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# Guest commentary: Enron's collapse was about losses, not greed
- URL: https://www.smdp.com/070706-story/
- Published: 2006-07-07T15:00:00.000Z
- Updated: 2026-10-23T18:45:51.000Z
- Author: Guest Author
- Tags: Opinion, Santa Monica, #archive-import

*By Daily Press staff*

REI plans to turn over an $8,000 check to a coalition dedicated to bicyclists in Los Angeles County. In May, during the grand opening of the REI in Santa Monica, the Los Angeles County Bicycle Coalition had a bike valet outside the store. The bike valet gave customers a safe way for them to park their bikes, while at the same time allowed them to have $5 donated to the Los Angeles County Bicycle Coalition on behalf of their name. At the end of the weekend, the total number of bikes parked was tallied up and so was the amount of money REI was going to present to the coalition. The check will be delivered on Monday.

*Originally published in the Santa Monica Daily Press print edition on July 7, 2006.* [Read the original PDF.](https://s3.us-east-1.amazonaws.com/smdp%5Fbackissues/070706.pdf?ref=smdp.com)