Copyright by Gavin Giles Benke 2012

Total Page:16

File Type:pdf, Size:1020Kb

Copyright by Gavin Giles Benke 2012 Copyright by Gavin Giles Benke 2012 The Dissertation Committee for Gavin Giles Benke Certifies that this is the approved version of the following dissertation: Electronic Bits and Ten Gallon Hats: Enron, American Culture and the Postindustrial Political Economy Committee: Jeffrey L. Meikle, Co-Supervisor Steven D. Hoelscher, Co-Supervisor Mark C. Smith Brian A. Bremen Erika M. Bsumek Electronic Bits and Ten Gallon Hats: Enron, American Culture and the Postindustrial Political Economy by Gavin Giles Benke, B.A.; M.A. Dissertation Presented to the Faculty of the Graduate School of The University of Texas at Austin in Partial Fulfillment of the Requirements for the Degree of Doctor of Philosophy The University of Texas at Austin May 2012 Dedication In memory of Albert Benke. Acknowledgements Like any large project, this dissertation would not have been completed without the help and input of many people. First, I must thank my wonderful and patient dissertation committee. As co-chair, Jeffrey Meikle was an invaluable resource and encouraging voice throughout the process. He endured countless hours spent listening to me work through some of the thornier problems that appeared while researching and writing. Even before starting the dissertation, his work on industrial design provided an invaluable model for studying the intersections of corporations and cultural production. Steve Hoelscher, my other co-chair, has played a large part in changing the way that I approach scholarship. Along with his graduate seminar on cultural geography and a geography field exam, our many conversations opened up a whole new way of thinking about culture for me. From an early point, when he grabbed a pad of Enron letterhead that he had chanced across and gave it to me, Mark Smith proved to be an enthusiastic and supportive reader. Brian Bremen’s membership on the dissertation committee was essential and his advice and guidance forced me to develop closer and more nuanced interpretations of the many texts that I read for this project. Erika Bsumek’s insights as a historian helped me keep my study grounded in a larger historical context. Beyond my dissertation committee, there are many others at the University of Texas at Austin to whom I owe much. First, Sally Clarke in the Department of History was indispensable in introducing me to business history as a field. Through classes, v reading lists and conversations with her, I gained a larger sense of how to situate this project within that field’s scholarly conversation. In the Department of American Studies, Elizabeth Engelhardt, Nhi Lieu, Shirley Thompson Marshall, Janet Davis, Julia Mickenberg, Randy Lewis, Steven Marshall, and Cary Cardova all contributed to a wonderfully open, friendly and intellectually stimulating environment. Cynthia Frese, Stephanie Kaufman and Valeri Nichols-Keller in the Department of American Studies were unbelievably helpful in both teaching and studying at UT. Ella Schwartz has been both a friend and help throughout the dissertation process. Throughout the past several years, there have been key moments when Ella’s expertise in navigating large bureaucracies saved this project from becoming stalled in its tracks. Beyond Texas, Dr. Mark Rose at Florida Atlantic University has offered a good measure of advice and encouragement from afar. Eric Lott at the University of Virginia also deserves thanks for introducing me to American Studies as a field in the first place. The graduate students in the Department of American Studies are all part of a wonderfully open and supportive community. Though I am grateful to all of them, there are several in particular to whom I owe a particular debt. The great friends in my dissertation writing group, Stephanie Kolberg, Rebecca Onion and Becky D'Orsogna, were thoughtful readers who consistently asked critical questions that forced me to clarify arguments, reword sentences, and look at new sources. There is no doubt my dissertation is far better that it would ever have been without their help and friendship. It was also a privilege to read their own work and I enjoyed numerous evenings discussing all of our dissertations over dinner and wine at Mandola's. Since 2006, my incoming cohort, Irene vi Garza, Marsha Abraham, Dave Croke, Andi Gustavson, Eric Covey, and Josh Holland, have all