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Vinson & Elkins
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FINCEN
Administrative Assassin


Joined: 08 Mar 2006
Posts: 1351

PostPosted: Fri Jul 20, 2007 7:42 pm    Post subject: Vinson & Elkins Reply with quote

So just how much of that $30,000 Houston Law firm Vinson & Elkins contributed to the defense fund of Texas Supreme Court Justice Nathan Hecht belonged to Richard Kinder? Kinder a staunch supporter of President Bush and all things Republican recently retained Vinson & Elkins as his companies Washington lobbyist. Definately a wise choice considering the firms ties to the Bush administration. Attorney General Alberto Gonzalez relinquished his partnership stake at Vinson & Elkins to become the nations first hispanic AG.

V&E is also home to attorney Dennis Beck Jr., who worked as a Judicial clerk under Justice Hecht in 1997-98. Attorney Beck has also handled investment case related to Kinder Morgan investments as well as other oil industry players. The Kinder legal play apparently paid dividends in relation to its Cal-Nev pipeline expansion plan. Several members of Congress reportedly supported the companies proposed rate hike needed to finance the $400 million expansion plan. The rate hike is sure to be passed onto consumers from affected companies who will have to pay KinderMogan an increased tariff price to move their oil.

Of those companies which include Exxon Mobil Corp., ConocoPhillips, Valero Energy Corp and BP. Tesoro Corp., has been the most vocal in opposing the rate hike releasing a statement via its legal team stating. "In order to induce it to build that line, Calnex is effectively asking the commission to insulate it from any market risk whatever and, in fact, to shift that risk entirely to its existing captive shippers.

Is this a case of solid business planning or aggressive arm twisting by a politically influential company. Should Kinder be able to hedge his risk in a manner which is sure to lead to higher gas prices for California consumers who are already paying in excess if $3.10 per gallon.
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beemoe
Commission Member


Joined: 07 May 2006
Posts: 845

PostPosted: Wed Aug 01, 2007 2:35 am    Post subject: Enron`s SPV`s.....The Vinson and Elkins Connection Reply with quote

You might want to check this site out Bob Jensen has made a detailled analysis of Enron`s corporate entities.

http://www.trinty.edu/rjensen//theory/OOoverview/speOverview.htm#Introduction
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beemoe
Commission Member


Joined: 07 May 2006
Posts: 845

PostPosted: Wed Aug 01, 2007 2:37 am    Post subject: Reply with quote

The link doesn`t work but do a Google search with Robert Jensen, Enron, SPV`s
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