[snopercod]

Kind of odd to apply the energy de-regulation argument to fraudulant financial book-keeping, just because a company that did so was in the energy business.

Excellent point. My first impression when reading this article was that the "spin" would be that the "energy pirates" were finally going to share a cell with "Spike".

My apologies to everyone. I posted the thread just as I had to leave for work, and just now got home.

[Ernest_at_the_Beach]

Excellent post.

CNBC has been busy all day discussing Enron's swoon and
what it means and will it really happen (seems certain).

And what role Arthur Anderssen had in the cooking of the books, etc!

[Dog Gone]

There are uninformed, yet highly opinionated, folks who think that Enron's demise had something to do with California's power problems.

They couldn't be more wrong, and this should be a flag to others that their opinions are mere wishful thinking.