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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: greenspirit who wrote (217755)	1/13/2002 1:38:07 AM
From: KLP	Respond to of 769667

There's so much "out there"~i.e.Jan 2000Calif Gov appoints B Willison who owns $1 million ENRON stock.... essential.org Grid Stock A key member of the state regulatory panel that oversees California’s deregulated energy market owns stock worth approximately $1 million in one of the state’s largest power producers, the San Francisco Chronicle reported in early August. The disclosure is the latest in a series of revelations that top state energy officials and government advisers own stock in energy companies doing business in California. Those investments have prompted watchdog groups to raise concerns about possible conflicts of interest. Bruce Willison, who was appointed to the California Electricity Oversight Board by Governor Gray Davis in January 2000, has 12,052 shares of stock in Enron, according to his Statement of Economic Interests filed earlier this year, the paper reported. Other links: latimes.com coll=la-headlines-pe-california%3Cbr Enron, a $171 billion company, is a major California power supplier that signed a contract earlier this year with the state Department of Water Resources to provide about $7.8 million worth of electricity per week to the state’s grid. In late July, Davis fired five consultants hired to negotiate power contracts for the state after learning that they held stock in companies that sell power to California, the paper reported. A sixth consultant resigned. The paper also reported that Davis’ press secretary, Steve Maviglio, owned stock in Calpine Corp., a major state energy company. William Keese, chairman of the California Energy Commission, also held as much as $500,000 in stocks last year in companies his agency oversaw. Willison had more than 11,000 shares of Enron stock before he became a member of the oversight panel. He acquired an additional 1,002 shares in April 2000. The Los Angeles Times reported in August that the Securities and Exchange Commission (SEC) has launched a preliminary inquiry into whether energy consultants advising Governor Davis used inside information to trade stocks of power companies doing business with the state. — Russell Mokhiber