Purpose of Enron bonuses at issue:Suits claim plot for 'favored few'

[Nottingham]

Purpose of Enron bonuses at issue
Suits claim plot for 'favored few'
By ERIC BERGER
Copyright 2003 Houston Chronicle
RESOURCES

Enron did not pay $105 million in bonuses on the eve of its bankruptcy to retain workers, as it has claimed, but to let a select few cash in before a court padlocked the till, according to lawyers suing for the return of the money.

This 11th-hour effort was given a typically Enronian name: Project 911.

It's unclear whether this was an allusion to an imminent emergency or gallows humor that Enron's two towers would soon come crashing down as the World Trade Center had two months earlier.

Whatever the meaning of 911, lawyers representing about 4,000 employees fired days after the bonuses were paid are suing to recover most of the bonus money.

more...
http://www.chron.com/cs/CDA/ssistory.mpl/front/2007258


Did someone at Enron have sick humor to know to call the Project 911. Two months after the WTC!!!!!!!!!!!! Whoah what a coincidence!
:bounce:

[revcarol]

1. not paying the bonuses would have "been bad for company morale?"

^&*^$^&((&^$#%&*((%$#(*^$ Words fail me.

P. S. you read it wrongly. The WTC attack happened two months before this.

[Nottingham]

2. I know I saw that thanks but after is bad too ! It shows they knew !

It was crashing! And they were running with the money. :bounce:

:bounce:

[goforit]

3. SICK humor indeed!!..These * ass-kissing people have bad reputations.

This is incredible!!!

Great grab Nottingham!!!

Where are these bastards anyway???

Skilling? Lay? and the rest of the PNAC?