Enron wasn't ever going to set off any alarm bells with the Clinton Administration, ribit ... not with Paul Krugman as a member of the Enron board and his published praise for Enron's free-wheeling entrepreneurial structure, or later on, with Clinton's former Secretary of the Treasury, Robert Rubin, begging the Bush Treasury Department to coerce bond-rating agencies not to downgrade the corporate debt of Enron - something the Bush Treasury Department categorically refused to do.
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