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  Tuesday  January 22  2002    05: 35 PM

Enron

Crime in the Suites
by William Greider

The collapse of Enron has swiftly morphed into a go-to-jail financial scandal, laden with the heavy breathing of political fixers, but Enron makes visible a more profound scandal--the failure of market orthodoxy itself. Enron, accompanied by a supporting cast from banking, accounting and Washington politics, is a virtual piņata of corrupt practices and betrayed obligations to investors, taxpayers and voters. But these matters ought not to surprise anyone, because they have been familiar, recurring outrages during the recent reign of high-flying Wall Street. This time, the distinctive scale may make it harder to brush them aside. "There are many more Enrons out there," a well-placed Washington lawyer confided. He knows because he has represented a couple of them.
(...)

The fallacies of our era are on the table now, visible for all to see, but the follies are unlikely to be challenged promptly--not without great political agitation. The other obvious deformity exposed by Enron is the insidious corruption of democracy by political money. The routine buying of politicians, federal regulators and laws does not constitute a go-to- jail scandal since it all appears to be legal. But we do have a strong new brief for enacting campaign finance reform that is real. The market ideology has produced the best government that money can buy. The looting is unlikely to end so long as democracy is for sale.
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Reaching Out: The First Lady's Message to Victims of the Enron Collapse

Gals, wondering what to do with your worthless Enron stock certificates? Decoupage! That's right, Decoupage - the French art of dressing up surfaces with attractive scrap paper!

It seems like a whole mess of folks out there are sitting on Enron Stock Certificates, wondering what to do with them. Well, as your First Lady and Chairlady of the Washington chapter of Bringing Integrity To Christian Homemakers, I feel as if it is my responsibility to reach out to you all and help.
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