Demo committee chief had own Enron |

Demo committee chief had own Enron

The DNC chief is an amazing investor!

Congressman Henry Waxman, D-Calif., is demanding full disclosure of VP Cheney’s discussions with Enron, hoping to find some quid-pro-quo between the Bush administration and Ken Lay, Enron’s former CEO. Now we find out that Terry McAuliffe, Democratic National Committee chief, just happened to invest $100,000 in Global Crossing, introduced their CEO to then-President Clinton, and wound up netting $14 million on the sale of his stock. Global Crossing has also gone down the drain, leaving thousands of investors and former employees with worthless stock.

I guess I just want to know if Waxman will also investigate McAuliffe for any possible wrongdoing, as well. It must be very frustrating for the Democrats not to be able to pin any wrongdoing on Bush’s team while having to look the other way when it comes to their own party fat cats, including the former first couple. But isn’t it nice to finally have an administration that is honest and is truly interested in doing the right thing for all working Americans?

Dick Panzica

Penn Valley

Support Local Journalism

Support Local Journalism

Readers around Grass Valley and Nevada County make The Union’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Your donation will help us continue to cover COVID-19 and our other vital local news.


Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User