May 01, 2003

Politics: Waitasecond. We ARE Gonna Charge Someone for Enron? It's About Friggin' Time.

Federal prosecutors will unseal indictments on 8 more former Enron employees, stemming from an event at the intersection of bloodthirsty cravenness and remarkable stupidity. Enron officials pitched the ludicrous and unattainable idea of Enron building a massive nationwide broadband network to a bunch of mopes at the Four Seasons in Houston, and -- shockingly! -- the stock for the company went through the roof. At that point, all the officials (and their wives, girlfriends, nephews and nieces), whose portfolios had been beefed up with cheap Enron stock before the rocket was launched, bought three boats each, and filled their holds with lucre and other loot from the American workforce. These charges appear to be a precursor to potentially charging Enron CFO Andrew Fastow, who is as good a candidate as any I've seen for tarring and feathering.

Charge away, federal prosecutors, and don't forget that Ken Lay is just around the corner.

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