From Enron to Solyndra | Power Line: "One of our more constructive critical commenters posed a challenge on my short Solyndra post on Tuesday, namely, did you folks get this worked up about Enron’s collapse?
Short answer: Yes we did. Longer answer: Starting before it collapsed in fact, and for much the same reason—its seduction into the politicized world of crony capitalism. Enron’s collapse bears some striking similarities to Solyndra, namely, a business model that increasingly depended on government support for profitability. When that government support didn’t come in time, Enron’s house-of-cards collapsed.
Here’s the salient point: like Solyndra, Enron was a favorite of environmentalists, and Enron was a huge backer of the Kyoto Protocol."
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