http://phx.corporate-ir.net/phoenix.zhtml?c=124294&p=ir... General Information: 713/497-7000
Stephanie Slavin
Director, Investor Relations and Communications
Phone: 713/497-6983
sslavin@reliant.com
Dennis Barber
Director, Investor Relations
Phone: 713/497-3042
dbarber@reliant.com
_____________________
HERE'S THE STORY FROM THE NYT:
A legal defense fund established by Tom DeLay, the House majority leader, has dramatically expanded its fund-raising effort in recent months, taking in more than $250,000 since the indictment last fall of two his closest political operatives in Texas, according to Mr. DeLay's latest financial disclosure statements.
The list of recent donors includes dozens of Mr. DeLay's House Republican colleagues, including two lawmakers who were placed on the House ethics committee this year, and several of the nation's largest corporations and their executives.
Among the corporate donors to the defense fund is Bacardi U.S.A., the Florida-based rum maker, which has also been indicted in the Texas investigation, and Reliant Energy, another major contributor to a Texas political action committee formed by Mr. DeLay that is the focus of the criminal inquiry. Groups seeking an overhaul of Congressional ethics rules have long complained that companies might seek the favor of powerful lawmakers by contributing to their legal defense funds.
...
A spokesman for Mr. DeLay, Dan Allen, said there was no conflict of interest for the majority leader in accepting donations for his legal fees from large companies or from House colleagues. The contributions, Mr. Allen said, "were an acknowledgement that Congressman DeLay is a fixture within the conservative movement and has been a very effective leader, which makes him an inviting target for liberals and Democrat."
http://nytimes.com/2005/03/13/politics/13delay.html?pag...