[extropy-chat] how business skews perception
Sean Diggins
sean at valuationpartners.com.au
Sat Oct 23 19:56:39 UTC 2004
The following piece illustrates quite clearly how those who run the US get
things done behind the scenes.
I believe this article to be credible.
Sean
Sinclair is more than broadcasting
Sinclair's connections explains the Kerry hit piece it wanted to broadcast
By Karl W. B. Schwarz
"Online Journal" Contributing Writer
October 20, 2004-Many Americans do not know that before his days of crime at
Enron, Andy Fastow was intimately involved in another "American Energy and
Finance Scam" named Penn Central and that sleazy deal wound up toppling
Continental Illinois Bank at a taxpayer costs of billions.
Andy Fastow was an employee at Continental Illinois Bank and learned his
"Special Purpose Entity (SPE)" skills from Michael Milken and others and was
hired by Enron because he did so well at hiding stuff at Continental
Illinois. In short, he was a trained and "uncaught" criminal already that
was recruited to Enron to do the same.
Mayer Brown Rowe & Maw (Richard Ben Veniste's law firm and him on the 9-11
Commission) prides itself in offshore SPEs to circumvent US law (ask
Cheney), hide assets, offshore games, SPEs, etc., and was the major law firm
representing Enron. Probably are still representing Cayman Islands based
Prisma Energy International. Many of those Fastow SPEs were Cayman Islands
entities.
Most Americans do not know that Continental Illinois was based in Chicago,
and so are the law firms of Mayer Brown, Rowe & Maw (Richard Ben Veniste,
9-11 Commission) and Winston Strawn (former Illinois Republican Governor
James Thompson, also 9-11 Commission member).
If you look under Prisma Energy International-"Corporate Governance"-there
are many former Enron International and Halliburton people involved in the
post-bankruptcy Enron. This is an excellent example of the "hired help"
stealing the company from its owners (shareholders and vested employees).
The reason that I point this out is that I learned many years ago to dig
deeper than one inch to effect "due diligence" and know the facts.
We have a situation where Sinclair Broadcasting had made it clear they
intended to run a very negative film documentary about John Kerry, titled
Stolen Honor. Now, that could be partisanship, or maybe there is a
"highly-motivated party" here in Sinclair as to why they are taking such
actions. They have come before this nation without clean hands and I will
show you why that is so.
Dig deep folks and always-follow the money.
"FOLSOM, Calif., Sept. 28 /PRNewswire/ラJadoo Power Systems, Inc
(Jadoo), a
leading provider of portable power products, was awarded a contract to
develop power systems for the US Special Operations Command (SOCOM). The
program's goal is to reduce the weight of energy storage carried in the
field by the Special Forces . . ."
While the award of a government contract is not always newsworthy, a closer
look reveals this:
"Jadoo Power Systems, Inc. (Jadoo) is a market-focused company that has
developed next-generation portable energy storage and power generation
products. Jadoo is a privately-held company with individual and
organizational investors."
The two investors listed are:
1. Sinclair Ventures: a wholly owned subsidiary of Sinclair Broadcast Group,
Inc. and
2. Contango Capital Management: formed to bring capital to innovative
entrepreneurs who are working hard to answer the energy challenges facing
our world today and in the near future.
We know who Sinclair is (Stolen Honor), but check out where some Enron and
Harvard Business School people now work: Contango Capital Partners-look at
John Berger's "resume"
John Berger
Managing Partner
Contango Capital Partners
Mr. Berger is a founding partner of the General Partner and its Managing
Partner. Mr. Berger has over eight years of experience in the energy
industry, during which he managed energy trading books for Enron Corporation
and initiated development of the new Enron Premium Power Division. As a
Manager, he made the previously unprofitable southeast short term trading
operation for the Enron East Power Trading Division profitable by
approximately $30 million over a two year period. Under his management, the
southeast short term trading operation successfully administered the largest
long-term customer deal in the industry, and increased the average daily
volume in the southeast trading hub by ten times the former volume. Mr.
Berger also managed the Enron Hourly Trading Desk, and operated a utility
system in the southeastern United States. At Enron Energy Services he led
and developed Enron's corporate strategy for new energy technologies and
energy reliability financial products. In addition, Mr. Berger spearheaded
development, investment, and partnership opportunities in fuel cell
technologies.
