Goodlatte and the so-called ‘Enron Loophole’

Brent Finnegan -- June 23rd, 2008

Just because the “Enron Loophole” has been closed doesn’t mean it’s out of the news (as evidenced by Keith Olbermann’s recent story on it). AFP blogger Chris Graham “found some ties [between Rep. Bob Goodlatte’s contributors, and the lobbyists that fought to keep the loophole open] that might be of interest to voters in the Sixth District.”

Among Goodlatte’s financial contributors are UBS and NYMEX, both of which lobbied to keep “exempt commercial markets” safe from government oversight.

Despite these ties, Goodlatte ultimately supported the controversial 2008 Farm Bill, which included an amendment to close the loophole.

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