become good friends. Likewise, Andrew Busch, Andrew Jones, Katie Feo Kelly, and Tracy Wuster have become good friends. My time in Austin would have been far less enjoyable without them. I am also grateful to Regan Boxwell. Though our time together has come to an end, she was a supportive and sympathetic ear throughout much of the research and the writing for the dissertation. One of my oldest friends, Stephen Hoban, has always been a great conversationalist and I have always left our talks mulling over some point he had made – even when the conversation turned to my dissertation. My family has always been supportive of my decision to enter graduate school and have supported and encouraged my every step since then. At critical moments throughout my time at UT, my parents, George and Deborah Benke, offered the sort of advice that can only come from somebody’s father and mother. My brothers, Erik and Brendan, as well as their wives, Terrell and Sunny, have all been enthusiastic supporters while I was researching and writing for this project. Finally, I must again thank Stephanie Kolberg, not only for her invaluable feedback on the dissertation, but for all times when neither one of our dissertations ever comes up. It seems odd that I can write hundreds of pages for this dissertation but stumble over expressing how much she means to me. Words simply fail. vii Electronic Bits and Ten Gallon Hats: Enron, American Culture and the Postindustrial Political Economy Gavin Giles Benke, Ph.D. The University of Texas at Austin, 2012 Supervisosr: Jeffrey Meikle, Steven Hoelscher This dissertation uses the Enron Corporation as a case study to examine the ways in which large-scale corporations become cultural actors in pursuit of establishing favorable regulatory environments, and how Enron's collapse in 2001 allowed United States citizens to protest and express anxiety over a national and international economic shift towards postindustrialism that began in the early 1970s. Through a consideration of materials such as marketing literature, correspondence between Enron executives and state and federal government officials, and the entire run of Enron Business, the employee magazine, as well as popular cultural texts, including, newspaper and magazine articles, as well as film and book-length narrative accounts of the company, this study contributes to an understanding of the cultural work that must be performed in order to establish and maintain political economic systems, as well as the ways in which cultural production is used to make sense of economic change. viii In many ways, Enron manifested a number of prominent political economic changes during the late twentieth century that have been identified by scholars such as David Harvey and Frederic Jameson. From the 1980s onward, the company increasing eschewed large-scale industrial operations in favor of information-based businesses that mirrored industries such as finance. Enron’s concomitant rhetorical shift to an emphasis on information technologies worked to mask and render culturally palatable the spatial, economic and political implications of this change. Because Enron was a company that engaged in cultural production, and because its transformation from a pipeline operator to a derivatives trading house was so dramatic, the company became an ideal site for Americans to express cultural anxieties about the move away from Fordist, material production and towards an emphasis on working with complicated pieces of information. However, despite the company's symbolic value, no coherent criticism of the economic features Enron embodied emerged in the public outcry, suggesting that the cultural materials needed to advance a sustained critique of late capitalism had not yet developed. ix Table of Contents Introduction..............................................................................................................1 American Studies and Business History.........................................................4 Background on Enron .....................................................................................8 Definition of Terms.......................................................................................15 The Corporation as Cultural Actant..............................................................19 Chapter Outline.............................................................................................21 Chapter One: "This is Not a Simple Concept to Get Across" - The Move Towards Immateriality in Enron's Rhetoric and Practice ............................................26 Pipelines and Hardhats..................................................................................28 Environmentalism and the Material World...................................................30 Banking Culture Comes to Enron.................................................................41 Change in Language and Focus ....................................................................49 Symbolic Analysts ........................................................................................56 The New Economy, Culture and the Celebration of Instability....................62 Derivatives and the Abstraction of
Recommended publications
  • I the Sacred Act of Reading: Spirituality, Performance, And
    The Sacred Act of Reading: Spirituality, Performance, and Power in Afro-Diasporic Literature By Anne Margaret Castro Dissertation Submitted to the Faculty of the Graduate School of Vanderbilt University in partial fulfillment of the requirements for the degree of DOCTOR OF PHILOSOPHY in English August, 2016 Nashville, Tennessee Approved: Vera Kutzinski, Ph.D. Ifeoma Nwankwo, Ph.D. Hortense Spillers, Ph.D. Marzia Milazzo, Ph.D. Victor Anderson, Ph.D. i Copyright © 2016 by Anne Margaret Castro All Rights Reserved To Annette, who taught me the steps. iii ACKNOWLEDGEMENTS I am deeply grateful for the generous mentoring I have received throughout my graduate career from my committee chairs, Vera Kutzinski and Ifeoma Nwankwo. Your support and attention to this project’s development has meant the world to me. My scholarship has been enriched by the support and insight of my committee members: Hortense Spillers, Marzia Milazzo, and Victor Anderson. I would also like to express my thanks to Kathryn Schwarz and Katie Crawford, who always treated my work as valuable. This dissertation is a testament to the encouragement and feedback I received from my colleagues in the Vanderbilt English department. Thanks to Vera Kutzinski’s generosity of time and energy, I have had the pleasure of growing through sustained scholarly engagement with Tatiana McInnis, Lucy Mensah, RJ Boutelle, Marzia Milazzo and Aubrey Porterfield. I am thankful to Ifeoma Nwankwo’s work with the Drake Fellowship, which gave me the opportunity to conduct oral history interviews with Dr. Erna Brodber and Petal Samuel, in Woodside, Jamaica. My experiences in Jamaica deeply affected the way I approach my scholarship.
    [Show full text]
  • United States Court of Appeals for the DISTRICT of COLUMBIA CIRCUIT
    United States Court of Appeals FOR THE DISTRICT OF COLUMBIA CIRCUIT Argued October 7, 2016 Decided December 27, 2016 No. 15-7121 ENRON NIGERIA POWER HOLDING, LTD., APPELLEE v. FEDERAL REPUBLIC OF NIGERIA, APPELLANT Appeal from the United States District Court for the District of Columbia (No. 1:13-cv-01106) David Elesinmogun argued the cause and filed the briefs for appellant. Kenneth R. Barrett argued the cause and filed the briefs for appellee. Before: ROGERS, TATEL and GRIFFITH, Circuit Judges. Opinion for the Court filed by Circuit Judge ROGERS. ROGERS, Circuit Judge: In 1999, the Republic of Nigeria entered into a power purchase agreement (“PPA”) with Enron Nigeria Power Holding, Ltd. (“ENPH”), for construction of 2 electrical facilities. Days later, Nigeria suspended implementation of the PPA, and after years of attempted renegotiation over one phase of construction proved fruitless, ENPH filed under the PPA for arbitration by the International Chamber of Commerce’s International Court of Arbitration (“ICC”). The ICC issued an Award in ENPH’s favor. When collection efforts failed, ENPH filed a petition for confirmation and enforcement of the Award in the federal district court here. Nigeria now appeals from the order granting enforcement of the Award. Invoking Article V(2)(b) of The Convention on the Recognition and Enforcement of Foreign Arbitral Awards (known as the “New York Convention”), 21 U.S.T. 2517, Nigeria contends that enforcement of the Award violates the public policy of the United States not to reward a party for fraudulent and criminal conduct. It maintains that ENPH and Enron International Corporation (“Enron”) are alter egos, and, alternatively, that ENPH made false and fraudulent representations about Enron to induce Nigeria to enter the PPA.
