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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: sylvester80 who wrote (21296)1/11/2002 11:30:00 PM
From: KyrosL  Read Replies (2) of 99280
 
So far all indications are that the millions of campaign contributions did not buy Enron anything. All officials and supposed friends did not lift a finger to help, perhaps EXACTLY because of the contributions -- to avoid the appearance of impropriety.

It would be ironic if it turns out that a little help by the authorities would have saved Enron and its thousands of employees without hurting the taxpayers.

I find the Enron situation similar to Loral whose chairman and CEO is a heavy Democratic contributor, and which suffered heavily from official sanctions under Clinton. Bush lifted those sanctions recently with what amounted to a wrist slap.

So, in conclusion, perhaps the system is working after all.
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