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The Enron-Bush Connection
by Uri Dowbenko
Enron's Pug Winokur, Shadow Government Insider
On the Enron corporate website, one of the Board of
Directors, Herbert S. "Pug" Winokur, Jr., is described
as Chairman and CEO of Capricorn Holdings, Inc., and
Former Senior Executive Vice President, Penn Central
As the Insiders' Insider, "Pug" Winokur has been
such a permanent fixture in the Washington Old Boy
Network that he's even mentioned in a 1978 book by
Daniel Guttman called "The Shadow Government."
Historically Winokur's Capricorn Holdings was used
as an investment vehicle in NHP, an apartment
management firm headed by Roderick Heller III.
In turn, NHP's assets included oft-purloined and
defaulted HUD Section 8 subsidy housing, a notorious
and well-known vehicle for fraud and money laundering.
Winokur was also on the Board of Directors of
Harvard Endowment Fund, which purchased 50 percent of
NHP, making the prestigious Harvard a prototypical,
but very low-profile, slum landlord. (See Bushwhacked:
HUD Fraud, Spooks and the Slumlords of Harvard"
It should also be noted that George Bush Jr.
attended Harvard Business School. Later, after Bush
joined Harken Energy Corp and became a director, the
largest stock position and seat on the board was
acquired by Harvard Management Co.
Ironically, from 1988 to 1997, Winokur was also the
Chairman and CEO of DynCorp, one of the government's
largest contractors in data acquisition and
Since DynCorp had a contract from the Department of
Justice, Winokur would have profited from the DoJ
Asset Seizure Program, as well as HUD's Operation Safe
Home seizures which targeted low-income tenants and
mortgage holders in the inner cities.
In addition DynCorp is one of the lead contractors
for the new phony War on Drugs in South America called
"Plan Colombia," another tax-payer supported scam to
bring monies into DynCorp's coffers.
Now there's a guy who understands that the only way
to do a deal is to get it rigged from the very
© 2001, Uri Dowbenko. All rights reserved.