Word: louisiana
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...complete enough. Louisiana Republican Billy Tauzin's committee led off with four people that Skilling, trying to keep the cloud below him on the executive chain, would later have no problem remembering - Andrew Fastow, Michael Kopper, Richard Buy and Richard Causey. The four men, in turn, had no problem taking the Fifth Amendment and quickly departed. Then Tauzin brought out its heroes, former company Treasurer Andrew McMahon and former in-house lawyer Jordan Mintz. Both said they went to Skilling with their concerns about the shady partnerships - and to get his approval on them - and Skilling reportedly gave them...
...choice but to save $128 million by delaying the tax cut for a year. Not an easy choice to make with an election coming up, but Bush has had solid approval ratings for most of his term. And he's not alone: Republican governors in New York, Michigan and Louisiana have proposed delaying tax cuts this year as a way to shore up their budgets...
...White House, said Democratic Congressman Henry Waxman, "had knowledge that Enron was likely to collapse but did nothing to try to protect innocent employees and shareholders, who ultimately lost their life savings." And it's not just the Waxmans of the world that Bush has to worry about. Louisiana Republican Billy Tauzin, chairman of the House Energy and Commerce Committee, the first to announce a formal congressional probe, has already sent investigators to the Houston offices of both Enron and its accounting firm, Arthur Andersen...
...says Ken Johnson, spokesman for the House Energy and Commerce Committee, whose investigators first got wind of the Oct. 12 memo and which is pursuing one of half a dozen investigations of Enron. "Anyone who destroyed records out of stupidity should be fired," said committee chairman Billy Tauzin, a Louisiana Republican. "Anyone who destroyed records to try to circumvent our investigation should be prosecuted...
...While Bush and the Republicans have gained the lion's share of attention from Enron and Lay, they get at least a little cover from the company's campaign contributions to prominent Democrats, such as Senate Energy Committee Chairman Jeff Bingaman and Louisiana Senator John Breaux. Enron and its top officials have hired the well-known Democratic lawyers Robert Bennett and David Boies. And Bob Rubin, the Democrats' high priest of economics and finance, was caught fishing-albeit tentatively by all accounts-for Treasury intervention on Enron's behalf...