6 posts tagged with enron and crime (View popular tags)

Open Secrets - the trouble with Enron
posted on Jan 2, 2007 - View this thread

Steal little steal big. After nine months on the lam, reputed mob boss Joey "The Clown" Lombardo was captured Friday night in Elmwood Park. He was one of the “guys back home” who took part in skimming $2 million from the Stardust hotel in the movie Casino. He gets the spider hole treatment. (”Moving from place to place is very stressful, as Saddam Hussein will tell you.") While folks who took part in stealing over $42 billion from California alone are photographed in suits and described as “polite.”
posted on Jan 16, 2006 - View this thread

Enron 'Crooked E' For Sale "The ultimate symbol of the bankrupt power trader -- one of the ubiquitous chrome signs dubbed "the Crooked E" for its distinctive slant and commentary on the company's questionable dealings -- is on the auction block." The sign is only one of thousands of items up for sale September 25th and 26th, at the Houston Radisson Astrodome hotel.
posted on Sep 17, 2002 - View this thread

No perp walk for Enron and Halliburton? Asked to explain why no arrests had been made for these two companies, Larry D. Thompson said, "Some cases are more complex than others." Does it matter what the penalties are for corporate crime? Seems all you need are the right political connections and an adequately complex scheme to defraud investors and employees. Is the White House protecting corporations with their interpretation of whistle blowers? Aren't preventive measures more appropriate than punishments for these crimes? Does wealth truly create a double standard for prosecution under our legal system?
posted on Aug 2, 2002 - View this thread

Enron's historical precidents. This L.A. Times article discusses the historical precidents to the Enron debacle. My favorite (among lots of good stuff):

"Like Enron, ITT was a big campaign contributor. But Geneen's idea of how to use political influence made Lay and associates look like choir boys. In 1970, the company offered Republicans $1 million and consulted heavily with the Nixon White House and the CIA when Chile's new socialist president, Salvador Allende, threatened to seize the ITT-owned Chilean Telephone Co. Allende was overthrown with U.S. aid."
posted on Feb 22, 2002 - View this thread

Senator Hollings makes the case for a special council to look into the Enron affair. (NY Times link). San Antonio columnist Jan Jarboe Russell argues for the same. Here's a Guardian article on the situation.
posted on Feb 9, 2002 - View this thread