EDITOR’S NOTE: This article describes the connections between the Corporate and Government Criminals of the Bush Cabal. Thomas White practiced accounting fraud at Enron and now he's in the big leagues at the Pentagon, which "loses" trillions of dollars a year. How's that for failing upward?
Originally published by Salon.com, this article about Enron insider and US Army Secretary Thomas E. White was subsequently used by New York Times columnist Paul Krugman as the basis for his column on September 17th “Cronies in Arms.” Krugman reused the information and described White as an “evildoer”. And then came the backlash -- and the censorship. Salon.com removed the story citing "flaws." Paul Krugman too has published a partial retraction at the end of his column of Oct 4th. In the interest of freedom of information, the original article is reproduced below in full.
Tom White played key role in covering up Enron losses
As Enron neared the end, the Army secretary used highly dubious accounting methods to inflate its revenue.