Sunday, 10 February 2002, 2:46 pm
Column: Catherine Austin Fitts
*********
THE HIJACKERS OF HARVARD: A NAME AND ADDRESS
The earth is not dying. It is being killed, and the people killing it have names and addresses. –Utah Phillips
By Catherine Austin Fitts
*********
In Congressional Testimony on February 7, 2002, Herbert S. (“Pug”) Winokur, Chairman of the Enron Finance Committee, gave an opening statement that he had been “misled” by Enron management, Enron’s auditor Arthur Andersen and Enron’s counsel Vinson & Elkins.
Every trucker and teacher in my West Tennessee home of Hickory Valley knows that Mr. Winokur’s whining is yah-yah.
We are paying $150,000 a year to our Congressman and two Senators to help Mr. Winokur and his pals steal from us. Congress is stalling for time. While Mr. Winokur and his pals dish out “yah-yah” their colleagues shred documents, transfer assets and stolen cash gets tucked away.
As an Assistant Secretary in the first Bush Administration, I cleaned up the Iran Contra financial fraud known as the S&L crisis and the HUD scandal. That was another very expensive stink engineered between Houston and Wall Street banks, just like Enron.
Later as the head of my own private investment bank, I helped clean up the BCCI stealing. With many years experience dealing with high stakes stealing, rest assured you can trust your intuition — Congress and the Department of Justice has taken the art of cover up and providing air cover to white collar criminals to new heights of mendacity.
Did your Congressional representatives and Attorney General press for seizures of records and cash for the last few months while the money was getting away? No siree!
While Mr. Winokur was spinning his yah-yah, the Wall Street law firms of Sullivan & Cromwell and Covington & Burling were quietly closing the transfer of the Enron Online trading operation to UBS, one of the largest Swiss banks. While Mr. Winokur’s whining distracted us through C-SPAN, Wall Street got safely away with the family jewels and dirty laundry.
Not a word did we hear on Thursday about getting back cash or holding up any transfers to a Swiss bank until we are sure we have the investigatory control necessary to protect our interests.
Everyone here in Tennessee knows the expression “Possession is 99% of the law.” The real deal is that the Swiss now have possession.
Us folks here in West Tennessee are busy. As I drive all over the country, folks say the same thing wherever I go. We are pressed for time. Somebody has to do the real work while our leaders are preoccupied with stealing our money and keeping us in the dark.
We have more important things to do then to spend hours listening to yah-yah constructed by a team of fancy lawyers whose core competency is lying for money. To buy groceries and health care insurance we need cash. That takes a lot of time if you do it with honest work.
To help my fellow citizens hold Mr. Winokur and our representatives accountable, I drafted a list of follow up questions for Mr. Winokur. I have sent them to him at his last posted e-mail address.
As I finished the questions an e-mail came in from the Chief Information Officer of the Securities & Exchange Commission (SEC) regarding a prior inquiry I made regarding DynCorp’s management of sensitive information systems at the SEC.
Winokur’s firm is the lead investor in DynCorp and he is on the DynCorp board. Mr. Winokur’s involvement in DynCorp as well as his leadership of the largest private endowment investors in the country, the Harvard Endowment, are integral to his role in the Enron affair and his ability to ensure that no Congressman dare cross him and his pals.
For a copy of the SEC’s letter to me, my response to the SEC see… Sludge Report #123 – You Can’t Touch Pug Winokur
My prayer is that these materials will be useful to exercising your responsibility as a citizen, or as a shareholder or constituent in any of the organisations and companies in which Mr. Winokur has power and influence to manage resources on your behalf.
Now it’s your turn. Do your duty.
Catherine Austin Fitts Solari Hickory Valley, Tennessee February 9, 2002
catherine@solari.com
http://www.solari.com
**********
HERBERT S. (PUG) WINOKUR, CHAIRMAN OF ENRON FINANCE & DYNCORP COMPENSATION COMMITTEES & MEMBER, HARVARD CORPORATION AND HARVARD MANAGEMENT
Chairman
Capricorn Holdings
30 East Elm Street
Greenwich, Connecticut 06830 http://www.capricornholdings.com
