Thu, May 25, 2006 4:29pm ET

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Time reporter Mike Allen: Conviction of "friends of the president" is going to be "very helpful" to Bush

Summary: On Fox News Live, Time magazine White House correspondent Mike Allen declared that the guilty verdicts for former Enron CEOs Kenneth L. Lay and Jeffrey K. Skilling are "going to be very helpful to the president [George W. Bush] because it shows that even friends of the president, even big business, longtime supporters of the president are prosecuted, and there is justice even for big fish."
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