first suicide of major Enron figure

John Mage jmage at panix.com
Fri Jan 25 10:26:34 PST 2002


John "Cliff " Baxter. Chairman and CEO of Enron North America prior to being named chief strategy officer for Enron Corp. in June 2000 and vice chairman in October 2000. Resigned in May 2001 after clearing out the last of his stock in the company (other than a few thousand shares) for more than 20 million dollars in January 2001 alone (see below from http://biz.yahoo.com/t/in/e/ene.html). A defendant in the big class action suits, and a major contributor to the Republicans. Probably knew everything about everyone - but someone had something pretty serious on him to keep him from talking - no?

john mage

Insider: BAXTER, JOHN C Updated 18-Dec-01 ... Date Shares Stock Transaction

31-Jan-01 * 16,688 ENE Other Disposition at $80.00/Share 29-Jan-01 12,500 ENE Exercised Options at $47.31/Share and Sold at $80.51/Share. Proceeds of $415,000. 24-Jan-01 17,380 ENE Other Disposition at $79.73/Share 24-Jan-01 17,380 ENE Acquired Shares via Exercise of Options 22-Jan-01 5,996 ENE Acquired 11-Jan-01 36,989 ENE Sold at $69.44/Share. Proceeds of $2,568,516. 2-Jan-01 108,038 ENE Exercised Options at Average of $23.32/Share and Sold at $81.31/Share. Proceeds of $6,265,062. 2-Jan-01 179,095 ENE Proposed Sale (Form 144) of Restricted Shares. Estimated proceeds of $15,155,914.



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