Enron: legislators, investors weigh effects on market

Sen. Jeff Bingaman (D-NM), Bush administration officials, and chief financial leaders said last week that Enron Corp.'s collapse does not mean competitive energy markets have failed. Lobbyists predict the company's troubles will be a red-hot topic through the spring and could affect the shape and tone of energy reform legislation. Sen. Jeff BingamanClick here to enlarge imageBingaman is chairman of the Energy and Natural Resources Committee, one of eight studying Enron's financial fall and watching its ongoing bankruptcy proceedings. Civil lawsuits are pending, and US officials have a criminal investigation under way as well.Other congressional committees are investigating wh...

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