Army Secretary Thomas White's Stock Sales and Enron Contacts

>>> From "Statement On Questioning Of Army Secretary White" by Senator Barabara Boxer (D - California), 16 July 2002:

I have a chart showing Secretary White's Enron stock sales and the phone calls and meetings he had during the period of time that he unloaded 405,710 shares to the tune of $12.1 million. The chart shows a total of 74 phone conversations and 7 meetings with Enron associates.

Amazingly, six of White's seven meetings with Enron associates occurred after we were attacked on September 11th. Remarkably, 54 calls were made after Secretary White became the Pentagon's Homeland Security Director. 50 calls were made after our military was placed in harms way in Afghanistan.

Now, I think it's fair to say that after 9/11, the leader of the Army, the Secretary of the Army, is one of the most important people at the Pentagon – perhaps in our nation. And add to that Pentagon Homeland Security Coordinator.

I want to say that these calls and meetings should have taken place with those responsible for protecting America's military abroad and lives at home.

I find it remarkable that Secretary White would have had even a moment to spare to chat with his former associates. What do you suppose they spent all that time talking about? From the looks of this chart it's pretty obvious. Martha Stewart made a few phone calls about a stock and it set off a Congressional investigation in the House.

Her phone calls pale in comparison to the Secretary of the Army. If on Thursday, Secretary White does not respond to these matters, I believe that it is in the best interest of the nation that he resign.

 

[read the full press release]

 

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