What if DOE is charged with a minimum standard of financial suitability before granting waivers and for some unknown reason they didn't check? Or they checked and were told to ignore the data?
Couple of things. These bureaucrats at the DOE are not financial analysts. They would have deferred "financial stability" to the SEC and to the corporations independent Certified Public Accountants. Said Certified Public Accountants are in a world of hurt as they signed off on the Notes to the Consolidated Financial Statements and then proceeded to destroy documents. This is a story about fraudulent company management and incompetent independent auditors. While a very bad deal, it just doesn't touch the political realm.
Ahh. Finally, the core of every really good conspiracy.
What if Bush replaced all the Clinton DOE appointees with extra-terrestrial clones programmed to comply only with his subconscious thoughts?