[Lee_Atwater]

I found it funny that the financial media attributed the 500 point (I think 6%) uptick in the DOW was due to the Rigas arrests. It was more than likely due to a technical rally and the news that the "Corporate Responsibilty" may not to be a huge regulation bill in the end.

The Kemp article says what I have been thinking--that the bankruptcies were not because of fraud. The fraud was meant to distort the market to fend of bankruptcy.

I saw some of "Donahue" last night. I watched mostly out of morbid curiosity. He was in Houston with a bunch of former Enron employees (some Worldcommers there too) in the audience. He had Nader, Ivins, and some journalist on stage with him. It reminded me of a "Socialist Workers Party" rally. Anyway, these Enron employees, I think, have benefited from the fraud because they were allowed to keep their jobs longer. But they were portrayed as "victims of greed". They were victims of market forces (ex. deflation) and bad management decisions (ex. Enron's broadband business).

[Twodees]

The Kemp article says what I have been thinking--that the bankruptcies were not because of fraud. The fraud was meant to distort the market to fend of bankruptcy.

Give that man a cigar. We have a winner. There's greed allright and it's infectious, but the greed is that of politicans for more tax renenues and more control and they infect the victim classes they create to provide clients for their redistribution programs. The most virulent greed there is exists now among a leisure class who clamor for more entitlements and larger payments for their slothful lifestyles.