spindrifter
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Apr-17-06 09:02 PM
Original message |
Enron backed firm run by boss's former girlfriend |
|
Andrew Clark in Houston Tuesday April 18, 2006 The Guardian Enron's former boss Jeffrey Skilling failed to disclose to his boardroom colleagues that the energy company was doing $450,000 (£257,000) of business with a tiny company run by his ex-girlfriend, it emerged yesterday.
<snip>
Mr Berkowitz asked Mr Skilling about his interest in Photofete. Mr Skilling initially replied that he had bought $30,000 of shares and its business with Enron was $3,000. "I didn't disclose it because it wasn't that big," he said.
In a dramatic flourish, the prosecution then produced cheque book stubs showing that Mr Skilling had pumped $180,000 into the venture in 2000 and 2001 - and that Enron's contract with Photofete was worth $450,000.
<snip>
The jury heard that Mr Skilling sold more than $22m of shares over the 18 months before Enron's collapse. His ex-wife, Sue, and then fiancee, Rebecca Carter, were doing likewise - selling stock for $15m between them - although Mr Skilling insisted he did not know this.
http://business.guardian.co.uk/story/0,,1755574,00.html
++++++++++++++
Quite amazing that the captains of industry know absolutely nothing about the coincidental occurrences right under their snouts, when they spent untold gazillions, possibly *brazillians,* snooping on other businesses.
|
babylonsister
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Apr-17-06 09:08 PM
Response to Original message |
1. Skilling's flushing himself down the bowl; sweet justice! |
|
So much for his good-guy, innocent image he was attempting to project.
|
SoCalDem
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Apr-17-06 09:08 PM
Response to Original message |
2. Amazing too that there is always a string of ex-wives and girlfriends |
|
They are certainly "busy"..
|
Fridays Child
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Apr-17-06 09:12 PM
Response to Original message |
|
When I watched that man testify before Congress about Cliff Baxter's death, I never felt so certain that a person was lying, in my life--with the possible exception of watching Susan Smith lie about her children being abducted.
|
Mayberry Machiavelli
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Apr-17-06 09:16 PM
Response to Reply #3 |
5. Is Baxter the guy who shot himself in his car? |
|
"he blew his mind out in his car... he didn't notice that the lights had changed... A thousand people turned away... but I just had to look... having read the book..."
|
Fridays Child
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Apr-17-06 09:23 PM
Response to Reply #5 |
6. Yes, that's the guy. As I recall, there were things about his... |
|
"...suicide" that just didn't add up. But Jeffrey Skilling's performance in front of Congress is what I remember the most clearly. I felt sure that he was lying, when he claimed to be mystified by his friend's death.
|
Jack Rabbit
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Apr-17-06 09:13 PM
Response to Original message |
4. What's the difference between Skilling and the Titanic? |
|
During the manufactured energy crisis in California in 2001, Skilling proffered a joke in Enron circles: What's the difference between California and the Titanic? When the Titanic went down, the lights were on.
Whatever they do to Skilling and Lay, this Californian is going to enjoy it.
|
fujiyama
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Apr-17-06 09:36 PM
Response to Original message |
7. Just saw that Enron flick a few days ago |
|
"Enron: The smartest guys in the room".
I definetely recommend it. It's a great documentary. It's crazy how deep their web of lies go. I wish we could do the same to the members of this administration and realize how far they go.
|
DU
AdBot (1000+ posts) |
Fri Apr 26th 2024, 07:04 PM
Response to Original message |