Jason LeopoldBeware| SCOOP
This could be your tax dollars at work.
The federal government may guarantee hundreds of millions of dollars in loans to help a former energy executive who publicly admitted he had no idea that the division he once ran cooked its books and who is now trying to secure funding for a new energy company he started with three ex-colleagues.
Yes, Thomas White, the former vice chairman of Enron Energy Services and one-time Secretary of the Army, who testified before the U.S. Senate more than two years ago that he was clueless about the tactics the employees who worked for him used to manipulate electricity prices in the California power market in addition to the massive losses EES-under his leadership-hid in an effort to keep its parent company, Enron Corp, temporarily afloat, is back in the energy business and this time he’s looking for a handout.
Anonymous
Recent Comments