Word: enronize
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...While Senators were making their acts of contrition, Republicans on the House side--with a nervous eye on the coming midterm elections--were trying to score points by publicly flaying some scapegoats. Arthur Andersen auditor David Duncan, who the company says ordered the shredding of Enron documents at the giant accounting firm's Houston office, took the Fifth in front of the House Energy and Commerce Committee (but not before briefing the panel's investigators behind closed doors). Then Duncan's superiors appeared before the committee and tried to pin all the blame on Duncan rather than take responsibility...
...None of these plot twists brought the story into the West Wing until the New York Times reported last week that conservative strategist Ralph Reed had received a $10,000-a-month consulting contract from Enron in 1997 with a little push from Rove, who was political adviser to then Governor Bush. Like so much about Enron's business practices, it is unlikely that such an arrangement would have been illegal. But the timing of Reed's Enron work had people who know about the finances of fledgling presidential campaigns clucking. A powerful force among Christian conservatives in the late...
...Democrats termed the disclosure serious and promised to investigate. Reed, a political consultant in Georgia, points out that Enron tried to hire a Democrat, James Carville, for the same work in 1997--something Carville, no friend of Rove's, acknowledges. And Rove told Time that if he spoke to anyone at Enron about Reed, it might have been only after Reed was hired. An Enron official, meanwhile, who says he and two others made the decision themselves, told TIME they had no contact with Rove about the matter. But a veteran G.O.P. organizer who was in contact with Reed...
...Bush, early last week, said his mother-in-law was one of the little people who got screwed by the corporate giant. On a trip to a West Virginia machinery shop Tuesday, Bush told workers that Jenna Welch, 82, had lost almost all of her $8,000 investment in Enron last year. And he fired up his own boilers a bit, saying he was "outraged" by what happened at the Texas firm. But the Bush team didn't stop there. By late last week, it got out a few more iron shields to wedge between the White House...
...started bubbling again. The General Accounting Office, which is as close as Congress comes to having an independent auditor, announced that it would file a lawsuit against the White House this week if Cheney did not fork over the details of his energy task force's private meetings with Enron officials. The GAO had postponed the suit after Sept. 11, but when it became clear Cheney had no intention of complying with its request, or even negotiating, the tiny agency decided to fight...