It was the sale of the board of director votes of Arthur and Robert Belfer that allowed the rise to power of Ken Lay directly responsible for the loss of $68 BILLION of shareholder & employee funds at ENRON. To cover up the PREKNOWLEDGE of the seizure of Belco Petroleum assets in Peru & the subsequent sale of those assets at a huge premium to ENRON's predecessor Internorth Corp that allowed the Belfer boys huge windfall profits & continued protection from exposure and prosecution for fraud.
It was the sale of the board of director votes of Arthur and Robert Belfer that allowed the rise to power of Ken Lay directly responsible for the loss of $68 BILLION of shareholder & employee funds at ENRON. To cover up the PREKNOWLEDGE of the seizure of Belco Petroleum assets in Peru & the subsequent sale of those assets at a huge premium to ENRON's predecessor Internorth Corp that allowed the Belfer boys huge windfall profits & continued protection from exposure and prosecution for fraud.
exenrontexas 2 years ago