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Because the sad fact is that the Enron Corporation and others manipulated with unfortunately great effect the energy market in the West Coast starting in 2000.

But the most important thing is, Enron did not cause the California crisis.

Before Enron, I think people were a bit more naive about the way things worked, and I think Enron pulled the curtain back on unsavoury practices that turned out to be a lot more widespread.

During the Enron debacle, it was workers who took the pounding, not bankers. Not only did Enron employees lose their jobs, many lost their retirement savings. That's because they were at the bottom of the investing food chain.

What Enron was doing, what caused investors to embrace it in a rapture of baffled awe, was hiding debt.

Ken Lay has, does and will continue to accept responsibility for the fall of Enron. He was the man at the controls. But failure is not a crime.

People are treating the Stewart case as seriously as Enron when it's really over trivia.

Boone Pickens should be commended for his leadership on American energy security, and for bringing Ted Turner along on some sensible approaches to enhancing it.

In the case of Enron, we balance our positions all the time.