    [Show full text]
  • Fourth Amendment Motion to Suppress
    NO. 10-20132 In the In the United States Court of Appeals for the Fifth Circuit __________________________________ UNITED STATES OF AMERICA , Plaintiff–Appellee , v. WASHINGTON MONTANYA Defendant–Appellant . ____________________________________ On Appeal from the United States District Court for the Southern District of Texas, Houston Division No. 4:09-CR-368(2), Hon. Sim Lake, Judge Presiding ___________________________________________________ BRIEF OF APPELLANT WASHINGTON MONTANYA ___________________________________________________ Seth H. Kretzer LAW OFFICES OF SETH KRETZER Galleria Tower II 5051 Westheimer, Suite 1850 Houston, Texas 77056 [Tel.] (713) 775-3050 [Fax.] (713) 625-0329 COURT -APPOINTED ATTORNEY FOR APPELLANT WASHINGTON MONTANYA CERTIFICATE OF INTERESTED PARTIES NO. 10-20132 UNITED STATES OF AMERICA , Plaintiff–Appellee , v. WASHINGTON MONTANYA Defendant–Appellant . The undersigned counsel of record certifies the following listed persons have an interest in the outcome of this case. These representations are made in order that the judges of this court may evaluate their possible recusal or disqualification. 1. United States of America – Appellee. It is represented in the Fifth Circuit by: James Lee Turner Jose´ Moreno Assistant United States Attorney United States Attorney Chief, Appellate Division P.O. Box 61129 P.O. Box 61129 Houston, Texas 77208 Houston, Texas 77208 The United States was represented in the district-court proceedings by: Robert Johnson Assistant U.S. Attorney 919 Milam Street Houston, TX 77002 i 2. Washington Montanya – Appellant. Montanya is represented in the Fifth Circuit by: Seth H. Kretzer LAW OFFICES OF SETH KRETZER 5051 Westheimer Suite 1850 Houston, Texas 77056 Additional counsel who represented Montanya in the district court proceedings are: Gilbert Villarreal ATTORNEY AT LAW 1419 Franklin; Suite 5 Houston, TX 77002 3.
    [Show full text]
  • Enron's Pawns
    Enron’s Pawns How Public Institutions Bankrolled Enron’s Globalization Game byJim Vallette and Daphne Wysham Sustainable Energy and Economy Network Institute for Policy Studies March 22, 2002 About SEEN The Sustainable Energy and Economy Network, a project of the Institute for Policy Studies (Washington, DC), works in partnership with citizens groups nationally and globally on environment, human rights and development issues with a particular focus on energy, climate change, environmental justice, and economic issues, particularly as these play out in North/South relations. SEEN views these issues as inextricably linked to global security, and therefore applies a human security paradigm as a framework for guiding its work. The reliance of rich countries on fossil fuels fosters a climate of insecurity, and a rationale for large military budgets in the North. In the South, it often fosters or nurtures autocratic or dictatorial regimes and corruption, while exacerbating poverty and destroying subsistence cultures and sustainable livelihoods. A continued rapid consumption of fossil fuels also ensures catastrophic environmental consequences: Climate change is a serious, emerging threat to the stability of the planet's ecosystems, and a particular hazard to the world's poorest peo- ple. The threat of climate change also brings more urgency to the need to reorient energy-related investments, using them to provide abundant, clean, safe energy for human needs and sustainable livelihoods. SEEN views energy not as an issue that can be examined in isolation, but rather as a vital resource embedded in a development strategy that must simultaneously address other fundamentals, such as education, health care, public par- ticipation in decision-making, and economic opportunities for the poorest.
    [Show full text]
  • Ethnic Hegemonies in American History
    ETHNIC HEGEMONIES IN AMERICAN HISTORY GEORGE HOCKING ______________________ POLITICAL PHILOSOPHY AND HUMAN GENETIC DIVERSITY Western Political philosophy tends toward moral and political uni- versalism: the idea that norms are valid for all human beings. This presupposes either that human beings are biologically pretty much the same, or that human biodiversity is irrelevant to moral and politi- cal issues. Nevertheless, Western political philosophers initially lim- ited their conclusions to ethnically homogeneous regions they knew and understood. Plato’s Republic, for example, portrays an ideal soci- ety for Greeks, not barbarians, and even well past the Enlightenment John Stuart Mill explicitly excluded many non-Europeans from his conclusions in On Liberty.1 Plato and Mill were prescient to do so. Few pre-modern people could travel widely. Consequently most people they knew were much like themselves. But during the Age of Discovery, which started at the end of the fifteenth century, European voyages throughout the world encountered the full richness of Earth’s botanical, zoological, and an- thropological diversity, and efforts to understand it contributed to the seventeenth century’s Scientific Revolution. By 1735, in the Enlightenment’s full flower, Sweden’s Carl Linnaeus developed the system still used to classify Earth’s biodiversity. He ob- served significant morphological differences between the human popu- lations of the different continents, which led him classify these groups as distinct species.2 Such human populations are now called races. The great controversy of our time rages between those who ac- knowledge or deny the existence of distinct races. The race deniers are motivated by the conflict between human biodiversity and philoso- phical or religious forms of universalism.
