portland independent media center  
images audio video
newswire article

corporate dominance

El Paso Corp exec found dead in apparent suicide

HOUSTON- The treasurer of EL Paso Corp., one of the several energy trading companies facing questions about accounting practices, was found
with a fatal gunshot would to his head in an apparent suicide at his Houston town home, police said Monday.
HOUSTON- The treasurer of EL Paso Corp., one of the several energy trading companies facing questions about accounting practices, was found
with a fatal gunshot would to his head in an apparent suicide at his Houston town home, police said Monday.
There was no immediate indication that the death Sunday of Charles Dana Rice was direcly realated to the company's troubles. according to industry executives, he was known to suffer from some health problems. Still, El Paso stock plummetted as nervous investors dumped sold shares.

Another energy executive, J. Clifford Baxtor, former vice chairman at Enron, shot himself in ihis car not far from his home in a southwest Houston
suburb Jan. 25, after that company, also based in Houston, collapsed in an accounting scandal.

address: address: AP repost