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

To: Mephisto who wrote (2388)	2/4/2002 11:46:00 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 5185

BPA Announces Proposed Rate Hike - BPA has too much power This one is particularly galling. Due to the predatory market manipulations by Enron and the other under-regulated energy traders, the Bonneville Power Administration now has a surplus. Readers may be aware that BPA raised its wholesale electrical rate by 46% last October 1 because of a shortfall in generating capacity. Now they got too much so they gotta raise the price again. The Red Queen and Alice never had it so good. "We must run faster and faster, in order to stay in place." Who knew that deregulation would lead to insanity?