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...untether itself from government oversight. But it became so notorious that it gave up any chance of a political lifeline. Last fall, when the company was begging for rescue, Bush Administration officials say it was unanimously rebuffed. Enron had hired the best lobbyists--powerhouses such as Republican chairman Marc Racicot and Bush adviser Ed Gillespie, who can usually make things happen--but they too are distancing themselves, saying they were kept in the dark about the depth of the company's problems. For the first time, what Enron needs is more than money...

Author: /time Magazine | Title: What $6 Million Can Buy | 1/28/2002 | See Source »

...involved in the hearings) who had taken money from Enron or its accounting firm, Arthur Andersen. By then the White House seemed cocky. For reasons no one can explain, it went through with its plan to make one of Enron's former lobbyists, former Montana Governor Marc Racicot, the new Republican National Committee boss...

Author: /time Magazine | Title: Enron Spoils the Party | 1/27/2002 | See Source »

...raising taxes. When pressed on this, George W. and his team argue that states play by different financial rules. They have to balance their budgets every year. The only slip so far has been by new Republican National Committee chairman Marc Racicot who when pushed on whether Jeb was raising taxes told reporters, "I think that argument could be made, yes." Eight hours later, Racicot issued a statement saying he did not believe Jeb had raised taxes...

Author: /time Magazine | Title: What Jeb Envies About George | 1/25/2002 | See Source »

...Senate Energy Committee Chairman Jeff Bingaman and energy-state centrist John Breaux, among others - and they aren't just about political cash. Bush Administration officials with other financial ties to Enron include former stockholder Karl Rove, former advisory board members Larry Lindsey and Robert Zoellick, former lobbyist Marc Racicot and former executive Thomas White Jr. (he's Secretary of the Army). And Robert Rubin, the Democrats' economic ombudsman - but also a big shot at Enron-exposed Citigroup - is on the hook for making his own help-me call to Treasury in November...

Author: /time Magazine | Title: For Enron, Washington May Have Been a Bad Investment | 1/15/2002 | See Source »

...California crisis quite the way, say, Gray Davis did. And the list of Administration members with Enron connections is long indeed - aside form Lay buddies Bush and Cheney, Karl Rove was a big stockholder, Larry Lindsey and Robert Zoellick were $50,000-a-year board members, Marc Racicot was a lobbyist until Tuesday and Secretary of the Army Thomas White Jr. is a former executive...

Author: /time Magazine | Title: Bush's Enron Problem | 1/10/2002 | See Source »

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