Letting the air out of the week
Where to go for constant updates on the travails of former Enron execs and former House majority leaders? The Houston Chronicle, of course, which this morning informs us that Tom DeLay's defense fund is out of cash despite having raised over half a million dollars last year.
Meanwhile the Hou Chron is covering the trial of Lay, Skilling et al. like a rug: mainline reporters, a business reporter on scene at all times, three blogs, and more.
And speaking of frauds and charlatans, on which the people of Houston are experts, the weekly Houston Press looks at the Dallas firm GlobalTec, which sells that stock-picking software you see advertized on infomercials -- the thing with the red and green lights? According to a sidebar, the "founder" of GlobalTec, James Dicks, is a non-entity with a laughable resume.
According to information on his Web sites, Dicks's "last project for a client grossed over $30 million" and he has "created, built and driven super-successful and award-winning national marketing campaigns since 1989."
None of his job history registered with the National Association of Securities Dealers reflects those claims. Nor does his own deposition.
He described his job at Dynetech: "When I left Dynetech, I was a sales trainer...didn't really do anything...It was just a job created for me to -- for nothing. I mean, to help me out. I really didn't do anything. It was a hypothetical position." He says he didn't know who hired him at Dynetech, nor did he know his boss's title.
In the case of DIX Media, Dicks said he was president, but did not know if he was also an owner. Nor did he know if there were any employees aside from him and his uncle. He didn't know how long he worked there or what his next job was.
Hey, maybe he'd like one of those 24-7 bedrest gigs at NASA!
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