Enron and India: is there more dirt hiding here? Enron's monstrous failure sure seems to have been triggered --or at least propelled-- by the fallout between them and India over the $3B Dabhol Power Plant near Mumbai that Enron backed out of earlier this year. Maybe it's just a coincidence...but does anyone else think there's more here than just bad business between Enron and India?
posted by blackholebrain (3 comments total)
Considering that India and Pakistan are two highly-volatile nukers all wrapped up now in Bush's war on terror---and they are on the verge of war themselves--- I'm just wondering if Houston-based Enron (aka 'Bush-buddy') had more than just it's fingers in India's power pie.
Regardless of the volatile nature in the Indian sub-continent, MNCs are queuing up to get a piece of the world's largest middle class market. I am actually glad Enron backed out of Dhabol, I was never quite liked Mumbai paying an arm and a leg for electricity. posted by riffola at 12:32 PM on December 22, 2001
Former Enron Corp. CEO Jeff Skilling defended his record at the now bankrupt company, saying Friday he'd done nothing wrong and Enron's collapse left him heartbroken.
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A sampling of the Enron/India dealings [all cnn]:
posted by blackholebrain at 10:57 AM on December 22, 2001