10 January 2002

Enron executives who dumped stock were heavy donors to Bush

Courtesy of the Center for Public Integrity:
Twenty-four top executives and board members at Enron Corp. contributed nearly $800,000 to national political parties, President Bush, members of Congress, and others overseeing investigations of the company for possible securities fraud, according to a Center for Public Integrity investigation. In addition, Enron made $1.9 million in soft money contributions during the same 1999-2001 period.

The Center examined contributions from 29 top Enron executives and directors named in a shareholders' lawsuit filed against the company last month. Only five of those named in the suit did not make a contribution. The suit alleges that the 29 executives and directors sold $1.1 billion worth of stock while knowing the company was in danger of collapse.