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NewsJune 23, 2002

More than half of Americans, 57 percent, say they think it is at least somewhat likely that an act of terrorism will occur in the United States on the Fourth of July, a new poll indicates. Of that total, the number who felt it was very likely was 13 percent, while 38 percent thought an attack on the holiday is not likely...

More than half of Americans, 57 percent, say they think it is at least somewhat likely that an act of terrorism will occur in the United States on the Fourth of July, a new poll indicates.

Of that total, the number who felt it was very likely was 13 percent, while 38 percent thought an attack on the holiday is not likely.

The CNN-Time poll, released Friday, also suggested that nearly half, 47 percent, think the United States faces a high risk of a terrorist attack.

A CBS News poll also out Friday indicated two-thirds think the Department of Homeland Security will help in the fight against terrorism. But half said they thought it was announced two weeks ago to overshadow congressional hearings on intelligence failures before terrorist attacks last September.

The CNN-Time poll of 1,003 adults was taken Wednesday and Thursday, and the CBS News poll of 892 adults was taken Tuesday through Thursday. Both had error margins of plus or minus 3 percentage points.

Storms cut power, close roads in Midwest states

WAUTOMA, Wis. -- Heavy downpours flooded roads, damaged a bridge and forced the evacuation of a trailer park in central Wisconsin on Saturday, officials said.

The National Weather Service reported 6 to 9 inches fell in some areas from storms that began Friday and intensified overnight.

"Some of my neighbors are coming in via canoe," said Shelly Wisecarver, owner of Charlies Emporium and Cafe in Wautoma.

A continued chance of showers and thunderstorms was forecast for the central and northern portions of the state through the weekend.

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The same storm system also hit parts of Michigan on Saturday, hampering cleanup efforts from earlier storms. About 9,000 Consumers Energy Co. lost power statewide on Friday and about 1,150 remained without service Saturday, spokeswoman Leslie Roth said.

"We had a lot of the storm damage cleaned up, but another storm came through the Saginaw area this morning," she said.

Report: Enron hid profits during energy crisis

NEW YORK -- Houston-based Enron Corp. used undisclosed reserves to keep up to $1.5 billion in trading profits off its books during the California energy crisis, The New York Times reported.

The reserves, which would have doubled the company's reported profits, were hidden in late 2000 and early 2001, as energy prices soared in California, the newspaper reported in a story published today.

The Times quoted six former managers and executives who handled or reviewed the accounts and who spoke on condition of anonymity.

The former executives said Enron manipulated the reserves to help it report steady profit growth to Wall Street and credit rating agencies.

Spokeswomen for top Enron executives, including longtime chairman Kenneth L. Lay and Jeffrey K. Skilling, the company's president and later chief executive, said last week that they were aware of the reserves but considered them proper.

aside mainly in credit reserves to insulate Enron from the risk that California utilities could go bankrupt.

--From wire reports

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