We have copiously avoided the Enron trial and verdict up to this point. However we will briefly break from this policy.

Daniel Gross in Slate.com has an excellent article up on the lack of fallout from Enron. Rather than serving as a catalyst for rooting out corporate corruption, "…the accounting games and executive-compensation excess that began in the 1990s are still very much with us."

We mentioned the news yesterday and now Ken Hoover at IBD weighs in on leveraged ETFs.

Eddy Elfenbein at Crossing Wall Street looks at the market's 10-year low in P/E ratios after this most recent decline.

Randall W. Forsyth at Barron's thinks the growth in ETFs have had an important effect on how global markets move.

Going Private reads the KKR Private Equity Investors prospectus so you don't have to.

DealBook notes Jim Cramer stepped out from his CNBC set to give us his take on the role regulations are having on the prospect for trans-Atlantic exchange mergers.

Aaron Pressman at Businessweek.com has some cautionary words for IPO whiners.

CXO Advisory Group looks at the role of calendar effects.

Mark Thoma at Economist's View has some thoughts on "what blogs do."

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