Former Enron exec suicide

[Latimer]

http://www.cnn.com/2002/US/01/25/enron.suicide/index.html


Baxter made a profit of $21,980,470 from selling more than 600,000 shares of Enron stock since October of 1998.

One of 29 former and current Enron executives and board members named as defendants in shareholder lawsuit.

Resigned as vice chairman in May of 2001, but continued working for Enron as a consultant.

Baxter "complained mightily to [then-Enron President and CEO Jeff] Skilling and all who would listen about the inappropriateness of our transactions with LJM (a limited partnership)," Enron Vice President Sherron Watkins wrote in August 2001.

In weeks before his death, Senate subcommittee subpoenaed Baxter documents and House committee investigators tried to arrange a meeting with him.


Sounds a bit too convenient to me. What are your thoughts?

 

[MattTheSkywalker]

I say good. Fuck him. I hope the same thing happens to every one of the senior executives.

As far as his death - looks like a suicide.

 

[Latimer]

I say good. Fuck him. I hope the same thing happens to every one of the senior executives.

I agree.

I only see three scenarios surrounding his death.

1. He was whacked before he could be investigated.

2. The guilt got to him.

3. He figured he'd rather off himself before facing prison time.


Scenario #2 is quite possible.

"Mr. Baxter had the utmost integrity and she respected him immensely. Mrs. Watkins expresses her heartfelt sympathy and prayers to her family," Hilder said in a prepared statement.

I wouldn't think a man with integrity would've put himself in a position where he would be feeling that much guilt over his actions in the first place. Of course I would say 22 million would go a long way in corrupting one's morality.

Scenario #3 is feasible. I just don't see why he would've jumped the gun so early. If I were to go that route, I'd definately wait it out longer and see how things turned out.

 

[HumorMe]

As far as his death - looks like a suicide.

Looks can be deceiving!

He made a good lick off his stock, though!

 

[HappyScrappy]

just goes to show - mo money mo problems

 

[the nature boy]

deep in the pit of my stomach I think feel that David Hasslehoff is involved with this whole thing.

 

[sicklydiesel]

‘PERPLEXING TO US’
Rep. Jim Greenwood, R-Pa., told MSNBC that the oversight and investigations subcommittee he chairs saw Baxter “as a good guy in the company ... that might shed some light on how this debacle took place.”
While Greenwood didn’t question Baxter’s death as anapparent suicide, he said “there is nothing in the documents that we’ve seen, nothing in the interviews we’ve conducted, that would lead us to believe that he had anything that he needed to be ashamed of. So it’s perplexing for us that, of all the players, he would be the one to take his life.”
Greenwood added that the subcommittee had been “very interested in speaking with Mr. Baxter” because he had been cited in a key Enron memo as one of the internal critics of Enron’s financial dealings.
Asked if Baxter’s death would hamper investigators, Greenwood said he felt investigators would be able to gather the information it needs given the numerous former and current Enron executives cited in company documents.
The Senate Governmental Affairs Subcommittee on Investigations had also shown interest in Baxter, sources told NBC News, sending him a subpoena for documents relating to his challenges of what he felt were the company’s questionable financial practices.





According to authorities he had nothing to worry about be convicted of, there were plenty of other executives in alot deeper shit. I would not be suprised at all if he was whacked, when high rollers and people with political pull are involved you can never say for sure it was a suicide. I bet they killed him because he knew too much and could screw the others over.

 

[Big Brother Val]

deep in the pit of my stomach I think feel that David Hasslehoff is involved with this whole thing.

I don't believe he is, Nature Boy. Hasselhoff has an airtight alibi. On the other hand, former Air Wolf star Jan Michael Vincent has strong ties to the situation. I think it was the money. After all, he's been making $47 a movie since Air Wolf went off the air. Think about it... the man was in the movie "Ice Cream Man" starring Ron Howard's brother.

If he can star in that show... the man is capable of doing anything.

 

[gotmilk]

Baxter said he did not want to testify against his friends.

What till you guys here about the Kmart fiasco and Mark Schwartz cooking Kmart's books. He fucked the company big time...and now people are finding out that he is buddy-buddy with WalMart. Nothing like running Kmart into the ground to help WalMart succeed.

 

[Test boy]

He got whacked. Dead men don't talk.

 

[the nature boy]

I don't believe he is, Nature Boy. Hasselhoff has an airtight alibi. On the other hand, former Air Wolf star Jan Michael Vincent has strong ties to the situation. I think it was the money. After all, he's been making $47 a movie since Air Wolf went off the air. Think about it... the man was in the movie "Ice Cream Man" starring Ron Howard's brother.

If he can star in that show... the man is capable of doing anything.

lol, welcome back val.

 

[HumorMe]

Baxter said he did not want to testify against his friends.

What till you guys here about the Kmart fiasco and Mark Schwartz cooking Kmart's books. He fucked the company big time...and now people are finding out that he is buddy-buddy with WalMart. Nothing like running Kmart into the ground to help WalMart succeed.

Expand on this subject, please.

Do tell, Do tell.....pretty please!

What source is that from? I haven't heard that!

 

[HumorMe]

I don't believe he is, Nature Boy. Hasselhoff has an airtight alibi. On the other hand, former Air Wolf star Jan Michael Vincent has strong ties to the situation. I think it was the money. After all, he's been making $47 a movie since Air Wolf went off the air. Think about it... the man was in the movie "Ice Cream Man" starring Ron Howard's brother.

If he can star in that show... the man is capable of doing anything.

Was that before taxes or after?

 

[gotmilk]

Expand on this subject, please.

Do tell, Do tell.....pretty please!

What source is that from? I haven't heard that!

It was on his suicide note. He resigned in May of 2001 because he knew about the offshore paper fronts. Ken Lay was buying fiber optic cable for .10 on the dollar...and then selling it to Enron at full price...making millions.

There are over 3000 fake Enron Corporations and most belong to Lay and other executives. This is how they fudged contracts and revenues.

 

[HumorMe]

It was on his suicide note. He resigned in May of 2001 because he knew about the offshore paper fronts. Ken Lay was buying fiber optic cable for .10 on the dollar...and then selling it to Enron at full price...making millions.

There are over 3000 fake Enron Corporations and most belong to Lay and other executives. This is how they fudged contracts and revenues.

I've heard and read that but the KMart-Walmart thing is what I haven't heard. Got to go eat be back in a few!

 

[DcupSheepNipples]

666

Deal with the devil!
Time to pay the piper!
There will be more!

http://www.rense.com/general19/enron.pdf.pdf_1.pdf

 

[BuggyWhips]

That exec knew there was a problem and tried to get them to fix it. I see him as a good guy. He got out because he didnt want to get involved in the whole scandal after he found out what was actually happening. Its ashame the guy had to take his own life when there are people above him who probably are more responcible.

 

[manny78]

good news .........