Question about Howard Hughes and Enron

thorswitch

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Feb 7, 2008
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Hi! I'm new here, and this is my first post, so please bear with me, and if I do anything wrong or if it might be better to do something a different way, please let me know!

I've been trying to figure something out, but am not having much luck. I did try to search this site to make sure the topic hadn't been brought up before, but had no luck with that, so if this *is* a duplicate question/topic, just point me in the right direction :)

I'll lay out for you what I've been trying to figure out and what info I have and then at the bottom will be my specific question.

Thanks for your time and patience!

Kriselda

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I was doing some research - or, rather, trying to - on Howard Hughes a bit ago, and I found several references to his company, "Hughes Tool Company," which claimed that it had gone on to become Enron. The problem is, the only place I've seen these references are on sites I generally consider rather questionable (for example, AFPN or Indymedia.)

I was checking Wikipedia which, while not being the best resource to take at face value, does at least usually have info that often can be corroborated elsewhere, so I tend to use it as a starting point and try to verify from there. The comment they have, though, about the fate of Hughes Tool Company isn't - to me anyway - terribly clear. Here's what they have to say about it:

In 1972, Howard Hughes sold the Hughes Tool Company. This became the "new" Hughes Tool Company while the remaining divisions of the business were placed in a new holding company, the Summa Corporation. The company merged with Baker International to form Baker Hughes Incorporated in 1987.
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From that quote, I'm unsure *which* company merged with Baker International. Summa Corporation was eventually renamed "The Howard Hughes Corporation" and several parts of it were sold off, but I don't see any indication any of those parts wound up as Enron, either.

So here's my question: While I know conspiracy theorists often just make stuff up, usually there's at least at *thread* of something that they can cite as "proof" of their claim, unless, of course, that's what the conspiracy is hiding. In this case, several sites I consider "conspiracy theorist sites" have this bit of information, but I can't find anything - on them or elsewhere - to support the claim that Hughes Tool somehow wound up as Enron. I'm assuming that the claim isn't true, but if it's not, does anyone know where the claim came from or what - if anything - is used to back this assertion?

Thanks Again!!
 
I just skimmed the relevant chapter on Enron's formation in "Power Failure" (the book co-written by Sherron Watkins, the Enron whistleblower) and there's no mention of Hughes Tool. In fact, there's no mention of Howard Hughes or Hughes Tool anywhere in the book.
 
....which claimed that it had gone on to become Enron.
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I think the first step is to try and peg this claim. Who made it, etc.

Also did some searching for any links, and cannot find the corellation. In fact, the two companies seem to have had a pretty well documented seperate development path.

I suspect that the only link between Enron and Howard Hughes is that they both has tons of money, which, as we all know, is the root of all evil and conspiracies.
 
jhunter1163 said:
I just skimmed the relevant chapter on Enron's formation in "Power Failure" (the book co-written by Sherron Watkins, the Enron whistleblower) and there's no mention of Hughes Tool. In fact, there's no mention of Howard Hughes or Hughes Tool anywhere in the book.
Click to expand...

Well, what more proof of a coverup do you want than that?
 
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