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To: Toddsterpatriot
The CFMA exempted an energy commodities exchange from regulation that Enron used. The lack of regulation was part of Enron cooking the books.

Also, I have no idea why you keep bringing up Glass Steagal, since I never mentioned it and I already said it was not the issue with Enron.

66 posted on 10/24/2009 11:44:51 AM PDT by dirtboy
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To: dirtboy
The CFMA exempted an energy commodities exchange from regulation that Enron used.

The CFMA didn't make cooking your books legal.

Also, I have no idea why you keep bringing up Glass Steagal

Usually when people whine about Phil Gramm, they're complaining about the repeal of Glass-Steagall and how that's to blame for our current situation.

67 posted on 10/24/2009 11:52:23 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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