provide support to DOJ and SEC enforcement. It adds insult to injury that ordinary people - whether as taxpayers or pension fund beneficiaries - are paying not just for the crime but the cover up as well.
I have personal experience with DOJ doing or asserting their right to take all of seven steps when their own auditors and investigators have documented that the parties in question (me and my company) were entirely innocent.[1]
Since Enron’s board, management and auditors have confirmed that they are guilty of criminal violations
I have personal experience with DOJ doing or asserting their right to take all of seven steps when their own auditors and investigators have documented that the parties in question (me and my company) were entirely innocent.[1]
Since Enron’s board, management and auditors have confirmed that they are guilty of criminal violations
(obstruction of justice, gross negligence and falsification of information subject to securities laws, among others), there is no problem asserting the same powers in Enron’s case that DOJ is free to use to assert control over the documents and cash of innocent companies and their innocent employees and shareholders.
I hear a lot of people these days say, “well, if it’s this bad, then things are hopeless, there is nothing I can do.” Ah, fear not, there is. Let’s look at one example on the Enron affair.
Harvard Watch, a group of students and interested
I hear a lot of people these days say, “well, if it’s this bad, then things are hopeless, there is nothing I can do.” Ah, fear not, there is. Let’s look at one example on the Enron affair.
Harvard Watch, a group of students and interested
members of the Harvard community produced a report called “Trading Truth: Harvard’s Enron Entanglements”[2] that was published on the Internet.
Harvard Watch describes Harvard’s intellectual support for Enron’s below market privatizations and above market deregulation.
The report raises sufficient questions to merit a serious investigation as to whether Harvard Management personnel and/or one of the funds that manages money for Harvard, Highfields Capital, engaged in insider trading or were complicit in a "pump and dump" fraud scheme in connection with Enron securities and offshore partnerships.
Harvard Watch describes Harvard’s intellectual support for Enron’s below market privatizations and above market deregulation.
The report raises sufficient questions to merit a serious investigation as to whether Harvard Management personnel and/or one of the funds that manages money for Harvard, Highfields Capital, engaged in insider trading or were complicit in a "pump and dump" fraud scheme in connection with Enron securities and offshore partnerships.