Purpose of Enron bonuses at issue
Suits claim plot for 'favored few'
By ERIC BERGER
Copyright 2003 Houston Chronicle
RESOURCES
Enron did not pay $105 million in bonuses on the eve of its bankruptcy to retain workers, as it has claimed, but to let a select few cash in before a court padlocked the till, according to lawyers suing for the return of the money.
This 11th-hour effort was given a typically Enronian name: Project 911.
It's unclear whether this was an allusion to an imminent emergency or gallows humor that Enron's two towers would soon come crashing down as the World Trade Center had two months earlier.
Whatever the meaning of 911, lawyers representing about 4,000 employees fired days after the bonuses were paid are suing to recover most of the bonus money.
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http://www.chron.com/cs/CDA/ssistory.mpl/front/2007258Did someone at Enron have sick humor to know to call the Project 911. Two months after the WTC!!!!!!!!!!!! Whoah what a coincidence!
:bounce: