the Bush administration recruited something like a dozen Enron employees for top-mid level positions so it isn't as if these people were strangers to one another.
However to play devil's advocate, the administration could have bailed Enron out and opted not to do so. Just because members of the current administration were close to the Enron execs didn't mean those execs were above the law.
I think if Enron's failure hadn't been so spectacularly miserable, they would have bailed them out.
Doug
More pure speculation.
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