Enron

Texas Gets Lay’d: How the Bush Family turned off the lights

Maybe because Texas gave us that wet-lipped huckster Ted Cruz, you think the state deserves to freeze in the dark. I get that, but it’s not their fault, a least not the victims burning family heirlooms to stave off frostbite. “What happened was entirely predictable,” power distribution expert attorney Beth Emory said of the blackouts. She told me this… READ MORE

Enron's Skilling Sentenced; Bush Walks

Update of the original report for Truthout

[October 24, 2006]
Don’t kid yourself. If you think the sentencing of Jeff Skilling, former Enron CFO (criminal financial officer), to twenty-four years in the slammer means that justice has been done, think again.Ken Lay
First, Skilling got away with murder – or at least grand larceny. Like Al Capone convicted of failing to file his taxes, Skilling, though found guilty of stock fraud, is totally off the hook for his BIG crime: taking down California and Texas consumers for billions through fraud on the power markets.

British Petroleum's "Smart Pig"

The Brilliantly Profitable Timing of the Alaska Oil Pipeline Shutdown

alskapipelineFor The Guardian (UK)
Is the Alaska Pipeline corroded? You bet it is. Has been for more than a decade. Did British Petroleum shut the pipe yesterday to turn a quick buck on its negligence, to profit off the disaster it created? Just ask the “smart pig.”
Years ago, I had the unhappy job of leading an investigation of British Petroleum’s management of the Alaska pipeline system.

When Ahnold Got Lay'd

 Excerpted from Armed Madhouse
May 17, 2001. In a room at the Peninsula Hotel in Beverley Hills, the Financial Criminal of the twentieth century, not long out of prison, met with the Financial Criminal of the twenty-first century who feared he may also have to do hard time. These two, bondmarket manipulators Mike Milken and Ken Lay, no-yet-indicted Chairman of Enron Corporation, were joined by a select group of movers and shakers – and one movie star.

The Al Capone of Electricity

layKen Lay Will Get Away with his Real Crimes

Seattle Post-Intelligencer
Al Capone cut throats, machine-gunned people to build his gang and went to jail””for not filing his taxes properly. Likewise, Ken Lay, buccaneer of the power industry, will go down””if the jury doesn’t buy his alibi””for not filing his SEC forms properly.

A BuzzFlash Interview with BBC Investigative Reporter GREG PALAST

Greg Palast, an investigative reporter for the BBC and the Observer (sister paper of the Guardian), is well-known among BuzzFlash readers for his expose on how Jeb Bush and Katherine Harris disenfranchised black voters in Florida.
Based in London (because tenacious investigative reporters are not valued in the U.S. media, he says) Greg is thorough, cynical and fearless. In March, BuzzFlash.com will be featuring Greg’s new investigative reporting book, “The Best Democracy Money Can Buy.” Greg Palast takes no prisoners. Here’s Greg as quoted in news release by the Institute for Public Accuracy:

“The California blackouts are a simple case of greed run amok. The big winners in this monstrosity are Enron — the largest career contributor to George W. Bush — and other energy companies who have strangled the market. ‘Deregulation’ is a lie — it is simply moving regulation from democratic government agencies to an unelected circle of market manipulators.”

'You'll get skinned alive': When Tony met Enron

When Tony met Enron I was there to witness love at first sight. New Labour was warned about Enron and its number crunchers, Arthur Andersen, after the office of Jack Cunningham, then Tony Blair’s Shadow Trade and Industry Secretary, rang me in New York at 5am on 21 September 1995.

t r u t h o u t's Marc Ash interviews Greg Palast

ma . t r u t h o u t | Greg, welcome to TO. We have been looking over your new book, “The Best Democracy Money Can Buy.”
Greg Palast | Yes, now there is some prophecy in there that is coming too true, unfortunately.
ma . t r u t h o u t | You raise a number of hot-button issues. You revisit Florida. How far are we away from Florida at this point? What do we know that we didn’t know before? What’s the relevance to where we’re at right now?