Schwarzenegger/Enron Followup

Posted on Wednesday, October 08 at 09:46 by N Say
At the center of the story is a private lawsuit filed last year by California's Lieutenant Governor Cruz Bustamante to make Enron and other power companies pay back $9 billion in illicit profits. The suit shows how they carried off the profits by fraudulent reporting of sales transactions, megawatt "laundering," fake power delivery scheduling. Palast cites a 34-page internal Enron memo he obtained.

Schwarzenegger has yet to deny that on May 17, 2001 he met with Enron chieftain Kenneth Lay and convicted stock swindler Mike Milken in a hotel room in Los Angeles. The meeting was allegedly part of a plan to recall Gov. Gray Davis and replace him with someone who could make the legal threat go away."

Full article: http://www.democracynow.org/article.pl?sid=03/10/06/160254

Note: Democracy Now http://www.democracynow...

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  1. Wed Oct 08, 2003 7:52 pm
    It\'s worth noting that Schwarzenegger did win.

    According to the Globe and Mail:

    \"A clear majority supported a referendum question asking whether Mr. Davis should be recalled 11 months after he was re-elected. A decisive 57 per cent rejected Mr. Davis, according to early returns. The last U.S. governor to be recalled was in North Dakota in 1921.

    On the ballot\'s second question, asking voters to chose a replacement from among 135 candidates, roughly half selected Mr. Schwarzenegger, according to early results. Cruz Bustamante, the Lieutenant Governor and a Democrat, placed a distant second, with barely half the film star\'s support.\"

    Full article: http://www.theglobeandmail.com/servlet/ ... tory/Front



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