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Enron citi Original Source Link: (May no longer be active)    http://www.nytimes.com/2002/02/08/business/08NOTE.html?ex=1013835600&en=343783226d016f3a&ei=5006&partner=ALTAVISTA1 http://www.nytimes.com/2002/02/08/business/08NOTE.html?ex=1013835600&en=343783226d016f3a&ei=5006&partner=ALTAVISTA1 http://www.bloomberg.com/marketsmagazine/ft1_0101.html http://biz.yahoo.com/rf/020111/n1171782_2.html Friday January 11, 8:58 pm Eastern Time Citi's Rubin called Treasury on Enron behalf-Tsy (UPDATE: adds Rubin response, background) WASHINGTON, Jan 11 (Reuters) - Citigroup Inc. (NYSE:C - news) executive and ex-Treasury Secretary Robert Rubin called a top Treasury Department official on behalf of troubled Enron Corp. (NYSE:ENE - news) in early November, the Treasury Department said on Friday. The call was the second disclosure by Treasury on Friday of apparent attempts to lobby Treasury Under Secretary for Domestic Finance Peter Fisher on Enron's behalf. Earlier Friday, the Treasury said Enron President Lawrence ``Greg'' Whalley had called Fisher and Fisher ``inferred'' Whalley wanted Fisher to ask banks to extend credit to the now-bankrupt energy-trading behemoth. Treasury spokeswoman Michele Davis told reporters that Rubin had asked Fisher on Nov. 8, ``what he thought of the idea of Fisher placing a call to rating agencies to encourage them to work with Enron's bankers to see if there is an alternative to an immediate downgrade.'' ``Fisher responded that he didn't think it advisable to make such a call. Rubin said he thought that was a reasonable position. Fisher made no such call,'' Davis said. Michael Schlein, a Rubin spokesman, said Davis' version as ``largely accurate.'' He said Rubin began the call by noting ``this may not be a good idea,'' and ended it in agreement with Fisher that it was not a good idea. ``Bob thought an Enron bankruptcy was an event of national importance and ... avoiding it was a good thing,'' Schlein said. Rubin is chairman of the executive committee of financial services giant Citigroup Inc. Citigroup had a financial exposure to Enron but on Nov. 30 ratings agency Moody's Investors Services said the exposure was ``manageable.'' Citigroup and J.P. Morgan Chase & Co. (NYSE:JPM - news) were lead advisors on Houston-based Enron's planned merger with Dynegy Inc. (NYSE:DYN - news), which ended up falling apart. Analysts have estimated that Citigroup had about $800 million of exposure to the failed merger, including about $300 million of unsecured exposure. Rubin served as the 70th Treasury Secretary, holding the post from Jan. 10, 1995, to July 2, 1999. His tenure was widely regarded as a successful one, as he helped preside over the economic boom of the nineties and was an influential shaper of President Clinton's economic policies.

Anderson convicted { June 15 2002 } Bankers charged in enrol scandal { September 18 2003 } Banks enron deals Banks hide loans { July 24 2002 } Bush signs bill to keep california power flowing Chase financied enron borrowed gold Cheney energy { January 27 2002 } Citigroup enron Citigroup skirt rules { July 23 2002 } Clinton ties Enron accounting chief pleads not guilty { January 22 2004 } Enron auditor crime { May 14 2002 } Enron baxter dead { January 26 2002 } Enron california prices { May 7 2002 } Enron california wp { May 7 2002 } Enron ceo ken lay to face criminal charges { July 7 2004 } Enron citi Enron employees discussing state of economy { June 8 2004 } Enron employees joke about stealing from grandma { June 2 2004 } Enron employees praise bush and ken lay { June 1 2004 } Enron fake floor { February 22 2002 } Enron frank wisner cia { October 28 1997 } Enron funds restitution impossible after lays death { October 18 2006 } Enron gouged customers over billion dollars Enron lies Enron linked securities sparked citibank lawsuit Enron must pat california one and half billion { July 16 2005 } Enron policy Enron southamerc { May 6 2002 } Enron taxes Enron timeline { July 8 2004 } Enron traders gloated over rigging market Enron traders joked about theft Enron witness says he plundered reserves Enrons skilling ex ceo surrenders to fbi Ex enron execs arrested { May 2 2003 } Execs arrested { August 1 2002 } Fastow 78 counts Fastow and wife plea bargain Fastow charged { October 3 2002 } First criminal trial involving enron executives Former enron official changes plea to guilty Goa whitehouse Investigate bankers { June 26 2002 } Judge approves lea fastow enron plea deal { January 8 2004 } Ken lay hooks bush with uzbekistan [jpg] Ken lay likely to walk { July 9 2004 } Ken lay major 2000 bush fundraiser { June 26 2004 } Ken lay suddenly dies of heart attack { July 5 2006 } Ken lay victim of wave of terror by prosecutors Kennedy lay and skilling going to trial Kennedy lay surrenders to FBI Lawsuit cheney Lay and skilling convicted securities fraud Lay gone Lay no direct wrongdoings { November 25 2003 } Lieberman enron Merrill reaches deal with enron affair { September 18 2003 } No indication that ken lay suffered bad health { July 5 2006 } Plead guilty { August 21 2002 } Prosecutors seek ken lay indictment { June 20 2004 } Sec wants documents from ken lay { September 29 2003 } Senate deadlline enron Senator tax report disturbing { February 12 2003 } Skilling accusing people being fbi agents Whitehouse enron { May 23 2002 } Whitehouse papers enron Whitehouse subpoenaed { May 22 2002 } Witness says execs heavily involved in enron Files Listed: 69

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