    [Show full text]
  • A Case of Corporate Deceit: the Enron Way / 18 (7) 3-38
    NEGOTIUM Revista Científica Electrónica Ciencias Gerenciales / Scientific e-journal of Management Science PPX 200502ZU1950/ ISSN 1856-1810 / By Fundación Unamuno / Venezuela / REDALYC, LATINDEX, CLASE, REVENCIT, IN-COM UAB, SERBILUZ / IBT-CCG UNAM, DIALNET, DOAJ, www.jinfo.lub.lu.se Yokohama National University Library / www.scu.edu.au / Google Scholar www.blackboard.ccn.ac.uk / www.rzblx1.uni-regensburg.de / www.bib.umontreal.ca / [+++] Cita / Citation: Amol Gore, Guruprasad Murthy (2011) A CASE OF CORPORATE DECEIT: THE ENRON WAY /www.revistanegotium.org.ve 18 (7) 3-38 A CASE OF CORPORATE DECEIT: THE ENRON WAY EL CASO ENRON. Amol Gore (1) and Guruprasad Murthy (2) VN BRIMS Institute of Research and Management Studies, India Abstract This case documents the evolution of ‘fraud culture’ at Enron Corporation and vividly explicates the downfall of this giant organization that has become a synonym for corporate deceit. The objectives of this case are to illustrate the impact of culture on established, rational management control procedures and emphasize the importance of resolute moral leadership as a crucial qualification for board membership in corporations that shape the society and affect the lives of millions of people. The data collection for this case has included various sources such as key electronic databases as well as secondary data available in the public domain. The case is prepared as an academic or teaching purpose case study that can be utilized to demonstrate the manner in which corruption creeps into an ambitious organization and paralyses the proven management control systems. Since the topic of corporate practices and fraud management is inherently interdisciplinary, the case would benefit candidates of many courses including Operations Management, Strategic Management, Accounting, Business Ethics and Corporate Law.
    [Show full text]
  • Official Versions Vs Facts
    1 This text below is inspired by a translation from a French text that was published on the website of Paul Jorion in late June 2017, ie about only 2 weeks after this website would go live. I answered here a very straight question: “how do you differ from the official version?” And here is my “story”, the only one that have conveyed since 2012. It was then meant to summarize how my website differs from all the reports that the bank and the authorities have made on the “London Whale” case. It was 143 pages long for Paul Jorion. Now it is 29 pages long. What I have added are further details on key topics like ‘profits’, like ‘orders’, like ‘valuation’, like ‘mismarking’…. Needless to say, this account vastly differs from any media reporting although some outlets are closer than others. This text below thus predated by a month or so the decisions of the DOJ as disclosed on July 21st 2017. It may well have been the “recent statements and writings” that would shake the tree. It contradicted ahead of times the WSJ subsequent article of August 3rd 2017. Yet it corroborated the statements of Dimon on August 8th 2017 to some extent and clarified ahead of times the context of the ultimate decision of the SEC in late August 2017. But, back in June 2017, this text was also displaying my ‘story’ as an anchor amid all the changing stories that would have been conveyed since 2012 and onwards… In sharp contrast to what all the authorities and the bank would do between 2012 and 2018, I will deploy only one “story” to tell all along, be that on the public stage or confidentially towards the authorities.
