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Enron Mail |
As I mentioned earlier to Mark, Jeff Girth of the NYT again today contacted=
Lee Sachs about Enron. You recall Lee was Asst Secretary of Treasury for = Financial Markets during the Clinton Administration. From his conversation= , Lee reports the following items were raised by Girth: a) the state of en= ergy trading products and investment climate; b) Enron's role in this mark= et; c) whether and how financial energy products drive pricing and supply o= f physical energy products (Lee told him emphatically no); and, c) whether = government regulators understand these issues. Lee said this is clearly an= Enron specific story. Lee thinks Girth came away from the conversation wi= th more of a right perspective (namely that these are important markets and= that we play a vital role). Lee said that Girth was less focussed on pass= age of the CEA and the politics than Girth had been in an earlier conversat= ion; almost all of today's conversation was forward looking. Girth told L= ee that he had not told Lee "all" that is behind this story, but did say th= at there is an interesting twist (Lee thinks Girth perhaps something specif= ic either on a document front or source). Lee gave Girth a list of expert= s to talk to who are unbiased but clearly right thinking on the subject. L= ee suggested that Girth to: Pat Parkinson at the Fed (the godfather of the= "hands off" regulatory perspective for the OTC market), Bill Rainer, and E= d Rosen (a prominent attorney in NY). Lee expects Girth to keep calling hi= m.
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