Word: enronize
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Well-paid enron executives sold their inflated stock for millions, while low-level employees were prevented from selling theirs [NATION, Jan. 21]. This would be criminal if the executives knew the company was hiding huge debt. The problem is, we have seen this before. When it becomes routine for corporations to donate big bucks to both political parties and then seek bailouts, when workers get fleeced, while CEOs make more than an entire nation's GNP, our system has become horribly corrupt. Perhaps it is time for the kind of patriotism that inspires citizens finally to say Enough is enough...
...hardworking american middle class should not tolerate or condone behavior like Enron's. If things like this are allowed to continue, it will be our hard-earned savings that will next end up in the CEOs' pockets. LYNN A. MALDONADO North Branch, Minn...
Dick Cheney has taken a hard line against the General Accounting Office, refusing its efforts to get information on meetings held by his energy task force. Critics suspect that Cheney is stonewalling to conceal the Administration's links with bankrupt energy giant Enron. But Cheney may be hiding more than that. Several other energy companies had opportunities to influence the Administration's energy policy, with both persuasion and money...
...OMISSION Enron Just the biggest bankruptcy in U.S. history...
OMISSION Campaign finance reform Thanks to Enron, it's back...