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KEN "KENNY BOY" LAY INDICTED


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he probably thought he was off scott free...

i'm sure he'll be treated with kid gloves, but nonetheless...WOOHOOO.

 

here's an article on the indictment by greg palast:

 

GIVE IT BACK, GEORGE: THE LAY LOOT THAT BOUGHT THE WHITE HOUSE

BUSH AND REPUBLICANS SHOULD GIVE UP ILL-GOTTEN GAINS

by Greg Palast

Thursday, July 8, 2004

 

When the feds swoop down and cuff racketeers, they also load the vans

with all the perp's ill-gotten gains: stacks of cash, BMWs, whatever.

Their associates have to cough up the goodies too: lady friends must

give up their diamond rocks.

 

 

Under the racketeering law, RICO, even before a verdict, anything

bought with the proceeds of the crime goes into the public treasury.

 

 

But there seems to be special treatment afforded those who loaded up on

the 'bennies' of Ken Lay's crimes. If the G-men don't know where the

tainted loot is cached, try this address: 1600 Pennsylvania Avenue.

Ask for George or Dick.

 

 

Ken Lay and his Enron team are the Number One political career donors

to George W. Bush. Mr. Lay and his Mrs., with no money to pay back

bilked creditors, still managed to personally put up $100,000 for

George's inaugural Ball plus $793,110 for personal donations to

Republicans. Lay's Enron team dropped $4.2 million into the party that

let Enron party.

 

 

OK now, Mr. President, give it back - the millions stuffed in the

pockets of the Republican campaign kitty stolen from his Enron

retirees.

 

 

And what else did Ken Lay buy with the money stolen from California

electricity customers? Answer: the Federal Energy Regulatory

Commission. Just before George Bush moved to Washington, Kenny-Boy

handed his hand-picked president-to-be the name of the man Ken wanted

as Chairman of the commission charged with investigating Enron's

thievery. In a heartbeat, George Bush appointed Ken's boy, Pat Wood.

 

 

Think about that: the criminal gets to pick the police chief. Well,

George, give it back. Dump Wood and end the "de-criminalization" of

electricity price-gouging that you and Cheney and Wood laughably call

"de-regulation." Give us back the government Lay bought with crime

cash.

 

 

And while we're gathering up the ill-gotten loot, let's stop by Brother

Jeb's. The Governor of Florida picked up a cool $2 million from a

Houston fundraiser at the home of Enron's former president long AFTER

the company went bankrupt. Enron, not incidentally, obtained half a

billion of Florida state pension money -- which has now disappeared

down the Enron rat-hole.

 

 

And Mr. Vice-President, don't you also have something to give back?

In secret meetings with Dick Cheney in the Veep's bunker prior to the

inauguration and after, you let Ken and his cohorts secretly draft the

nation's energy plan - taking a short break to eye oil field maps of

Iraq. Let us remember that the President's sticky-fingered brothers

Neil and Marvin were on Enron's payroll, hired to sell pipelines to the

Saudis. The Saudis didn't bite, but maybe a captive Iraq would be more

pliant.

 

 

So, Mr. Law and Order President, please follow the law and give up the

Energy Plan that Mr. Lay bought with other people's money.

 

 

When I worked as a racketeering investigator for government, nothing

was spared, including houses bought with purloined loot. Let there be

no exception here. It's time to tape up the White House gate and hang

the sign: "Crime Scene: Property to be Confiscated. Vacate Premises

Immediately."

 

 

***

 

 

Greg Palast is an internationally recognized expert on electricity

deregulation and power company racketeering. Co-author of the United

Nations guide to power industry regulation, Palast's investigation of

Enron won Britain's prize for top business story of the year in 1998

(with Antony Barnett of the Observer). Palast investigated Enron's

influence on the Bush Administration for BBC Television's newsnight and

his expose of Ken Lay's manipulation of the California power markets

and litigation won a 2004 Project Censored Award from California State

University at Sonoma's Journalism School. Palast's book, the New York

Times bestseller, "The Best Democracy Money Can Buy," includes a

summary of his investigations on Enron: "California Reamin': the real

story of deregulation and the power pirates."

 

 

To read more of Palast's writings or view his BBC film, "Policy or

Payback?," go to www.GregPalast.com

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Dejection.

 

Click.

 

http://us.news2.yimg.com/us.yimg.com/p/afp/20040708/capt.sge.llr96.080704125246.photo01.default-384x381.jpg'>

US President George W. Bush walks away from a briefing with the media, refusing to answer questions after he was asked about Enron and the reported indictment of former CEO Kenneth Lay, who was a close adviser and fund-raiser for Bush and his father, earning him the presidential nickname of 'Kenny Boy.'(AFP/Paul J. Richards)

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