Looks like one of the tax shelters Enron was tied to in Florida here affects our State Pension Fund. Gee, I wonder of our Governor Jeb Bush could have swung such a sweet deal. (After all, he and his brothers are VERY experienced at stealing people's money....anybody remember all the S&L bail-outs?) Just a teaser here:
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Published Thursday, January 17, 2002
Florida's Last-Minute Enron Stock Buys Probed
BY JOHN DORSCHNER | Miami Herald
In the tangled web of suspicions resulting from the collapse of Enron, Florida officials are trying to determine whether an investment firm with links to Enron acted improperly when it made ill-timed purchases in the energy company's stock that resulted in a $306 million loss for the state pension fund.
Whatever the underlying motivation, Alliance's purchases of Enron was clearly a bad investment for the Florida Retirement System, which serves 650,000 employees, including public school teachers and county employees.
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For the full story, go here:
http://www.truthout.com/01.19C.Enron.Florida.htm
Florida in the News Again
The whole thread (45 posts)
- Florida in the News Again
- Enron
- Part of usual stratgey to weaken government employee unions
- Re: Florida in the News Again
- You actually are saying with a straight face that "the Republicans are making war on the poor?" YGTBK
- Re: Florida in the News Again
- Words and language
- Would you mind sharing the source of those statistics (nt) (n/t)
- Publius, what do taxes have to do with those issues you posted?
- Re: Florida in the News Again