Business Services Industry

Enron Goes from White House Friend to Foe.

Knight Ridder/Tribune Business News, January, 2002

The Dallas Morning News Knight Ridder/Tribune Business News

Jan. 14--WASHINGTON--Once one of the Bush campaign's biggest financial assets, Ken Lay and Enron Corp. have suddenly become the Bush presidency's biggest political liability.

The Enron CEO and chairman's contacts with administration officials have cast the White House in an economic horror story featuring thousands of dismissed workers with worthless pensions, a flurry of lawsuits and congressional probes, and a Justice Department criminal investigation -- all featuring the biggest campaign contributors of President Bush's political career.

While Mr. Bush's political opponents try to tie his administration to Mr. Lay and Enron's record-setting failure, White House aides said they are...

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