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White Quits as U.S. Army Secretary
WASHINGTON --
The civilian who oversees the U.S. Army, Thomas
White, has submitted his resignation, the Defense Department
said on Friday, after controversy over his role in the failed energy
trader Enron Corp. and support for an artillery system killed by
Defense Secretary Donald Rumsfeld, Reuters reported.
The Defense Department, in a two-paragraph statement,
gave no reason for the resignation, and the effective date of White's
resignation had not been determined, the Pentagon said.
Before President Bush named him as the 18th Army
secretary in May 2001, White worked for 11 years for Houston-based
Enron, which filed one of the biggest bankruptcies in U.S. history
in December 2001.
His most recent corporate job was vice chairman
of Enron Energy Services, which allegedly traded millions of megawatts
of electricity with other Enron divisions, artificially jacking
up prices.
White failed
to divest himself of Enron shares as quickly as he promised the
Senate during his confirmation hearings. As a result the Senate
Armed Services Committee publicly rebuked him.
-- NYSSCPA.org
News Staff
Posted on
04/28/03
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