Sen. Arlen Specter wants to ease the guidelines that helped nail Enron and Arthur Anderson.

Yeah, because federal prosecutors were so mean to those iniators of the California blackouts. When you think about it, America would be so much better if Enron never collapsed. We would feel better about ourselves as a nation, strengthened by common myths. — BEN POPKEN

Senator Calls for an Easing of Corporate-Wrongdoing Rules [NYT]