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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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DOE Announces New "American Nuclear Supply Chain Loans" to Accelerate Deployment of Large-scale Reactors

LCG, June 23, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) announced today that it issued a conditional loan commitment to finance the purchase of long-lead time items needed to rebuild America’s commercial nuclear supply chain. In addition, Westinghouse Electric Company announced today its intention to partner with the EDF on the new loans.

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Industry News

Watkins Says Enron Partnerships Common Knowledge

LCG, Feb. 15, 2002--Partnerships approved by senior executives at Enron were kept in place by intimidation and deception, company executive Sherron Watkins testified at a hearing of a House Energy investigations subcommittee.

In a meeting with chairman Ken Lay in August, Watkins brought up her concerns that losses were being improperly hidden through outside partnerships that were financed using Enron's own stock. Lay, Watkins thought, "didn't understand the gravity of the situation." In talking to other employees, Watkins found that the partnerships were considered to lack a solid foundation, but criticism of their risks met with intimidation from chief executive Jeffrey Skilling and chief financial officer Andrew Fastow. She further testified that Skiling, who claimed ignorance of any accounting misdeeds in testimony last week, "did dupe Ken Lay and the board," and that she would be incredulous if Skilling were not aware of Fastow's practices.

Watkins' meeting with Lay took place, Watkins said, when she learned that Fastow might be chosen to replace Skilling as chief executive after Skilling's sudden resignation. Fastow had alllegedly demanded that she be fired after he learned of her meeting with Lay.

According to Bruce Hiler, Mr. Skilling's lawyer, "everything she said about my client is based either on hearsay, rumor or opinion." Accountant Arthur Andersen's spokesman Patrick Dorton said that Watkins, who worked at Arthur Andersen earlier in her career, "was not in a position to form judgments" concerning Andersen's professional advice to Enron.
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