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Enron Mail |
< -----Original Message----- < From: Kevin Smith < Sent: Tuesday, November 13, 2001 12:55 PM < To: Pete Wise; Thomas Padron < Subject: Jesse Jackson Says Rainbow/PUSH Coalition Wants Role in < Enron-Dynegy Deal < < Have you seen this... < November 13, 2001 09:52 Jesse Jackson Says Rainbow/PUSH Coalition Wants < Role in Enron-Dynegy Deal By Nelson Antosh, Houston Chronicle Nov. < 13--Activist Jesse Jackson says the Rainbow/PUSH Coalition intends to be a < part of the regulatory process leading to the closing of the Enron-Dynegy < deal. The organization, which he founded, owns Enron stock and shares in < several other large Houston-based energy firms. "Dynegy needs our < participation to get approval," Jackson said Monday. The organization's < interest in the acquisition of Enron by Dynegy is in assuring minority < inclusion in any possible spinoffs, employment, contract commitments and < EEOC rulings. Jackson is here for the first annual energy summit < conducted by the Houston bureau of the Rainbow/PUSH Coalition Wall Street < Project. The summit continues today in the Hyatt Regency downtown. Those < companies played a role in this conference that suggests they are in touch < with Jackson already. On Monday he praised Enron head Ken Lay's integrity < although the Enron executive is on the other end of the political < spectrum. Lay and Dynegy's chief executive officer, Chuck Watson, would < have been at the group's energy summit if it weren't for the announcement < last week that turned everything topsy-turvy, Jackson said. The coalition < opened its Houston bureau in May on Smith Street so it can do research, go < to annual meetings and distribute information, Jackson said. Protests and < boycotts are not part of the plan, said William-Paul Thomas, the bureau < chief here. The Rainbow/PUSH Coalition, which Jackson heads, has taken an < interest in energy and Houston in particular, as demonstrated by his < appearance at the Offshore Technology Conference here early this year. < Blacks and Hispanics have been locked out of employment, upper-level < management and contracts, Jackson said. Jackson lamented the lack of < emphasis on energy security now that the nation's attention has turned to < terrorists and anthrax. He also took the opportunity, in an interview, to < criticize President Bush's plans for stimulating the economy from the top < down, with a tax plan that will benefit large corporations to the tune of < billions of dollars. "It must be bottom up," Jackson said. One-third of < Rainbow/PUSH Coalition's idea for economic stimulation is travel vouchers, < worth $1,000 each and good for up to six months. This would help < employment in the hard-hit travel and vacation industries during the < holiday season, he said. ----- To see more of the Houston Chronicle, or < to subscribe to the newspaper, go to <http://www.chron.com<; < *************************************************************** Confidentiality note: This e-mail contains information from the GFI Group Inc. and/or its affiliates, including GFInet inc., that is confidential and/or legally privileged. This information is intended only for the use of the individual or entity named on this e-mail. This e-mail and its content may not be reproduced or retransmitted without the express written permission of The GFI Group. ***************************************************************
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