One more reason why I would like to see George W. Bush impeached (among other things!)...
HOUSTON - Enron traders openly discussed manipulating California's power market during profanity-laced telephone conversations in which they merrily gloated about ripping off "those poor grandmothers" during the state's energy crunch in 2000-01, according to transcripts of the calls.
Newly released transcripts of phone conversations among Enron traders prove the company fraudulently manipulated market prices during the 2000 West Coast energy crisis, local utility officials say.
Enron Corp. traders openly discussed manipulating the California power market and joked about stealing from grandmothers during the Western energy crisis in 2000-2001, according to transcripts of telephone calls filed with the Federal Energy Regulatory Commission.
"Burn, baby, burn. That's a beautiful thing," a trader sang about the massive fire.
Four years after California's disastrous experiment with energy deregulation, Enron energy traders can be heard – on audiotapes obtained by CBS News – gloating and praising each other as they helped bring on, and cash-in on, the Western power crisis.
Dont jump to conclusions. These people arent Enron executives (though you are intended to believe that). They are traders meaning they are people who bought Enron stock to make short term gains on it. These traders have no special knowledge of or ability to influence Enron policy.
Enron Republicans Caused California Blackout
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