You could read it that way, but whether or not the affair does point to an inherent problem with markets is another matter. Choice and imperfect law creation/enforcement make illegal acts possible; that doesn't mean the underlying arrangement isn't the best available. mbs
Max, I read the big push to define the Enron affair as criminal as an effort to suggest that there is nothing wrong with the functioning of the market, just some bad apples who everybody thought were good apples. Which is not to say that pushing the criminal investigation high into the Bush administration is not a good idea. Gne Coyle
