SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Raymond Duray who wrote (284329)8/6/2002 7:41:45 PM
From: ManyMoose  Respond to of 769667
 
Simple, p-brane whose p=1, er Ray my friend. The Californicos were willing to pay $27B as long as they got the electricity they wanted, therefor the value of the electricity was $27 B. As for what happened to the $27B after Enron got it, the jury is still out on that. (i.e. I don't know, and I'm not too happy about the rumors. I do know that the value of my stock went to zero.)

PS, now that you are talking to me, did you get the story about the clown who fell off the 90 foot pole? I tried very hard to get that message to you because I thought you would be interested.

Message #284329 from Raymond Duray at Aug 6, 2002 5:52 PM

Dave,
Explain this to me. In 1999, the California electricity bill was $7 Billion. Then Enron stepped in and started "trading" electricity in a big way in 2000. That year the electricity bill came to $27 Billion.

Do you think this is suspicious? Do you think there was blatant market manipulation by Enron and their ilk that transferred $20 Billion from the public in California to Ken Lay's retirement account, among many others? I sure do.

Try to spin that one, brudda.... I dare you. :)