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Non-Tech : The Enron Scandal - Unmoderated

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To: D.Austin who wrote (2080)5/18/2002 10:05:47 PM
From: James Calladine  Read Replies (2) of 3602
 
What kind of a pinhead is this Christopher Westley that he can make the statement, which infers that the Enron
debacle was "fueled by government intervention, not by market forces" ?

Would it not be more accurate to suggest it was fueled by
LACK of government intervention + fraudulent activities on
Enron's part?

Amazing what people can come up with to justify the
promulgation of their biased points of view!

I would next expect him to argue that the REAL cause of all this is in the lap of the CUSTOMERS of Enron who made the error of dealing with an unprincipled company, thus causing
huge losses to the investing public!

Namaste!

Jim
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