Lay painted rosy Enron picture before disaster
In August emails Enron chairman Ken Lay touted stock strength and a robust business model saying the growth was certain and the organization was the finest. He described plans for a stock option program promising a higher future price as Enron faced hidden financial troubles two months later.
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Enron
Washington
Nowbankrupt Enron
Ken Lay
Henry Waxman
House Government Reform Committee
Waxman
Bush
Mark Palmer
Palmer
Jeffrey Skilling
Skilling
Jeff
SIUC spring term boosts local economy and enrollment
SIUC resumes classes as Carbondale area expects higher spring enrollment than last year. Harbaugh's cafe notes 30 percent of business tied to the university, with SIUC contributing about 1 billion in regional impact per a 1993 study. Chancellor Walter Wendler anticipates more on campus students after fall’s lowest two decades enrollment.
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Harbaugh’s
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Laura Harbaugh
Harbaugh
SIUC
SIU
Edwardsville
Springfield
Walter Wendler
Illinois Budget Deadlock Hinders Deficit Cuts In Election Year
Governor Ryan faces a stalled plan after three failed attempts to trim a deficit, with lawmakers hesitant to vote before elections. Plan B cut 485 million from prisons Medicaid hospital payments and state salaries, plan C sought across the board cuts up to five percent but narrowly failed. Supporters urge swift executive action while critics warn of timing and education exemptions delaying any final deal.
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Ryan
Michael Madigan
Dale Righter
Rmattoon
Gary Hannig
Litchfield
House Democrats
Schnorf
Freezer Delivery Brings Unexpected Blessings to Albritton Family
A Sears freezer surprise brightens a difficult week for Albritton and her relatives. A fallen tree damaged their modular home, a cluttered laundry routine worsened by a broken dryer, and a last minute call offered an upright freezer with delivery. The gift included manuals and a note reading God bless.
MENTIONED IN THIS ARTICLE
Albritton
Alexander
Sears
Cabinet critiques dark energy slide and Enron probe scope
Senate investigators led by Sen. Joseph Lieberman flag Enron collapse and a Time magazine report on an Oct. 12 internal Andersen memo directing destruction of most Enron papers. Lieberman calls the memo potentially obstructive and questions Andersen’s failure to flag risky practices. Andersen says internal communications raise questions and vows to act to uncover facts.
MENTIONED IN THIS ARTICLE
O’neill
Enron
Sen
Joseph Lieberman
D-Conn
Committee On Governmental Affairs
Senate
Lieberman
Arthur Andersen LLP
Time Magazine
Andersen
Accuracy Hotline for The Southern Errors
Report inaccuracies in The Southern by calling the Accuracy Hotline at 529-5454 Ext. 5176 from Jackson County or 800-228-0429 Ext. 5176 from elsewhere.
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Jackson County
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