Such conflicts are a part and parcel of one's existence, but the conflicts of interest in the financial world have a special and particular lure because of huge financial benefits involved in exploitation thereof.
Enron and Argentina can undoubtedly be looked at from various angles, and only time will clarify the lessons we have learnt from the two cases. One question we can ask today is: do Enron and Argentina indicate that the pendulum may not be very far from swinging back again, between the two extremes of very pervasive public intervention and complete laissez-faire?