I saw this week that President Bush is `outraged' by the Enron scandal, and I know I should be too, but there's a lot I still don't get. For starters, what kind of company is Enron, exactly?

Enron is a new-economy company, a thinking-outside-the-box, paradigm-shifting, market-making company. In fact, it ranked as the most innovative company in America four years in a row, as judged by envious corporate peers in the annual Fortune magazine poll. It is also, at this point in time, a bankrupt company.

I meant, what does Enron do?