culture, politics, commentary, criticism

Wednesday, February 19, 2003
enronThe house fell down and the architects flee. In the bloodsucking House of Enron, the architects are trying to pretend they aren't vampires too, now that Arthur Andersen has a stake in its heart (
Houston Chronicle):
The law firm of Vinson & Elkins and three investment banks have asked a federal appellate court to overrule U.S. District Judge Melinda Harmon and let them out of the Enron shareholder lawsuit.

The law firm, J.P. Morgan Chase & Co., Credit Suisse First Boston Corp., and Barclays asked the 5th U.S. Circuit Court of Appeals to find that Harmon has abused her discretion in their cases.

[...]

Their technical point is that Harmon improperly refused to allow them to appeal her ruling that they must stay in the case.

But the reality is that they've gone over Harmon's head to ask the appellate court for a favor that is seldom granted.
Sadly, the beneficiaries of the favor economy will doubtless triumph over those who rely on the lower-class money economy — such as Enron's shareholders and employees who have been relieved of their life savings and retirement income.

Just seeing the word Enron makes me think, "White collar crime pays so much better than street crime."

We last wrote about the House of Enron and its vampire architects a mere five days ago in a lengthy post on the 2,700-page congressional report dealing with its collapse.
.



Greatest Hits · Alternatives to First Command Financial Planning · First Command, last resort, Part 3 · Part 2 · Part 1 · Stealing $50K from a widow: Wells Real Estate · Leo Wells, REITs and divine wealth · Sex-crazed Red State teenagers · What I hate: a manifesto · Spawn of Darleen Druyun · All-American high school sex party · Why is Ken Lay smiling? · Poppy's Enron birthday party · The Saudi money laundry and the president's uncle · The sentence of Enron's John Forney · The holiness of Neil Bush's marriage · The Silence of Cheney: a poem · South Park Christians · Capitalist against Bush: Warren Buffett · Fastow childen vs. Enron children · Give your prescription money to your old boss · Neil Bush, hard-working matchmaker · Republicans against fetuses and pregnant women · Emboldened Ken Lay · Faith-based jails · Please die for me so I can skip your funeral · A brief illustrated history of the Republican Party · Nancy Victory · Soldiers become accountants · Beware the Merrill Lynch mob · Darleen Druyun's $5.7 billion surprise · First responder funding · Hoovering the country · First Command fifty percent load · Ken Lay and the Atkins diet · Halliburton WMD · Leave no CEO behind · August in Crawford · Elaine Pagels · Profitable slave labor at Halliburton · Tom Hanks + Mujahideen · Sharon & Neilsie Bush · One weekend a month, or eternity · Is the US pumping Iraqi oil to Kuwait? · Cheney's war · Seth Glickenhaus: Capitalist against Bush · Martha's blow job · Mark Belnick: Tyco Catholic nut · Cheney's deferred Halliburton compensation · Jeb sucks sugar cane · Poindexter & LifeLog · American Family Association panic · Riley Bechtel and the crony economy · The Book of Sharon (Bush) · The Art of Enron · Plunder convention · Waiting in Kuwait: Jay Garner · What's an Army private worth? · Barbara Bodine, Queen of Baghdad · Sneaky bastards at Halliburton · Golf course and barbecue military strategy · Enron at large · Recent astroturf · Cracker Chic 2 · No business like war business · Big Brother · Martha Stewart vs. Thomas White · Roger Kimball, disappointed Republican poetry fan · Cheney, Lay, Afghanistan · Terry Lynn Barton, crimes of burning · Feasting at the Cheney trough · Who would Jesus indict? · Return of the Carlyle Group · Duct tape is for little people · GOP and bad medicine · Sears Tower vs Mt Rushmore · Scared Christians · Crooked playing field · John O'Neill: The man who knew · Back to the top






. . .