by Linda Minor © 2002THE YELLOW BRICK ROAD: FROM HARVARD TO ENRONThu May 25, 2006 16:23
FOLLOW THE YELLOW BRICK ROAD: FROM HARVARD TO ENRON
by Linda Minor © 2002
Permission to reprint with acknowledgement, granted by author
When Dorothy set out to find her way back to Kansas from Oz, everyone she asked along the way told her, simply, "Follow the yellow brick road. These well-marked bricks will take you to the wizard, and the wizard has the power to get you back home."
Each of us has bricks that we can examine that, when pooled with those of everyone else, will enlarge our understanding of how we arrived where we are in 2002. All that is required is a cursory understanding about how money works in our capitalist system.
This article is intended as an example of how that can be done. Much of the understanding is simply adjusting our perception of what sometimes appears to be complicated, unrelated events in the financial world, keeping in mind some very basic premises. If I put cash into a corporation, it can be in two forms. I can get stock (equity) in that corporation, or I can get the right to be paid back in full at a later date (debt). These are very simplistic financial models available, though there are variations that occur that tend to make the options seem much more complex.
What we want to accomplish is an understanding of who was involved in the creation of Enron, to illuminate the yellow bricks on the path that led to that debacle. The best way to know where to start is to look at what's left of Enron with an understanding of how money works, knowing that it will show us where to start in our examination.
Who is left at Enron?
In the last few months, almost all the directors of Enron have resigned with one very notable exception--Herbert Simon "Pug" Winokur, Jr. A man in the shadows whose name may not have made an impression on most people who read headlines. Why is he still around, and where did he come from? This is a good place to start.
Pug Winokur’s family
Pug was born in 1943 in Columbus, Ga. (where Fort Benning is located), while his father (married to Marjorie Lipman in 1942) was serving in the U.S. Army Air Force, attaining the rank of Major during his 1942-45 enlistment. He was awarded the Order of the Cloud and Banner (China), indicating his involvement in the China Burma India Theatre. The military decoration Major Winokur received was an honor presented from the Chinese government of Chiang Kai-shek, who fled to Taiwan when the Red Chinese took over China. There were more than 30 of these decorations, for example. awarded to the Flying Tigers of Clare Chennault. The American troops in the China-Burma-India Theatre were commanded by General Joseph Stilwell, who was the Deputy Allied Commander under Lord Mountbatten of Great Britain—the last viceroy of the British colonial empire in India, who was then assigned to Burma. There have been numerous books written about the involvement of these groups in opium smuggling. An overview of that information can be found at http://www.drugtext.org/books/McCoy/book/29.htm and at http://www.ruby-sapphire.com/burmese_politics.htm
With this military background, according to information in Who's Who, Pug’s father returned to his interrupted career in consumer finance--first at Federal Loan Co. and also to Rettews Money Loan beginning in 1958, and Executive Consumer Discount in 1967--all in Philadelphia. These work relationships ended in 1974, followed by his short association with George S. May International in Park Ridge, Illinois, the same city, coincidentally, where Hillary Rodham grew up. In 1975 Winokur, Sr. began a management consulting firm in Wayne, Pa.
The family was of the Jewish religion, and Pug’s father was the treasurer of a pawnbrokers’ association and belonged to B’Nai Brith as well as to an association involved with Jewish employment. B’Nai Brith, a Jewish fraternal organization, was the sponsor of the formation of the Anti-Defamation League, the seed money of which was put up by Burton Joseph, whose family was involved with the I.S. Joseph Company in Minnesota. (See http://www.larouchepub.com/other/1995/2249_cartel_companies.html) Burton Joseph was very closely involved with Meshulam Riklis, whose background will be further explored below.
Pug has a sister named Lisbeth Cload married to Nigel Cload, a Mercedes car dealer in Allendale, N.J. Lisbeth is an attorney at McElroy, Deutsch & Mulvaney, LLP in Morristown, New Jersey after spending 11 years at Orbe, Nugent and Darcy. She was a 1969 graduate of Boston University, studied at the University of Lyons (France), and received her law degree from Pace University School of Law in 1986.
First and foremost--a Harvard Man
CLICK FULL REPORT:
Click on each person's name for their individual pages.
FIRSTROW, FROM LEFT, Ken L. Harrison, John A. Urquhart, Robert A. Belfer, Norman P. Blake, Jr., Robert K. Jaedicke, Ronnie C. Chan, Jeffrey K. Skilling, Kenneth L. Lay and Wendy L. Gramm. Second Row, from left, Bruce G. Willison, John H. Duncan, Joe H. Foy, Charls E. Walker, John Wakeham, Jerome J. Meyer, Herbert S. Winokur, Jr. and Charles A LeMaistre.
Not included in photo: Andrew Fastow , Joseph W. Sutton, Jeff McMahon, Lou L. Pai, Kenneth D. Rice, Rebecca Mark-Jusbasche , Mark A. Frevert , Stanley C. Horton, John Clifford Baxter, Joseph M. Hirko, Richard A. Causey, James V. Derrick, Mark E. Koenig, Steven J. Kean, Cindy K. Olson, William C. Powers, Paulo V. Ferraz Pereira,
See Full Report http://www.harvardwatch.org
ENRON-HERBERT "PUG" WINOKUR, JR-DYNCORP-TERRORISTS
Dirty Tricks, Inc.:
The DynCorp-Government Connection
ENRON--ANTHRAX--POSTAL SERVICE--"BIG BROTHER"--LINKAGE or
THE COMING CORPORATE RULE OF AMERICA or
I'M DEAD FOR FOR TELLING YOU THIS
The Harvard-Bush Connection
WHY THE HARVARD CORPORATION PROTECTS THE DRUG TRADE. Part 1
EXCERPT: That research was beginning to illuminate how the drug trade generates profits for Wall Street through the subsidized HUD housing market where Harvard is a heavy investor.
Americans were seen in Bosnia as defenders of the children, as shown
here, until U.S. contractors began buying children as personal sex slaves.
GO HERE FOR FULL STORY:
- ENRON-BUSH-HARVARD-WTC-OIL-CONNECTION GOOGLE: ENRON, Thu May 25 16:06
- The Amazing Rise and Scandalous Fall of Enron Enron: The Smartest Guys in the Room:, Thu May 25 16:30
- THE YELLOW BRICK ROAD: FROM HARVARD TO ENRON by Linda Minor © 2002, Thu May 25 16:23
- PROOF: G.W. BUSH IS AN ACCESSORY TO KEY LAY'S CRIMES SMOKING GUN, Thu May 25 16:57
- ABOUT: The Smoking Gun The Smoking Gun, Thu May 25 22:07
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