Saturday, June 08, 2002

Let's return to that Salon article on Enron.

If McNally was tipped off to Enron's troubles it would mean that White House had been warned several months earlier than it has previously acknowledged of Enron's failing fortunes, which caused thousands of employees to lose tens of millions of dollars in retirement benefits. It would also mean the White House received such a warning even before Sherron Watkins delivered her famous memo to then Enron chairman Kenneth Lay, warning that the company's byzantine partnerships could destroy the company.