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Non-Tech : Derivatives: Darth Vader's Revenge
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To: Paul Berliner who wrote (1035)12/7/2001 3:46:22 PM
From: Henry Volquardsen  Read Replies (1) of 2794
 
I'm not as sure Paul. It is possible of course. But Enron's losses weren't coming out of their energy business as far as I can tell and there hadn't been anything unusual, that I am aware of, in trading patterns to indicate a squeeze. Also considering the massive bad faith on Enron's part in their own accounting I'm not inclined to take their word for much. Dynegy MAY have acted in bad faith but Enron almost certainly acted in bad faith.
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