Friday :: Feb 4, 2005

Open Thread


by Mary

Further proof that Enron gamed California's energy market before 1998 was released this week.

The Houston company, which made at least $1.6 billion during California's energy crisis, spotted weaknesses in the state's deregulation plan even before it went into effect, officials with the Snohomish County Public Utility District said Thursday.

So why would Enron know about the weaknesses in the state's deregulation plan? Perhaps because they had a hand in writing them.

Use this as a fresh open thread.

Mary :: 7:50 AM :: Comments (1) :: Digg It!