patgund: Knotwork (Bucky!)
[personal profile] patgund
Yet another example of life imitating "The Onion". And no, the headline is not reversed.

California ordered to refund $270 million to Enron, others

"As California struggled through the 2000-01 energy crisis, Enron traders gloated about gouging the state. Now state Attorney General Bill Lockyer says federal regulators are heaping insult upon injury by demanding California pay Enron and other energy companies almost $270 million in refunds.

In a motion filed with the Federal Energy Regulatory Commission, Lockyer said the refunds would reward "the sellers a second time for their market manipulation activities and predatory pricing."

The order was particularly unfair considering recent evidence of market manipulation by energy generators, Lockyer said in an interview Tuesday."


Bend over California, the FERC still intends to screw you.

Profile

patgund: Knotwork (Default)
patgund

April 2017

S M T W T F S
      1
23456 78
9101112131415
16171819202122
23242526272829
30      

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated Mar. 20th, 2026 06:56 pm
Powered by Dreamwidth Studios