Agreed. A friend of mine was hired by those two idiots to set up an entirely new division at Enron, hired him away from the leading company in his field, he sold his (very nice) house, relocated the family and Enron went bust about two weeks after he started. Fortunately, he landed on his feet.

You can be for free-markets or pimp for white collar crooks but not both.

Well, I think the issue is, do you really understand markets or are you just a yelping political ideologue for who "markets" is just a slogan that you whore.

BTW Mark, you may appreciate my little convo at Belgravia Dispatch: http://www.belgraviadispatch.com/2006/05/the_image_of_the_united_states.html

While understandable at some level, I rather wish American conservatives would stop running behind the Left Who Always Hates Us (true enough) defence and grapple with the problem that of late the US has been alienating real friends. My Wal Mart example (although I confess I have never been in one and don't have an opinion really as to substance) re attending to one's reputation is what brought this to mind.

being a former enron employee myself, this is quite pleasing news. my father is especially pleased, considering how much of his retirement he lost. if he cant have his money, at least he can have the satisfaction of knowing someone else is suffering too.

also, it's a damn shame they went under. otherwise, i'd be working in one of the various overseas "emerging energy markets." *sigh* if only it had been real.

There's been a great deal of fallout from the wild-west mentality of the late 90s. Potting Lay and Skilling is fine. (I'm more annoyed at them about SOX than anything else.) But I won't hear a word against Dick Grasso. I'm against criminality but I'm all in favor of flagrant excess.