    [Show full text]
  • 2 Bureaucratic Autonomy: Logic, Theory, and Design 18 2.1 Introduction
    Charting a Course to Autonomy: Bureaucratic Politics and the Transformation of Wall Street by Peter Joseph Ryan A dissertation submitted in partial satisfaction of the requirements for the degree of Doctor of Philosophy in Political Science in the GRADUATE DIVISION of the UNIVERSITY OF CALIFORNIA, BERKELEY Committee in charge: Professor Paul Pierson, Chair Professor J. Nicholas Ziegler Professor Neil Fligstein Spring 2013 Charting a Course to Autonomy: Bureaucratic Politics and the Transformation of Wall Street Copyright c 2013 by Peter Joseph Ryan Abstract Charting a Course to Autonomy: Bureaucratic Politics and the Transformation of Wall Street by Peter Joseph Ryan Doctor of Philosophy in Political Science University of California, Berkeley Professor Paul Pierson, Chair Over the past three decades, federal regulators have been at the heart of transformations that have reshaped the financial services industry in the United States and by definition, global markets. It was, for example, the Federal Reserve that initiated and developed risk- based capital standards, rules that are now at the heart of prudential regulation of financial firms across the globe. Federal regulators played a central role in preventing regulation of the emerging ‘over-the-counter’ derivatives market in the late 1980s and early 1990s, actions that later had dramatic consequences during the 2007-2008 financial crisis. The Securities and Exchange Commission took critical decisions regarding the prudential supervision of investment banks, decisions that greatly contributed to the end of the independent invest- ment banking industry in the United States in 2008. Finally regulators played an important role in setting the agenda and shaping the outcomes of the Dodd-Frank Wall Street Reform Act of 2010, the most sweeping and comprehensive piece of legislation affecting the industry since the New Deal.
    [Show full text]
  • Coleman-Coding-Freedom.Pdf
    Coding Freedom !" Coding Freedom THE ETHICS AND AESTHETICS OF HACKING !" E. GABRIELLA COLEMAN PRINCETON UNIVERSITY PRESS PRINCETON AND OXFORD Copyright © 2013 by Princeton University Press Creative Commons Attribution- NonCommercial- NoDerivs CC BY- NC- ND Requests for permission to modify material from this work should be sent to Permissions, Princeton University Press Published by Princeton University Press, 41 William Street, Princeton, New Jersey 08540 In the United Kingdom: Princeton University Press, 6 Oxford Street, Woodstock, Oxfordshire OX20 1TW press.princeton.edu All Rights Reserved At the time of writing of this book, the references to Internet Web sites (URLs) were accurate. Neither the author nor Princeton University Press is responsible for URLs that may have expired or changed since the manuscript was prepared. Library of Congress Cataloging-in-Publication Data Coleman, E. Gabriella, 1973– Coding freedom : the ethics and aesthetics of hacking / E. Gabriella Coleman. p. cm. Includes bibliographical references and index. ISBN 978-0-691-14460-3 (hbk. : alk. paper)—ISBN 978-0-691-14461-0 (pbk. : alk. paper) 1. Computer hackers. 2. Computer programmers. 3. Computer programming—Moral and ethical aspects. 4. Computer programming—Social aspects. 5. Intellectual freedom. I. Title. HD8039.D37C65 2012 174’.90051--dc23 2012031422 British Library Cataloging- in- Publication Data is available This book has been composed in Sabon Printed on acid- free paper. ∞ Printed in the United States of America 1 3 5 7 9 10 8 6 4 2 This book is distributed in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE !" We must be free not because we claim freedom, but because we practice it.
