Re: Re: The Enron-Cheney-Taliban Connection? AlterNet

[Eugene Coyle <eugenecoyle@xxxxxxx>]

I continue to have strong disbelief of the Enron and Afghanistan pipeline
story.  The profits from such a pipeline would come from producing and selling
oil, not the investment in the pipeline per se.  And I haven't heard anything
about Enron having a piece of the oil concessions.  Enron, furthermore, has had
for the last two or three years a strategy of not owning hard assets.  They had
been burned on almost all their investments -- water, electric power, etc.
They were divesting and wanted to be a commodity trader, like ADM, rather than
a producer of anything.  Enron did have a finger in a lot of pies and perhaps
it will turn out they had some involvement, but as of now I think not.

Gene Coyle

Charles Jannuzi wrote:

> >     This wouldn't rule out an Enron role in the Oil pipeline, but there
> > were already enough giant companies fighting each other that letting a
> > new boy in doesn't make much sense.
>
> Enron was such a mix of things that I think traditional journalism, however
> earnest, is missing the forest for the trees.
>
> Enron was a publicly traded company but clearly the guys at the top wanted
> to be venture capitalists. If you go into the info. on how they were trying
> to run venture capital funds, I have no doubt that somehow they ended up in
> on the Afghan Caspian pipeline story. For a start, they wanted to be a big
> player in any foreign access given on energy supplies for India and
> Pakistan.
>
> I didn't think there could possibly be a Carlyle Group (the venture capital
> group with apparently the greatest political access because of all the
> players on board) connection to the whole mess (other than the defense
> contractors that CG acts as a holding company for), but when I went into the
> info. on their energy global fund I found that that fund had only invested
> 1/10th of its hundreds of millions. In what? An obscure Norwegian oil
> drilling company with, surprise, surprise, the technology to do deep sea
> drilling from ships in places like the Caspian and a business plan that made
> much of this ability. The things you can find doing searches at Yahoo
> Norway!
>
> Charles Jannuzi