Smug Pug: Stealing ENRON

Article image Herbert S. "Pug" Winokur, Jr., Chairman of the Enron Finance Committee

"The rich are not getting richer. The rich are stealing. And the people doing the stealing for them have names and addresses."
Adaptation of a quote from Utah Phillips
The Real Deal With Catherine Austin Fitts

From Part I of the Smug Pug Series:

“Every trucker and teacher in my West Tennessee home of Hickory Valley knows that Mr. Winokur's whining is yah-yah. We are paying $150,000 a year to our Congressman and two Senators to help Mr. Winokur and his pals steal from us. Congress is stalling for time. While Mr. Winokur and his pals dish out "yah-yah," their colleagues shred documents, transfer assets and stolen cash gets tucked away.”

On May 7th, 2002, Herbert S. Winokur, Jr., Chairman of the Enron Finance Committee, testified before the Senate Committee on Governmental Affairs in a hearing titled “The Role of the Board of Directors in Enron’s Collapse.”

Mr. Winokur’s comments and opening statement covered the board’s role, off shore partnerships, his role in the special board committee, the Powers Committee, as well as Enron’s illegal trading activities in the California energy markets.