M. Thatcher has a theory that the Clinton economy was propped up by a number of deals like this one, and with the Bush administration's cancellation of contracts and tighter scrutiny, we will see many more bankruptcies.
After all, if Gore had been elected (shudder) do we doubt for a minute that Enron would have benefitted from the implementation of the Kyoto Accord, as well as being propped up by Treasury interference?