Hmm, what a catchy name for a venture capital fund, "Con-tango."
That Berger division of Enron is the exact one that was plundering the State
of California. Both Enron and El Paso executives have pleaded guilty to
criminal charges and Mr. Berger gets to go out and do more deals. Criminal
charges are also pending against Dynegy in California too.
Guess what, Enron, Dynegy, and El Paso are all involved in Pakistan and the
Caspian Basin and would all benefit from the forced removal of the Taliban
and Bridas Corporation.
Of course, he worked under Thomas White, vice chairman of that Enron
division that was promoted by Bush to Secretary of the Army during the
period of time that BUSH & Co were planning and practicing the assault on
Afghanistan and BRIDAS CORPORATION and take over that Afghanistan pipeline.
Criminal charges were pending, and now confirmed with an Enron executive
pleading guilty in California and an El Paso executive, too.
What an easy way to co-opt someone into doing evil. Criminal charges- that
up and vanish against all but an unlucky fall guy.
Go an inch deeper. Who was representing Governor Gray Davis while all of
this was under investigation and 21 US energy companies were caught
red-handed fleecing $5.5 to $7.5 billion from California electricity
customers?
>From Chapter 13 of One-Way Ticket to Crawford, Texas, a Conservative
Republican Speaks Out:
Footnote 689:
www.sacbee.com/static/archive/news/special/power/080401data.htm l Meanwhile,
Joseph Fichera and Michael Hoffman, two Davis administration advisers who
had been criticized for failing to disclose energy-related stock holdings,
sent letters to Davis on Friday saying they owned no stock in firms involved
in providing power to the state.
Footnote 693: Special Consultants to Gov.; Name Agreement Date Service Term
Date SEI Signed Notes Richard Ferreira 1/30/01 1/31/01 to 12/31/02 7/10/01
A-1 assets listed; $2k-$10k Calpine acquired 8/17/00; address redacted
Joseph Fichera - Saber Partners 3/1/01 3/1/01 to 6/30/01 exemption 1
negotiated transmission line deal; commission contract
** Kevin Stacey (director)
** William Moore (director)
** Paul Sutherland (director)
** Alan Blinder (advisory board chair)
Michael Hoffman - Blackstone Group 3/1/01 3/1/01 to 6/30/01 exemption 1
negotiated transmission line deal; commission contract
** Peter Peterson (chairman)
** Stephen Schwarzman (pres & ceo)
** Michael Puglisi (cfo)
** 15 staff working on the deal
Of course, Mr. Schwartzman is a Skull & Bonesman, a year behind George W.
Bush, and a Bush Pioneer.
Talk about letting the fox watch the henhouse. Criminal conduct in
California by the division of Enron that did it, and take one of the
executives (Berger) and have him advising the prosecution (Federal Energy
Regulatory Commission-FERC) as to what steps to take.
John Berger
Managing Partner
Contango Capital Partners
During 2002 and 2003, Mr. Berger served as an advisor to the Federal Energy
Regulatory Commission where he drafted governance guidelines for the
Regional Transmission Organizations and served as an advisor to the drafters
of the Standard Market Design regulatory document that is currently before
the United States Congress. He also advised the Commission on distributed
generation, demand response, information gathering and application issues,
investigations, and trade clearing/credit issues in the North American
energy markets. Mr. Berger graduated cum laude from Texas A&M University
with a B.S. in Civil Engineering. In 2003, he earned an MBA from Harvard
Business School where he founded and organized the first annual Harvard
Business School Energy Symposium and was a finalist in the 2003 HBS Business
Plan Contest.
Oh yeah, and he is a good Texas A&M Aggie, too, which is the location of
that George H. W. Bush Presidential Library that is off-limits so Americans
can't know the truth, the whole truth and nothing but the truth about Bush
sleaze.
Karl W. B. Schwarz lives in Little Rock, AR and is the author of "One-Way
Ticket to Crawford, Texas, a Conservative Republican Speaks Out." He is the
President and Chief Executive Officer of Patmos Nanotechnologies, LLC and
I-nets Security Systems, a designer of intelligence and UAV systems.
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