January 23, 2002
5:07 PM Subscribe
The most sensible take I've seen on Enron and Bush. Once all the fuss has died down—Congress is currently planning ten separate inquiries—two good things will probably have come out of the Enron mess. Companies will no longer be allowed to use their pension programs to treat their employees as an especially loyal and malleable class of shareholder; instead, pension funds will have to be diversified. And accounting firms will no longer be allowed to act as paid consultants to the companies they audit, as Arthur Andersen did with Enron. New Yorker link, no registration required.
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