Enron: The Consequence of Corporate Governance?

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The investigation of the largest bankruptcy in American history is gathering steam. Some experts are accusing Enron executives of manipulating their books to keep stock prices high, allowing them to cash in while but screwing investors and employees when the stock prices collapsed. Several members of the Bush Administration have close ties to Enron, leading some to question whether the government could have intervened earlier to protect investors. The relationship between corporations and government has been a contentious issue in American politics since the days of Teddy Roosevelt. This hour: do corporations have too much influence on national politics?


Jonathan Alter, Senior Editor at Newsweek Magazine;
Kurt Eichenwald, New York Times reporter

This program aired on January 14, 2002.


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