face." 
Further the two parties involved Enron and the government should deal with 
the issue in forthright manner. 
AT Kearney had reported early February that India was one of the four hot 
destinations for FDI among the emerging nations, others being China, Brazil 
and Mexico. Laudicina felt that the turn of events in the country since then 
would not have negatively impacted the countrys attractiveness to the foreign 
investors. 
Foreign investors, he felt, were looking for large market size and potential 
when making an investment decisions. Other important factors were consistency 
of reforms process, infrastructure and availability of skilled and talented 
labour. 
He added that the government should realise that the FDI environment had 
become more competitive since the setting in of global slowdown and investors 
were increasinglyvote before the full 
Senate takes it up. 
The Senate recessed early Sunday for summer break and won't return until Aug. 
20, delaying any action until then. 
If the Senate approves the report and finds Enron in contempt,it would be the 
first such move since 1929. The Senate could impose sanctions, but here are 
no set penalties. 
The last time the Senate imposed contempt sanctions was 72 years ago, when it 
briefly jailed balky witnesses during a committee's investigation of price 
fixing and price gouging allegations involving the sale of cement to the 
state. 
The state Supreme Court eventually upheld the Senate's right to jail those 
who fail to comply with its subpoenas, but determined senators hadn't 
followed all the proper procedures in the cement sale investigation.

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