Monthly Archives: September 2008
Pink Rage
I know I’m going to hell for this but I can’t contain my disgust any longer: I hate the Susan Komen Foundation and I hope every regional office, every pink ribbon, every piece of crap Race For The Cure literature … Continue reading
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Scrappleface: McCain: Bailout Deal Hingest On Length of Perp Walks
Scrappleface nails the bailout with the headline, “McCain: Bailout Deal Hinges on Length of Perp Walks”. (As you know, the perp walk is one of my favorite subjects so naturally I laughed like a hyenna when I read this.) Sen. … Continue reading
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Today In Enron History
September 29, 2000 The Gas Pipeline Group name was formally changed to Enron Transportation Services. September 29, 2006 The two beautiful gleaming blue Enron towers at 1400 Smith Street in downtown Houston were sold to New York-based Brookfield Properties for … Continue reading
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Today In Enron History
September 28, 2001. After the meeting with Greg Whalley, Andy Fastow, Ken Lay, Rick Causey and a few others, Ken Lay had made the executive decision to unwind Raptors. Today in Enron history, Enron did so. According to the Powers … Continue reading
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A Moral Suicide
This article in Townhall argues that people do not have the right to suicide, and especially do not have the right to ask others to help them kill themselves. If this is a traditional Conservative viewpoint, I diverge drastically. I … Continue reading
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Congress Doing More Harm Than Good, Says Former SEC Attorney
Bruce Hiler, a former SEC lawyer who has defended Jeff Skilling, shares his thoughts on short selling and the bailout. I found it interesting and thought you might too.
Ice Age Remnants Discovered At Ground Zero
I am weary of seeing the gaping maw in the center of Manhattan – but this story makes me feel a tiny bit better about our utter lack of progress with the 9/11 memorial. Construction workers digging at ground zero … Continue reading
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Pop Observations
After dismissing Gwyneth Paltrow’s rules for living (“Enjoy your life”), I decided I must not merely complain but actually add something to the conversation. So here are my observations. Just observations – not rules for a happy life or how … Continue reading
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All The Wrong Enron News
On June 3, 2008, I wrote a post asking what is taking the 5th Circuit Court of Appeals so long to decide the appeal of Jeff Skilling. Now, in late September, it is still a relevant question. Not a peep … Continue reading
Media Gets Skilling Wrong Again
From NYT is this gem: False marks — using mark-to-market accounting to hide the true value of security, rather than disclose it honestly — has a lot to do with why Jeffrey Skilling, the former Enron chief executive, is in … Continue reading
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Where’s Bethany?
Earlier this year, prior to her wedding to Enron Task Force Varsity Jagoff Sean Berkowitz, Bethany McLean announced she was moving from Fortune magazine to Vanity Fair. The move was supposed to have taken place in June – right after … Continue reading
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Jim Chanos: Short Sellers Keep Market Honest
Jim Chanos has written an opinion piece in the WSJextolling the virtues of the short seller. He points out something I thought interesting: Short sellers openly warned about the problems at Enron, Tyco, Fannie Mae and Freddie Mac before their … Continue reading
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Today In Enron History
On September 21, 2001, Vinson and Elkins attorneys met with Ken Lay to discuss their preliminary findings in their investigation into accounting fraud. Max Hendrick, who testified on behalf of Jeff Skilling and Ken Lay during their trial, told Lay … Continue reading
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Today In Enron History
After Sherron Watkins had written a memo to Ken Lay, he took her advice and launched an investigation into the accounting treatment of the Raptors. About a month later – the same week of 9/11/01 – Rick Causey reported to … Continue reading
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