But Bosco-
It's not just Harvard alums. I thought the enclosed, snipped from today's WSJ, is a fitting tribute to the integrity of politicians everywhere. The article described Enron's difficulties- and eventual triumph- in building a power plant in India. The BJP party, when it nullified the contract Enron had negotiated with a previous Congress Party state government, claimed that Enron had engaged in bribery to win the contract. But is refreshing for an American to see politicians forthrightly admit, "We lied."
<<How did Enron turn it around? Well, it wasn't a slam dunk. The company had to make
substantial concessions at the bargaining table. But ultimately the big project, known as
Dabhol Power Co., came back from disaster because Enron and nationalist Indian
politicians both learned from their mistakes, and actually came to champion one another.
The very politicians who vowed to "throw Enron into the Arabian Sea" now toast their
partnership with the Texans. As for the corruption charges, the politicians now say they
were just a brass-knuckle bargaining ploy.>>
Larry |
