Changes

===Kyoto Protocols and carbon emissions===

===Kyoto Protocols and carbon emissions===

:''Main article:'' [[Enron scandal]]

:''Main article:'' [[Enron scandal]]

In July 1997, Enron CEO Ken Lay met with President Bill Clinton and Vice President [[Al Gore]] in the [[Oval Office]]. Enron had begun a pattern of [[soft money]] donations to Democrats and the Clinton White House years earlier. Clinton, Lay, and Gore discussed approval of the [[Kyoto protocol]]s on carbon emissions.<ref>[http://www.washingtontimes.com/news/2002/jan/16/20020116-034901-2826r/#ixzz2OnPBZwzl Enron gave cash to Democrats, sought pact help,] ''The Washington Times'', January 16, 2002. </ref> Clinton asked Lay for his views "in advance of a climate treaty to be negotiated at an international conference."  Clinton agreed to support Lay's proposal of a carbon emissions trading exchange<ref>As did Barack Obama. [http://www.foxnews.com/politics/2009/03/25/obama-years-ago-helped-fund-carbon-program-pushing-congress/ Obama Years Ago Helped Fund Carbon Program He Is Now Pushing Through Congress,] By Ed Barnes, March 25, 2009. FoxNews.com </ref> which Enron hoped to profit hugely, while American consumers would pay steep price increases for electricity and natural gas.  

In July 1997, Enron CEO Ken Lay met with President Bill Clinton and Vice President [[Al Gore]] in the [[Oval Office]]. Enron had begun a pattern of [[soft money]] donations to Democrats and the Clinton White House years earlier. Clinton, Lay, and Gore discussed approval of the [[Kyoto protocol]]s on carbon emissions.<ref>[http://www.washingtontimes.com/news/2002/jan/16/20020116-034901-2826r/#ixzz2OnPBZwzl Enron gave cash to Democrats, sought pact help,] ''The Washington Times'', January 16, 2002. </ref> Clinton asked Lay for his views "in advance of a climate treaty to be negotiated at an international conference."  Clinton agreed to support Lay's proposal of a carbon emissions trading exchange<ref>As did Barack Obama. [http://www.foxnews.com/politics/2009/03/25/obama-years-ago-helped-fund-carbon-program-pushing-congress/ Obama Years Ago Helped Fund Carbon Program He Is Now Pushing Through Congress,] By Ed Barnes, March 25, 2009. FoxNews.com </ref> which Enron hoped to profit hugely, while American consumers would pay steep price increases for electricity and natural gas. Enron also asked for and received from Clinton's Export-Import Bank a $300 million loan to build a power plant in India, which critics also describe as [[crony capitalism]].

The Republican Senate rejected the Kyoto treaty by a 95-to-0 vote on August 15, 1997.

The Republican Senate rejected the Kyoto treaty by a 95-to-0 vote on August 15, 1997.

===Long-Term Capital Management===

===Long-Term Capital Management===