    [Show full text]
  • Conspiracy of Fools”
    Submitted version of review published in GARP Risk Review Review of “Conspiracy of Fools” Joe Pimbley Kurt Eichenwald’s Conspiracy of Fools (Broadway Books, 2005) is a spellbinding account of the rise and fall of Enron. In nearly 700 pages the reader finds answers to “what happened?” and “how did it happen?” Based on retrospective interviews with more than a hundred primary and secondary actors in this drama, the author creates multiple, parallel story lines. He jumps back and forth between these sub-plots in a manner that maintains energy and gives the reader many natural stopping points. The great strengths of Conspiracy are that it’s thorough, extremely well- written, captivating, and, finally, it rings true. The author avoids the easy, simple conclusions that all the executives are “guilty” of crimes or plain greed and that the media-lionized whistle-blower is pure of heart. We see the ultimate outcome as personal tragedies for Jeff Skilling (President) and Ken Lay (CEO) even though they are undeniably culpable. Culpability and guilt are not synonymous, however, and different readers will have widely different judgments to render on these two men. The view of Andrew Fastow is not so murky. He and a handful of his associates did indeed lie, cheat, and steal for personal gain. Fastow’s principle “contribution” to Enron was the creation of structured finance transactions to skirt accounting rules. This one-sentence description doesn’t tell the reader much. Eichenwald gives many examples to flesh out the concept. The story of “Alpine Investors” provides the simplest case. The company wished to sell the Zond Corporation, a wind-farm operator, prior to the closing of Enron’s purchase of Portland General.
    [Show full text]
  • EN RON CORP. NOTICE of ANNUAL MEETING of SHAREHOLDERS May 2, 2000
    EN RON CORP. NOTICE OF ANNUAL MEETING OF SHAREHOLDERS May 2, 2000 To THE S I-I AREHOLDERS: Notice is hereby given that the annual meeting of shareholders of Enton Corp. ("Enron") will be held in the LaSalle Ballroom of the Doubletree Hotel at Allen Center, 400 Dallas Street, Houston, Texas. at 10:00 a.m. Houston time on Tuesday, May 2, 2000, for the following purposes: I. To elect eighteen directors of Enron to hold office until the next annual meeting of shareholders and until their respective successors are duly elected and qualified; 2. To ratify the Board of Directors' appointment of Arthur Andersen LLP, independent public accountants, as Enton's auditors for the year ending December 31, 2000; 3. To consider a shareholder proposal from Brent Blackwelder, President, Friends of the Earth Action; 4. To consider a shareholder proposal from Dr. Julia M. Wershing; and 5. To transact such other business as may properly be brought before the meeting or any adjoumment(s) thereof. Holders of record of Enron Common Stock and Cumulative Second Preferred Convertible Stock at the close of business on March 3. 2000. will be entitled to notice of and to vote at the meeting or any adjoumment(s) thereof. Shareholders who do not expect to attend the meeting are requested to sign and return the enclosed proxy, for which a postage·paid, return envelope is enclosed. The proxy must be signed and returned in order to be counted. By Order of the Board of Directors, REBECCA C. CARTER Senior Vice President, Board Communications and Secretary Houston.
    [Show full text]
  • Final Report State of the Bay: a Characterization of the Galveston
    Final Report State of the Bay: A Characterization of the Galveston Bay Ecosystem, Third Edition Submitted for completion of Contract #: 582-8-84951 Submitted By: Lisa A. Gonzalez, PI Geotechnology Research Institute (GTRI) Houston Advanced Research Center (HARC) 4800 Research Forest Drive, The Woodlands, Texas 77381 Prepared For: Texas Commission on Environmental Quality Galveston Bay Estuary Program 17041 El Camino Real, Suite. 210, Houston, Texas 77058 Submitted To: Kelly Holligan Director, Water Quality Planning Division and Project Representative Texas Commission on Environmental Quality P.O. Box 13087, Austin, TX 78711-3087 January 2012 Prepared in Cooperation with the Texas Commission on Environmental Quality and U.S. Environmental Protection Agency. The preparation of this report was financed through grants from the U.S. Environmental Protection Agency through the Texas Commission on Environmental Quality Table of Contents Introduction ................................................................................................................................................................3 Galveston Bay Status and Trends Project ...............................................................................................................3 State of the Bay, 3rd Edition ...................................................................................................................................4 Galveston Bay Ecosystem Services Workshop .......................................................................................................5
    [Show full text]