Gero (bless his heart) was doing his usual link roundup and I found this article among his links:
Included is this one:
I haven't read them yet, but it seems like we could use these are references when defending claims that in the free market Enrons would rule.
I'd also like to remind people that Woods in Meltdown defends shorting by pointing out that it is what helped bring down Enron.
Enron's could not even rule a regulated market where competition can bet held back by prepurchased government force. How in the world could an Enron rule when competitors could enter and leave at will into every business Enron had.
Furthermore, Enron's profits came from two sources: 1. Moving Natural Gas and 2. Making profitable deals with government. Neither of these seems to me to allow Enron to rule.