Right on, Frank Rich

All the President's Enrons The sight of a corporate crook being led away in handcuffs, Giuliani-style, would do far more to restore confidence in Wall Street than any more presidential blather. Mr. Bush says that only "a few bad actors" are at fault. Why is the administration so lax about bringing them to justice?

That may have something to do with who those "few bad actors" are. Speaking on ABC's "This Week," Richard Grasso, chairman of the New York Stock Exchange, tossed out a range of 1 to 15 as the rough count of corporate culprits, "in comparison to more than 10,000 publicly traded corporations." The fact remains that so far at least five members of that theoretically tiny club have direct ties to the Bush administration: Enron, Halliburton, Andersen, KMPG and Merrill Lynch — the last three all former clients of the president's choice as Wall Street's top cop, the S.E.C. chairman Harvey Pitt. Five for 15: Mr. Bush could have used a batting average that high when he ran the Texas Rangers.