Friday, May 26, 2006

  • Enron Execs Found Guilty on Multiple Conspiracy, Fraud Charges


    The two top figures in the Enron corporate scandal have been found guilty. On Thursday Enron founder Ken Lay was convicted on 10 counts of conspiracy, securities fraud, wire fraud, bank fraud and for making false statements to banks. Enron’s former CEO Jeffrey Skilling was also convicted on 19 of 28 counts. With Lay’s conviction, one of President Bush’s top financial backers is now facing the possibility of spending the next 30 years in prison. We speak with investigative journalists Robert Bryce and Greg Palast. [includes rush transcript]

  • Enron: The Bush Connection


    Enron founder Ken Lay and his family rank among President Bush’s biggest financial backers of his political career. The family donated about $140,000 to Bush’s political campaigns in Texas and for the White House. The president personally nicknamed Ken Lay 'Kenny Boy.' Our guest Greg Palast examined the connections between Enron and the Bush administration in his documentary "Bush Family Fortunes." [includes rush transcript]

  • Enron Played Central Role in California Energy Crisis


    Six years ago, California was plunged into an unprecedented energy crisis. Rolling blackouts shut down parts of the state. Power bills soared. It turned out that at the center of the crisis was Enron — although the company’s role wasn’t fully understood at the time. We play excerpts of audiotapes that proved Enron asked power companies to take plants offline at the height of the California energy crisis–in order to make more money. [includes rush transcript]

  • Enron–The Smartest Guys in the Room


    We bring you an excerpt from the documentary "Enron–The Smartest Guys in the Room"–based on the book of the same name by Bethany McLean and Peter Elkind. [includes rush transcript]

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Full News Hour


    Juan González on How Puerto Rico’s Economic "Death Spiral" is Tied to Legacy of Colonialism
    Could Puerto Rico become America’s Greece? That’s a question many are asking as the island faces a devastating financial crisis and a rapidly crumbling healthcare system. Puerto Rico owes $72 billion in debt. $355 million in debt payments are due December 1, but it increasingly looks like the U.S. territory may default on at least some of the debt. Congress has so far failed to act on an Obama administration proposal that includes extending bankruptcy protection to Puerto Rico and allocating more equitable Medicaid and Medicare...


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