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To: The Wizard
The media will soon discover that Enron has the same curse as the S&L fiasco and the true financial crimes of Whitewater, it's incredibly boring.

What kept Whitewater going was not the money, it was the coverup. The scrutiny of Whitewater in Little Rock turned up a lot of the other clinton sleeze.

10 posted on 01/13/2002 4:58:52 AM PST by TC Rider
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To: TC Rider
This "scandal" will die a quick death for three reasons.

1. Both sides took lots-o-cash from Enron. Too much real digging would let the crazy Aunt out of the basement for a lot of Senators and Congress folk.
2. Clinton. Their fingers are still healing from paper cuts they suffered counting the cash they took. Lay could fry Clinton in a nano-second for the "favors" Enron got and Bill/Hillary knows it. They are probably more pissed about the media firestorm than we are. A couple of McAuliffe phone calls will squelch this pretty quickly.
3. Polls. Once the rabid medialites figure out that this assault has backfired, and would ultimately hurt their poster boy, they will conveniently switch gears to some other "breaking" story.

I imagine there are a lot of squirming Congressmen huddled together right now trying to pee on a forest fire. Mallox is the soup du jour for them. This isn't the 70's when the big three could conspiratorially dictate what was the important news. 24 hour Cable and the internet have relegated those outfits to has-beens; only they haven't figured it out yet.

Lay, while apparently greedy and self-serving, is not a dummy....and he understands Washington. He spread the bucks around efficiently on both sides. He has enough markers out to thump a house of cards. He knows it, they know it and somebody will soon be whispering this reality to the press. All indications are that the Bush folks laughed in Lay's face when he came calling. Clinton couldn't get his pants up fast enough to assist Lay when he knocked. This Bush scandal will resemble a Roman candle; exciting anticipation, a little smoke, pretty colors, a loud boom and then ....nothing. Enron and Lay will be in the news for months, but when the press realizes their gaffe, they will leave Congressmen, and (gnashing of teeth) Bush out of this. Crickets....

12 posted on 01/13/2002 5:08:18 AM PST by Benjamin Dover
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To: TC Rider
The media will soon discover that Enron has the same curse as the S&L fiasco and the true financial crimes of Whitewater, it's incredibly boring.

Agreed. Personally, I can't see what all the buzz is about. It appears to me that some insider trading took place at the upper levels and some employees got screwed at the lower levels. Business as usual--what's new here?

14 posted on 01/13/2002 5:13:12 AM PST by randog
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