yes, though I actually do think it is about as ideal as it can get. The reason Enron didn't change the discussion about privatization into how to undo it is that the US wants privatization to remain legitimate so it can force it on other nations via the IMF and extract wealth like a bad pay day loan company. Companies being afraid to deal with privatization, courts destroying companies for doing it wrong, etc are all gettig the precedent necessary give developing nations options to protect themselves from exploitation that largely originates from California.
