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Non-Tech : The Enron Scandal - Unmoderated -- Ignore unavailable to you. Want to Upgrade?

To: c.horn who wrote (1104)	2/2/2002 1:16:47 PM
From: JBTFD	Read Replies (1) \| Respond to of 3602

One for instance is the fact that the Bush administration's energy policy created by Cheney's task force was very beneficial to Enron's business. Enron has always been a proponent of de-regulation. Any Bush appointee when he was governor of Texas that was in favor of de-regulation could be seen as a favor to Enron.

To: c.horn who wrote (1104)	2/2/2002 1:36:57 PM
From: JBTFD	Read Replies (1) \| Respond to of 3602

here's another one: Soon after California dumbly deregulated its power markets, Enron sold 500 megawatts of power to the state for delivery over a 15-megawatt line. Very cute, that: the company knew darn well the juice couldn't make it over the line, causing panic in the state - customers would then pay 10 times the normal cost to keep the lights on and traders could cash in. The federal regulator caught that one. Within weeks of taking office, George Bush demoted the troublesome official. Lay boasted to one candidate expected to replace the sacked regulator that President Bush had given Enron veto over the government appointment.