|
|
Article: White House Aides Weighed Enron End.
- Article from:
- The Washington Times (Washington, DC)
- Article date:
- May 24, 2002
CopyrightCOPYRIGHT 2002 The Washington Times. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Patrice Hill
May 24--The White House's top economic advisers discussed extensively last fall whether the collapse of energy giant Enron would create turmoil in financial markets and warrant intervention by the Treasury Department.
But after a government-wide review of the possible consequences of the largest corporate failure in history, Bush officials decided not to act, say document summaries released by the White House late Wednesday.
The review was prompted by previously disclosed calls to Cabinet officers by former Enron Chairman Kenneth Lay, President Bush's top campaign contributor.
Enron's collapse in November did ...