
08-10-2002, 02:36 PM
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Join Date: Oct 2001
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Quote:
Ken Lay and Jeff Skilling apparently rigged a $60 million deal, took bonuses based on the increase in stock price caused by news of the deal, and then reversed it.
It was a scam by Enron and Merrill Lynch; you can read details of it anywhere.
(Stenographer Massimo Calabresi of Time is probably copying down notes from Clinton for a story proving that this was Bush's fault.)
Well this is chump change and peanuts compared to what Clinton and Al Gore did, it has been learned today.
Robert Novak reports that, during Bill Clinton's last two years as CEO of the nation, "the announced level of before-tax profits was at least 10% too high - a discrepancy rising close to 30% during the last presidential campaign.
Most startling, the Commerce Department in 2000 showed the economy on an upswing through most of the election year, while in fact it was declining."
The nation was into a recession that didn't get reported until 2000 - after Bush had been inaugurated.
The economy was in far worse shape during the presidential campaign, but they lied through their teeth about it.
Clinton is out there saying stuff like, Bush and them boys have destroyed everything we built up.
If Gore had been elected, his whole four-year term would have been a lie.
The doofus is still bragging about the Clinton/Gore economy!
They overstated profits by 30% - but is it on the front page of any American newspaper?
The papers have stories on the explosions in Colombia and a study finding children's aid goes to adults and a dozen other relatively unimportant stories, but nothing on this scandal that affected every single American!
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