One is reminded of the wise suggestion of Colonel Fletcher Prouty, an expert at the type of covert operations that may be involved in Enron’s financial fraud, “Ask yourself the question --- who stood down?”

DOJ’s Seven Deadly Enron Sins:
1. DOJ failed to assert control of documentation and records of Enron’s on shore and off shore subsidiaries and affiliates as well as Enron’s banks, trading partners, auditors and other vendors that would give them a complete picture of how the money worked at Enron and how to get stolen or laundered or slush fund monies back;

2. DOJ failed to assert control of documentation and records and cash before the transfer and sale of assets;

3. DOJ failed to assert control of documentation and records and cash before bankruptcy;

4. DOJ failed to prevent shredding;

5. DOJ failed to assert control of company cash and assets both onshore and offshore and related entities;

6. DOJ failed to assert control of personal cash and insider trading profits and capital gains;

7. DOJ failed to arrange for the cancellation of Enron and Arthur Anderson’s government contracts and assert control of government payables.

This is not an accident. Although we are paying the salaries, health care, bonuses, travel, expense accounts and pension funds of the attorneys at the Department of Justice, at the White House as well as our Congressional representatives, they are essentially doing everything possible to help the bad guys get away with the cash.

Pug is a lead investor and board member of DynCorp, a government contractor paid to