IWETHEY v. 0.3.0 | TODO
1,095 registered users | 0 active users | 0 LpH | Statistics
Login | Create New User
IWETHEY Banner

Welcome to IWETHEY!

New Shrubco camp follower Lay indicted
[link|http://www.nytimes.com/2004/07/07/business/07CND-LAY.html?hp|http://www.nytimes.c...07CND-LAY.html?hp]

YES! Bring it on!
-drl
New It's about fricken time they moved on this!
Alex

"If I seem unduly clear to you, you must have misunderstood what I said." -- Alan Greenspan, Federal Reserve chairman
New He's a sacrificial lamb
Consider him an offering to the country, and not a sign of things to come for other CEOs who deserve it.

Cheers,
Ben
To deny the indirect purchaser, who in this case is the ultimate purchaser, the right to seek relief from unlawful conduct, would essentially remove the word consumer from the Consumer Protection Act
- [link|http://www.techworld.com/opsys/news/index.cfm?NewsID=1246&Page=1&pagePos=20|Nebraska Supreme Court]
New I thought that was Martha Stewart's role

Guess her show trial wasn't convincing enough.
Tom Sinclair

"While I'm still confused and uncertain, it's on a much higher plane, d'you
see, and at least I know I'm bewildered about the really fundamental and
important facts of the universe."
Treatle nodded. "I hadn't looked at it like that," he said, "But you're
absolutely right. He's really pushed back the boundaries of ignorance."
-- Discworld scientists at work
(Terry Pratchett, Equal Rites)
New She's a woman, so she doesn't count.
Her punishment is simply for being a woman in a man's game and her crucifixion carries insufficient weight to wash away the sins of male CEOs.
[link|http://www.aaxnet.com|AAx]
New Still, I have to give Bush credit
I've said before I'd give him a tip of the hat if they would indict Lay.

New And the next step is . . .
. . . to give him the tip of a boot.
[link|http://www.aaxnet.com|AAx]
New Can't pardon him until he's indicted, right?
Tom Sinclair

"While I'm still confused and uncertain, it's on a much higher plane, d'you
see, and at least I know I'm bewildered about the really fundamental and
important facts of the universe."
Treatle nodded. "I hadn't looked at it like that," he said, "But you're
absolutely right. He's really pushed back the boundaries of ignorance."
-- Discworld scientists at work
(Terry Pratchett, Equal Rites)
New Nixon was pardoned without conviction
New Actually Bush just can't pardon him until the election...
To deny the indirect purchaser, who in this case is the ultimate purchaser, the right to seek relief from unlawful conduct, would essentially remove the word consumer from the Consumer Protection Act
- [link|http://www.techworld.com/opsys/news/index.cfm?NewsID=1246&Page=1&pagePos=20|Nebraska Supreme Court]
New Hope they got him on something substantial
I'm a little worried that he is getting nailed with something trivail in an facing saving move to charge him with something. Even if wasn't direcly involved in much of the companies disaster, his lack of oversight was itself dangerous neglegence.

I want to see some substantial jail time and fines. Cut him back to only a couple of tens of millions of dollars and let him see how people without lots of money get by.

Jay
New Larger What-if heard today
He and a gaggle of (those others we may realistically expect to arabesque) are ripe for Big-Bucks suits to recover the obscene-$$ paid by "The Company" to the CIEIOs for "making all this [nonexistant] profit". THEN - you have set an MBA on an MBA; it becomes a shark-eat-shark extravaganza fund raiser, and endless infotainment for the channels.

It occurs too that, unlike all that pension money, those millions of victims across the scurvy Bizness-board - where bankruptcy wiped out -for millions or just 100Ks?- more than a pittance in restoration:

If'n you nail the CIEIOs, We Know Where THAT $$ Is: attach their personal squirrel caches for the recompense, here and abroad.. Let Junior or -III make it at Inner City Reform College, in $30 tennis shoes, (while discovering the word turf).
New Now if he writes *that book*___ joining the other songbirds
[link|http://www.salon.com/opinion/feature/2004/07/08/kenneth_lay/| Salon] (Robert Bryce) delves into this delicious Real(er)ity Show, including the angst [Oh. the. Angst.] over indicting the sucker [the EZ route] or finding some way to protect National SinceritySecurity.

[. . .]

The grand jury that issued his indictment took more than two years to return a true bill. It's unlikely that it will be able to hit him with additional charges out of spite. Furthermore, the man President Bush used to call "Kenny Boy" is already a pariah in Houston, a town he used to own. He has become something of a recluse -- shuttling between his lavish condo in the heart of Houston's exclusive River Oaks neighborhood and a lavish office nearby. He'll never get another job in corporate America. As a political player, his future prospects are nonexistent. So why not provide an inside look at the way politics is really played in a place like Enron -- a company that, for years, was Bush's biggest career patron?

Lay could dish the dirt on several important topics: the Karl Rove-brokered push that resulted in Enron paying Christian conservative turned super-lobbyist Ralph Reed $300,000; Lay's dealings with secretary of state turned super-lobbyist James Baker; why Enron hired Ed Gillespie, the man who now heads the Republican National Committee; the reason for Lay's decision to allow the Bushes to use Enron's fleet of airplanes as their own; what happened in those meetings with Dick Cheney and his energy task force; and what really happened with the California energy crisis.

In 1997, Rove, Texas Gov. Bush's closest political advisor, went to someone at Enron and asked that person to hire Reed, who was just leaving his job as head of the Christian Coalition. The Enron gig was very important for Reed. As one of his first clients, Enron gave his new outfit, Century Strategies, instant credibility. It also put Reed squarely on the Bush/Rove/Lay team. And in those days, as Bush was cranking up his presidential run, having Reed on his side was critically important.

Lay could explain why Enron decided to hire Reed. He could tell us whether Rove offered him any quid pro quo. He could also offer his opinion on whether Reed was worth the expense and describe exactly what Reed did for Enron. Finally, he could explain why, just a few months before Enron filed for bankruptcy, Reed was given an additional contract, this one paying him $30,000 per month plus expenses.

While Reed was a good ally for Enron, the really big-name lobbyist was Baker.

[. . .]
Onward --> Christian Financiers, Marching Us All Along to War, crossly er crassly. Gosh, what if you didn't even have to hire a Regiment to turn-over the rocks to see the stuff ooze out? Is that lo-exertion convenience or what..


Author's other recent work: Cronies: Oil, the Bushes, and the Rise of Texas, America's Superstate

     Shrubco camp follower Lay indicted - (deSitter) - (12)
         It's about fricken time they moved on this! -NT - (a6l6e6x)
         He's a sacrificial lamb - (ben_tilly) - (7)
             I thought that was Martha Stewart's role - (tjsinclair) - (1)
                 She's a woman, so she doesn't count. - (Andrew Grygus)
             Still, I have to give Bush credit - (Simon_Jester) - (4)
                 And the next step is . . . - (Andrew Grygus)
                 Can't pardon him until he's indicted, right? -NT - (tjsinclair) - (2)
                     Nixon was pardoned without conviction -NT - (ChrisR)
                     Actually Bush just can't pardon him until the election... -NT - (ben_tilly)
         Hope they got him on something substantial - (JayMehaffey)
         Larger What-if heard today - (Ashton) - (1)
             Now if he writes *that book*___ joining the other songbirds - (Ashton)

\o/
318 ms