The Mudcat Café TM
Thread #91773   Message #1750222
Posted By: GUEST,GUEST, mrdux
30-May-06 - 04:27 PM
Thread Name: BS: Lay and Skilling- Guilty
Subject: RE: BS: Lay and Skilling- Guilty
I agree with Big Mick: the data is the data. Although I'm sure Enron and its apologists would disagree, FERC (Federal Energy Regulatory Commission) -- decidedly not a part of the World Socialist combine -- has a similarly dim view view of Enron's activities. This is prominently displayed on page 1 of the site linked to by pdq.

"January 31, 2005

      "FERC trial staff testifies in Enron Gaming case that Enron's profits in Western states from 1997 through 2003 was more than $1.6 billion, and recommends that Enron be required to surrender the full amount."

$1.6 billion is pretty substantial impropriety.

And now back to work.

michael