Message-ID: <32996360.1075861854373.JavaMail.evans@thyme> Date: Tue, 13 Nov 2001 09:58:10 -0800 (PST) From: thomas.padron@gfinet.com To: larry.may@enron.com Subject: FW: Jesse Jackson Says Rainbow/PUSH Coalition Wants Role in Enron -Dynegy Deal Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Thomas Padron @ENRON X-To: May, Larry X-cc: X-bcc: X-Folder: \LMAY2 (Non-Privileged)\May, Larry\Inbox X-Origin: May-L X-FileName: LMAY2 (Non-Privileged).pst > -----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 > *************************************************************** 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. ***************************************************************