IPPs and Merchant Energy Co.s Message Board

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Strategies & Market Trends : IPPs and Merchant Energy Co.s

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To: tom pope who wrote (2877)	9/30/2003 10:00:06 PM
From: Oeconomicus	of 3358

Mirant says settles manipulation case with FERC Tuesday September 30, 5:50 pm ET By Chris Baltimore WASHINGTON, Sept 30 (Reuters) - Bankrupt energy trader Mirant Corp. said (Other OTC:MIRKQ.PK - News) on Tuesday it reached a deal with Federal Energy Regulatory Commission staff to pay $332,411 to settle charges it violated trading rules during California's 2000-01 energy crisis. The deal would have to be approved by the three-member commission and a bankruptcy court before being finalized, Mirant said. The firm did not admit to guilt as part of the settlement. biz.yahoo.com

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