What $6 Million Can Buy

For argument's sake, let's concede the point that everyone in the White House has been at such pains to make: No one in the Bush Administration lifted a finger to save Enron from collapse. But that doesn't mean the $6 million in campaign contributions the company and its executives gave to politicians over the past 12 years should be written off as a bad investment. For most of that time, Enron's Washington friends did pretty much whatever the company wanted.

What Enron wanted most was to be left alone, free of both regulation and scrutiny as it transformed itself from a...

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