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stripped him of his power to review

company-wide deals.

“There have been some complaints,

Vince, that you’re not helping people to

do transactions,” the president of Enron

told him, according to Conspiracy of

Fools, a book about the Enron scandal.

“Instead, you’re spending all your time

acting like cops. We don’t need cops,

Vince.”

But they did need them, and still do.

When the credit crisis threatened the

viability of some of Wall Street’s

biggest banks in 2007, Kaminski saw

the same thing happening all over

again. “Let’s just say that all the

demons of Enron have not been exorcised,”

he told the Post in November of

that year. The problem, he explained,

was not only that many had failed to

understand the risks the banks were

taking. It was also that those who did

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