Enron to release records as Senate probes tax practices
Enron agrees to disclose tax returns dating from 1985 and those of its affiliates as the Senate Finance Committee launches a broad probe into potential tax shelter use and aggressive planning. The panel seeks evidence of how laws might be changed after Enron’s collapse, while subpoenas target Enron, Andersen, and agency contacts on executive bonuses and deferred pay.
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Enron
Senate
Washington (Ap
Enron Corp
Senate Finance Committee
Finance Committee
Fred Goldberg
Congress
White House
Kenneth Lay
Bush
Treasury and Commerce
Lieberman
Thompson
Lay letters show Enron seeks influence on Bush era Texas policy
Kenneth Lay wrote repeatedly to then Governor George W. Bush requesting support for deregulation and tort reform, with about 350 pages released under open records laws. Some letters from Lay and Skilling offered tours of Enron trading floor while Bush received political campaign money totaling 312000 from Enron officials.
MENTIONED IN THIS ARTICLE
Austin, Texas
Enron Corp
Kenneth Lay
George W. Bush
Bush
Lay
Texas
Enron
Jeffrey Skilling
Houston
Skilling
Enron Execs Grabbing Deferred Funds Before Bankruptcy
Former Enron executives and retirees faced losses as deferred compensation became available to creditors after the Chapter 11 filing on Dec. 2. Steve Pearlman, $260,000 saved since 1998, cashed out despite penalties. others report rapid processing for current employees while retirees await payout.
MENTIONED IN THIS ARTICLE
Enron
Steve Pearlman
Pearlman
New York
Greg Whalley
Mary Wyatt
Wyatt
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Max Baucus
D-Mont
Baucus
Joseph Lieberman
D-Conn
Fred Thompson
R-Tenn
Arthur Anderson
Securities and Exchange Commission
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Commodity Futures Trading Commission
Gov. Bush
Execs
Thushraip Workshop
Carpal
Carbondale Civic Center
Southern Illinois Doctor's Speakers Bureau
Brian Bird
ARPET
Armstrong ToughGuard
Mannington Nodent
Purcell
DeSoto
Elkville
Southern Illinois
Americas
Sealy
Queen
Sealy Backsaver
Brad
Carbondale
Bradthefurnitureking
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