El Paso Exec Commits Suicide
Company Praises Rice
| Video |
Houston police spokesman Joe Laud said Rice was found shot to death at his home at 1 p.m. Sunday. He lived near the intersection of Westheimer and Greenbriar."A man ... died of a self-inflicted gunshot wound," Laud said. Police would not comment if a suicide note was found.Police would not say if anyone else was at home at the time, on the city's southwest side less than 5 miles from Rice's office downtown.Friends and family declined to comment on Rice's death.The Harris County medical examiner's office will conduct an autopsy.Rice underwent major surgery last year, but no one would comment on whether he had a current medical condition that may have led to a suicide.The Houston-based company is the latest energy company to come under fire in the Bayou City.Houston-based El Paso announced last week it would eliminate about 300 jobs within its trading group, cut in half its investment in trading activities to $1 billion and divide the segment into three separate divisions. El Paso also said it would revamp its financial reporting so it is more simple and transparent.Between 110 and 130 of the company's energy trading employees received their pink slips last Wednesday. A total of 600 employees work within El Paso's trading group.Earlier this year, a former Enron Corp. Vice Chairman, J. Clifford Baxter, committed suicide as the scandal surrounding the bankrupt energy company widened.Baxter was discovered dead in a Mercedes-Benz parked on a median not far from his home in the Houston suburb of Sugar Land early Jan. 25. He had been shot in the head. Authorities subsequently ruled the wound was self-inflicted.Baxter resigned from Enron in May 2001, several months before the company collapsed. He later was named in a warning about questionable financial practices that another Enron executive sent in August to then-Enron Chairman and Chief Executive Kenneth Lay.- May 31, 2002: Police Release New Details In Enron Exec's Suicide
- May 29, 2002: El Paso Cuts Energy Trading Staff In Half
- April 23, 2002: Police: Investigation Complete In Enron Exec's Suicide
- April 15, 2002: Restraining Order Stops News Conference
- April 11, 2002: Police Release Enron Exec's Suicide Note
- January 28, 2002: Officers Delay Release Of Suicide Note
- January 25, 2002: Police: Former Enron Executive Commits Suicide
- January 25, 2002: Police: Former Enron Executive Commits Suicide
Copyright 2007 by Click2Houston.com. The Associated Press contributed to this report. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.







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