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Byline: Allan Sloan (With Carol Rust in Houston, Keith Naughton, Jennifer Ordonez and Judy Ganeles)
Enron was the company that was going to change the world. And now, by God, it has--but not in the way that it had in mind. Once, Enron was the quintessential New Economy company, seeming to churn out ever-growing profits from mundane businesses like natural-gas pipelines and water and electric-generating plants as ephemeral dot-coms crashed and burned. Enron was going to replace sclerotic government regulation with Adam Smith's invisible (and efficient) hand of the free market. Everyone was going to save money, and Enron's shareholders would get rich.
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