[Toddsterpatriot]

If Phil Gramm had not done Enron’s biddding in the first place by getting new commodities exchanges exempted from regulation, the Enron scandal would never have happened in the first place.

The Enron scandal was not due to unregulated exchanges or derivatives. The Enron scandal was lying to fraudulently boost their earnings. Keeping the Glass-Steagall Act intact would have done nothing to stop Enron's fraud.

[dirtboy]

Glass-Steagal was not the act in question that made Enron possible. It was the Commodities Futures Modernization Act, which exempted new commodities exchanges from regulation. And Enron was a big backer of that law.