been treated like an unwanted guest at a wedding. On January 8, the White House announced that the meetings with Enron had indeed been extensive. As Part of Vice President's Cheney's Energy Task Force, the White House admitted Enron executives had visited "six times." But with the stubbornness of a Richard Nixon, the Vice President still refused to release the complete attendance lists for all meetings of his Energy Task Force.

http://caraellison.wordpress.com/2008/09/03/enron-the-world-trade-center/
Excerpt:
Enron & The World Trade Center
This picture, on the cover of a document prepared for the holders of an Enron Savings Plan, just about sums up all of 2001. The Twin Towers, and the (very grainy) image of the Enron building on the left combine to make an encyclopedia of “permanent” things we took for granted. The icons of American business were gone within months of each other, dissolved into the earth like cotton candy.

http://en.wikipedia.org/wiki/1500_Louisiana_Street
Excerpt:
1500 Louisiana Street, formerly Enron Center South, is a 600 ft (183m) tall Post-Modern skyscraper in Houston, Texas. It was completed in 2002 and has 40 floors. It is the 17th tallest building in the city and the tallest completed in the 2000s.

 


History

Enron, a Houston-based company, had the building constructed to serve as its US headquarters. Due to a scandal in late 2001 the company collapsed and filed for bankruptcy that same year; Enron never occupied the building. Intell Management and Investment Co. paid $102 million for the tower, which came equipped with technology that was, in 2003, the latest for energy firms. Charlie Giammalva of Lincoln Property Co., the leasing company of 1500 Louisiana, said that the building was "zero percent occupied." Giammalva said that the management of the building had contacted several firms, such as ExxonMobil, about the possibility of leasing space in the building. By July 2003 none of the firms contacted the management.[1]
ChevronTexaco bought the building in 2004.[2] By 2005 the firm announced that it would move out of the former Chevron Tower in Houston Center and moved into 1500 Louisiana Street.[3] In 2006 4,000 employees worked in 1500 Louisiana.[4]

http://www.houston.org/international-business/houston-world-trade-center/
Excerpt:

International Trade

Houston World Trade Center

Houston World Trade Center
The Houston World Trade Center is housed at the Greater Houston Partnership's International Business Division. As a member of the World Trade Centers Association - headquartered in New York, we are part of a worldwide network of nearly 300 International Business Centers in 90 countries. Through cooperative relationships and support services, the HWTA can access the resources of the world's major trading centers.

http://www.time.com/time/interactive/0,31813,2020911,00.html
Behind the Enron Scandal

http://www.aztlandestroyer.com/site/2011/05/the-architect-of-illegal-immigration-ed-gillespie/
Excerpt:

Ed Gillespie standing in metaphor. He advises both political parties for global corporate interests, primarily focusing on illegal immigration.

http://www.sourcewatch.org/index.php?title=Lawrence_Lindsey
Excerpt:
Bush's top economic adviser led Enron study by James Toedtman, NewsDay, January 17, 2002: "White House economic adviser Lawrence Lindsey, a one-time $50,000-a-year consultant to Enron Corp. and member of the company's advisory board, led a White House study last fall of the possible economic consequences of an Enron failure ...
"The Lindsey sessions, which went on for several weeks, coupled with several other Cabinet-level discussions of Enron's plight late last year, highlight again the array of connections Enron had with the Bush administration. They also suggest that concern for the company and the consequences of its collapse were more widely discussed than the White House has been willing to acknowledge.

http://www.sourcewatch.org/index.php?title=Patrick_M._Wood
Excerpt:
Patrick M. Wood "founded The August Corporation on October 11, 1975. As a registered investment advisor with the Securities and Exchange Commission, the company initially offered portfolio management services to investors in the United States.
"In 1978, Wood commenced publication of The Trilateral Observer (TO), to specifically track and document the activities of The Trilateral Commission, which was then seen to be the very core of elitism and multi-nationalism in the United States and abroad. TO was co-edited by Professor Antony Sutton, formerly a Senior Fellow at the Hoover Institution for War, Peace and Revolution at Stanford University.
"Together, and after encouragement from many TO subscribers, Wood and Professor Sutton re-edited their material and produced two successive book volumes, Trilaterals Over Washington - Volume I and Trilaterals Over Washington - Volume II...
"When President Ronald Reagan entered the Oval Office in early 1981, August's formal publishing activities ground to a halt. Conservative supporters figured that "Ronnie" would purge the Trilateral threat. Liberal supporters felt so defeated that they just gave up.
"In 1981, Wood founded World Research Library (WRL) which was granted 501c(3) status by the Internal Revenue Service. Research and library material was donated to WRL.
"In early 2005, Wood and his family moved from northern California to northern Idaho, to engage a simpler lifestyle and resume the original research and publishing activities to expose the super-elitists (like members of the Trilateral Commission), who continue to have a death-grip on the U.S. national Sovereignty, foreign policy and many econonomic activities that supercede America's national borders.
"Hence, The August Review lives on the Internet as the official publication of World Research Library." [1]
"Wood became the leading authority on the elitist Trilateral Commission in the 1970's and 1980's, and appeared on over 200 radio and TV shows including a 3 hour long debate on Larry King with then Executive Director of the Trilateral Commission, Charles Heck." [2]

http://www.sourcewatch.org/index.php?title=Donald_Evans
Excerpt:
On January 21, 2001, Donald Evans, chosen by President George W. Bush, was sworn into office as the 34th Secretary for the Department of Commerce.
According to his White House biography, Evans is a former businessman who "believes very strongly in the free-enterprise system. ... [and that] what U.S. businesses need most in the global market is a level playing field."
In 1946, Evans was born in Houston, Texas, and "attended the University of Texas at Austin, receiving a BS in Mechanical Engineering in 1969 and an MBA in 1973. While at UT, he was a member of Omicron Delta Kappa and the Sigma Alpha Epsilon fraternity."

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