Collapsed Business Venture or Insider Scandal? Message Board

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Pastimes : Collapsed Business Venture or Insider Scandal?

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To: Rich Genik who started this subject	2/7/2002 12:57:51 PM
From: Rich Genik	Read Replies (1) of 4

Follow the Money. Enron gave to a multitude of political organizations and persons. Is this defensible? I say yes. Enron was the seventh largest corporation in the country at one point, so one should expect that it was prudent to pay tributes to those running the show. In addition, their trading business would benefit from deregulation and to accomplish that, they were required to lobby for reform. A lone company can be expected to have influence on legislators representing districts where it employs people. Also, it can (and should) help out those representatives or candidates it feels would further the deregulation process, appropriately hedged with support of the likely winner to avoid backlash. In this sense, I do not see anything sinister about the donations made to persons in Washington D.C., or any of the states for that matter. (Other than, of course, my usual mistrust of politicians.) Rich

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