[berserker]

...the heart of the enron debacle is about hiding debt from shareholders. their tremendous political influence didn't really play a role in their problems ... (post 28)

Wrong, how do you think they were able to excape finfancial disclosure regulations that would have exposed the hidden debt that you mention?

[cake_crumb]

"Wrong, how do you think they were able to excape finfancial disclosure regulations that would have exposed the hidden debt that you mention?"

Easy. It's called "creative accounting" and businesses do that all the time. The banks helped them with that little detail, too.