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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Zoltan! who wrote (232258)	2/28/2002 2:06:32 PM
From: Raymond Duray	Read Replies (2) \| Respond to of 769670

Re: I'm still waiting for Arthur Levitt - SEC head under Clinton - explain how and why his SEC enabled Enron against Congress's will. One of the stories circulating about Levitt is that he was about to impose more control over Enron's ability to morph into a financial scheme, and that five very powerful members of Congress let him know in no uncertain terms in 1998 that his budget at the SEC would be severely chopped should he get in the way of Enron's transition into a shell game via the SPEs and LPs. Levitt backed down on his proposed regulation....