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COURT TV ONLINE - CHAT COURT TV ONLINE - CHAT The Enron Collapse Attorney Robert Weiss calls for a special prosecutor to investigate the energy trader's fallDec. 12, 2001 Court TV Host: We're going to be talking about the collapse of the once might Enron Corp. Our guest today is going to be Robert Weiss, an investors' rights attorney who says he thinks some very fishy things may have happened to the high-flying multi-billion dollar company that is now in bankruptcy court and whose employees have basically zip in their 401K plans. Court TV Host: Our guest, lawyer Robert Weiss, is here! Welcome! Robert Weiss: Hello. Court TV Host: First off, is there anything you would have liked to get to on the Crier show that you didn't have time to discuss? Robert Weiss: Yes. This case brings into question the very basics of our political and business institutions. Some of the biggest politicians in Washington and some of the largest investment houses on Wall Street are hopelessly conflicted. therose_4: So where did all the money go?? Robert Weiss: 300 million dollars went to Ken Lay. A large amount went to top insiders, the Republican National Committee received a ton of donations. Court TV Host: Ken Lay, by the way, is the CEO of Enron. warhorse46: What, if any, charges could be brought in the Enron mess & against whom? Robert Weiss: Mr. Lay, Mr. Skilling, who acted as CEO for a time, perhaps Arthur Anderson the accounting firm, who helped to defraud investors, among others. The only way to really know who the proper defendants are is for a special prosecutor to look into this. natural1953: What are the implications regarding campaign finance reform? Robert Weiss: I beleive that the implications are potentially huge. Imagine if Terry McAullife, Bill Clinton's top fundraiser, had been responsible for defrauding investors out of billions? massviewer: How much has this scandal been overshadowed by 9/11 Robert Weiss: Tremendously. Otherwise this story would be the biggest of the year. Remember that we spoke of Gary Condit's sex life exclusively for 6 months. Full Article: http://www.courttv.com/talk/chat_transcripts/2001/1212enron.html |
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