Re: Actually, that IS the end product -- WASHINGTON BOARD

[ Show ]

Support VoyForums

[ Shrink ]

VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

[ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4, 5, 6, 7, 8, 9, [10] ]

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Date Posted: 20:01:18 01/31/02 Thu
Author: Normal
Author Host/IP: modem20-192.mo-net.com / 12.110.236.205
Subject: Re: Actually, that IS the end product
In reply to: Wilbs 's message, "Actually, that IS the end product" on 18:52:06 01/31/02 Thu

No, what it didn't do was save Enron, but it sure looks like it WAS custom written to help. It sure helped the execs. Look at where the money went. It all went to politicians, Reporters, and Execs. When this "Energy Policy" came public investors got "drunk on the wine of" the prospect of oil flowing freely from previously protected environments. I didn't read it all yet, and on first reading am just skimming, but haven't found one example of any "new" energy source being promoted that Enron didn't have a stake in.

Enron has been thouroughly plundered, or is in the process anyway. All it's holdings are still operational, except for ones that have previous reasons for closing. The offices may be closed, but the business is full swing. The stock of the co that is buying their main holdings is rated "buy". The oil industry is definitely just fine.
Nothing can save a pyramid scheme. The winners still win, though. There may be a few scapegoats thrown to the lions, a few assisted suicides to make sure the "right people" are not accused, but that's business.

[ Next Thread | Previous Thread | Next Message | Previous Message ]