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
Public Utility Holding Company Act of 1935
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. | : : : : : : : : : : : | Scheduling Order |
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.
Excerpt:
Executive director of the Council of Institutional Investors, which represents pension funds.
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
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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/
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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
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http://www.scoop.co.nz/stories/HL0210/S00052.htm
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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
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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:
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:
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."
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:
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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