Big investors also bet on Enron as stock fell
Large money managers and pension funds faced heavy losses as Enron collapsed, with Alliance Capital among those still buying through mid November. Alfred Harrison argued the stock was a bargain despite mounting trouble, while Florida officials faced $306 million in Enron losses, highlighting doubts about fund managers predicting the downfall.
MENTIONED IN THIS ARTICLE
New York
Enron
Alliance Capital Management
Alliance
Alfred Harrison
Florida
U.S
Florida State Board of Administration
Andrew Silton
North Carolina
Evergreen Investments
Silton
New York City
Dynegy Corp
Fidelity Management & Research
Smith Barney
Fidelity
Vin Loporchio
Citigroup
Dynegy
Oppenheimer
Oppenheimer Capital
SEI Investments
SunAmerica
Prudential
John Benvenuto
Financial Research Corp
State Teachers Retirement System
Ohio
Standard & Poor
Herb Dyer
Dyer
Polls Question Bush Enron Ties and Corporate Scrutiny
A CBS New York Times poll found 67 percent of Americans believe the Bush administration is hiding information or lying about Enron, up from 53 percent. A Time CNN poll showed seven in 10 think Enron’s accounting practices were widespread in corporate America. The piece details investor losses, Alliance and other firms, and state lawsuits.
MENTIONED IN THIS ARTICLE
Enron Corp
Cbs-New York Times
America
CNN
Bush
Cbs-Times
Afghanistan
John Walker Lindh
Time
Enron executive J Clifford Baxter dies by own action
Former Enron vice chairman J Clifford Baxter, 43, was found dead in his Mercedes near Sugar Land. Authorities say a self-inflicted gunshot wound caused death, with a note left behind. Baxter had resigned last May and later advised Enron as a consultant while facing shareholder lawsuits. Local workers and former colleagues recall his strong reputation and mentorship, even as others seek compensation. The case draws congressional scrutiny as investigators weigh Baxter's role and the memo warning of accounting problems.
MENTIONED IN THIS ARTICLE
Houston
Enron
J. Clifford Baxter
Deborah DeFforge
Enron Employees’ Coalition
Baxter
Sugar Land
Justice of the Peace
Harris County Medical Examiner
Air Force
Columbia University
Enron North America
Sherron Smith Watkins
Kenneth L. Lay
LJM
Chef Baxter
Jeff
Skilling
Lim
Washington
Also Mentioned on This Page
Adam Geller
Associated Press
White House
The
Frank Savage
Savage
Wall Street
Michael Pucillo
West Palm Beach, Fla
Board of Public Administration
Enron Exec
Defforge
Kevin Hyatt
Pipeline
Hyatt
Sue Vasan
Vasan
Yalio
Texas Ave
Baytown
Ka Reo Printing
Rollingbrook Baytown
St. Paul’s Lutheran Church
AAL
Brent Daniel
Ian Gillespie
Robert Buck
Joni Ligon
Veronica Vera
Shawn Hall
Kelly Krutsinger
Ariel Starling
Taylor Geddes
Sharyn Stickler
Katherine Deloach
Jacob Bridwell
Scott Bain
Stevie Williams
Steven Whiddon
Charlotte Brath
Taylor Meier
Megan Humphery
Noemi Garcia
Lacy Lawrence
Amanda Dobbs
Claudia Rodriguez
Jonathan Bowman
Gena Hutto
Casey Breazeale
Emily Collins
Kathleen Kenehan
Magan Green
Sarah McDonald
Jana Joems
Jook
Eagle Pointe Recreation Complex
Mont Belvieu
I-10
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