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Enron Bankruptcy / Criminal Investigation / Politics #654252

NBC Evening News for Thursday, Jan 10, 2002
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(Studio: Tom Brokaw) Report introduced.

(Justice Department: Pete Williams) The investigation into the Enron energy company bankruptcy featured; details given of questions about whether Enron broke stock trading rules and the decision of Attorney General John Ashcroft and the United States attorney's office in Houston not to be involved in the investigation. [Northwestern University Law School professor David RUDER - says the Justice Department can investigate things the Securities and Exchange Commission cannot.] [Arthur Andersen CEO Joseph BERARDINO - says important information was not given to auditors.] The complexity of Enron's finances described.

(Studio: Tom Brokaw) Report introduced.

(White House: David Gregory) The political ties between President Bush's administration and Enron examined; details given of conversations between Enron CEO Kenneth Lay and Vice President Dick Cheney, Treasury Secretary Paul O'Neill and Commerce Secretary Don Evans reported. [BUSH - says he has never discussed business with Lay.] [White House Press Secretary Ari FLEISCHER - says Lay's conversations with Evans and O'Neill are not unusual occurrences.]

(Studio: Tom Brokaw) Report introduced.

(Houston: Jim Avila) The lavish lifestyle of the Enron senior-level officials and the amount of stock the top three executives sold before the crash examined; scenes shown of the Houston homes of some Enron executives. [Restaurant owner Tony VALLONE - says the executives enjoy dining well.] ["Houston Chronicle" Laura GOLDBERG - says the executives lived a good lifestyle.] [Class action lawsuit attorney Eli GOTTESDIENER - says the executives got out because they knew the stock price was inflated.] [Former employee Marina MULLITT - says someone in the company should serve time.]

(Studio: Tom Brokaw; Washington: Tim Russert) Concerns about the potential political fallout of the Enron investigation discussed.

Reporter(s):
Avila, Jim;
Brokaw, Tom;
Gregory, David;
Russert, Tim;
Williams, Pete
Duration:
00:09:30

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