Word: houstons
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...DIED. Lloyd Bentsen, 85, courtly, influential former Senator from Texas and Democratic candidate for Vice President in 1988; in Houston. As the chairman of the Senate Finance Committee from 1987-92 and Bill Clinton's first Treasury Secretary, the pro-choice, pro-business Democrat was widely admired as a bipartisan coalition builder. Yet Bentsen will be forever remembered for a singularly potent moment during a 1988 debate. The vice presidential candidate on Michael Dukakis' ticket, he bridled at Dan Quayle, then 41 and a Senator from Indiana, who was defending his youth and experience by comparing himself to John...
DIED. Lloyd Bentsen, 85, courtly, influential former Senator from Texas and Democratic candidate for Vice President in 1988; in Houston. As the chairman of the Senate Finance Committee from 1987-92 and Bill Clinton's first Treasury Secretary, the pro-choice, pro-business Democrat was widely admired as a bipartisan coalition builder. Yet Bentsen will be forever remembered for a singularly potent moment during a 1988 debate. The vice presidential candidate on Michael Dukakis' ticket, he bridled at Dan Quayle, then 41 and a Senator from Indiana, who was defending his youth and experience by comparing himself to John...
...About 500 hedge funds, up from 180 in less than two years, have more than $100 billion at work in the energy sector, says tracker Peter Fusaro, head of Energy and Environmental Capital Management. "We're in the middle of the vortex," he says, pointing to hot economies in Houston and Calgary, Canada. "The bigger issue is--get to know your risks. Enron was the dumbest energy company in the world...
...billion in restitution to shareholders. They're getting nothing from Skilling and Lay, whom the feds are already dunning for more than $150 million. "There's little chance of recovery from them, but most will be satisfied that Skilling and Lay were convicted," says Robin Harrison of Houston, one of the attorneys representing retired employees. "Right to the end, people were concerned they might get away with...
...Houston, there is relief that the trial was over. ?Right up to the end, people were concerned they might get away with it,? said Robin Harrison, a Houston attorney representing the pensioners in their benefits case. ?It seems the jury was pretty cohesive. They just flat didn?t believe the testimony of the two men.? As Berg puts it, "The defense - that there was nothing wrong at Enron - was a demonstration of the kind of arrogance that brought them down...