Article: Who cleared that Enron exemption? Under Arthur Levitt's direction, the SEC gave Enron exemptions from securities laws, opening the door for business practices that cost many their life's savings. (Investigative Report).(Securities and Exchange Commission, United States)

Former Securities and Exchange Commission (SEC) chairman Arthur Levitt fast is emerging in the national media as the white knight of the Enron Corp. scandal. If only Congress hadn't stopped the proposed "reforms" of Levitt, who was appointed by President Bill Clinton in 1993 and served until early 2001, pundits have been saying, the Enron debacle might have been avoided. Now Levitt is making the rounds of TV talk shows such as ABC's This Week and PBS' Charlie Rose, and media liberals are nodding their heads sagely.

On Jan. 24, the day he was to testify before the Senate Governmental Affairs Committee, a Washington Post editorial praised the Senate for "starting ...

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