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Politics : Politics for Pros- moderated

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To: Mary Cluney who wrote (54101)7/16/2004 4:20:42 AM
From: DavesM   of 793868
 
So according to Krugman, if the Treasury Department had bailed out Enron - as per former Secretary of the Treasury, Rubin's call to the Bush Administration's Treasury Department, "we might still have only circumstantial evidence that energy companies artificially drove up prices during California's electricity crisis"?

We wouldn't "have the direct evidence of the now-infamous Enron Tapes?" I heard one of the more "infamous" quotes from the tapes, "burn baby, burn"... this was supposed to be an Enron traders response to a forest fire that had knocked down transmission lines near the California/Oregon Border. When did this happen? The only forest fire along the California/Oregon Border (that I could find at the Cal ISO website), occurred in the summer of 2000.
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