We are dedicated to the public exposure
of this one time corporate giant. Enron was George W. Bush's largest
political career contributor. No company in America was closer
to George W. Bush than Enron and its CEO Kenneth Lay. Bush's nickname
for Lay is "Kenny Boy". Kenny Boy's ties to the Bush
family run deep. Enron's powerful influence is everywhere they
have contributed money to 71 sitting Senators. Since 1989, Enron
has made a whopping $5.8 million in campaign donations, 73 percent
to Republicans and 27 percent to Democrats.
The Center for Public Integrity a nonpartisan research and investigative
reporting organization said Enron, its employees and directors have
given $623,000 to Bush from 1993 to November 2001. Campaign finance
reform is the only way to stop corporations like Enron from owning
those in Washington. Enron the once a mighty energy trader unraveled
after it disclosed losses from partnerships kept off its balance
sheet. They hid the truth while the executives cashed in the stock
and made millions. Enron's bankruptcy and shenanigans left employees
holding worthless stocks and retirement funds. Meanwhile top Enron
executives earned over 600 million from stock sales in last 4 years.
Enron's auditing firm, whose work is under investigation by federal
regulators, disclosed that its employees had destroyed a ``significant''
number of documents related to Enron. Justice department investigations
are looking at if Enron defrauded investors, including 401(k) plan
holders, by concealing vital information about its finances. Lawyers
representing Enron shareholders filed a class action suit last month
claiming that between Oct. 19, 1998 and Nov. 27, 2001, the 29 current
and former company officials traded 17 million shares of Enron stock
worth $1.1 billion.
Lay may be indicted soon
finds own Enron evidence
Hopes Enron Suit Will Yield Cash for California
The Bush Administration has several major connections
- Karl Rove Bush's top political strategist
sold between $100,000 and $250,000 worth of Enron stock in
2001 after being accused of conflict of interest.
- Thomas White Jr. Secretary of the Army.
Was a former top Enron executive, he sold shares worth at
least $50 million before Enron's shares plummeted.
- Robert B. Zoellick Trade Representative
He worked for Enron immediately before joining the administration.
- Lawrence B. Lindsey Bush's National Economic
Council chief. He was paid $50,000 by Enron in 2000 for consulting
- John Ashcroft U.S. Attorney General He recused
himself from the Justice Dept. probe of Enron because Enron
was a major contributor to his failed Senate campaign.
- Marc F. Racicot He was recently appointed
by Bush to serve as Republican National Committee chairman
is a former Enron lobbyist.
- Paul O'Neill Treasury Secretary. Lay phoned
him to warn of Enron's pending bankruptcy. The White House
said no government action followed the call.
- Don Evans Commerce Secretary. Lay phoned
him before Enron's collapse to warn that Enron might default
on its bonds. The White House said no government action followed
- Tom Ridge Bush's Director of Homeland Security.
In 1997, when Ridge was Pennsylvania's governor, then-Texas
governor Bush called on behalf of Lay to help Enron break
into Pennsylvania's tightly regulated electricity market.
- Curtis Hebert Jr. Former Chairman of the
Federal Energy Regulatory Commission He told the New York
Times that Lay was using his sway with Bush to influence FERC
decisions. Hebert resigned in 2001, and the position was filled
with Texan Pat Wood III, a friend of Bush and Lay.
- At least 15 high-ranking Bush administration
officials owned Enron stock last year.