Tuesday, May 18, 2004

Say, is Enron's "Kenny Boy" Lay still walking the streets? 

I wonder why? Perhaps there is a smoking gun:

Enron Corp. employees spoke of "stealing" up to $2 million a day from California during the 2000-01 energy crisis and suggested that their market-gaming ploys would be presented to top management, possibly including Jeffrey K. Skilling and Kenneth L. Lay, according to documents released Monday.

The evidence of apparent scheming — in one recorded conversation, traders brag about taking money from "Grandma Millie" in California — is in a filing by a utility in Snohomish County, Wash. The municipal power unit north of Seattle wants refunds for alleged overcharges made by Enron during the electricity market meltdown.

The utility obtained transcripts of routinely recorded trader discussions from the Justice Department, which seized them in its Enron investigation.
(via AP)

I can see it all now: Taking OBL off the ice and indicting Kenny Boy, packaged as a twin surprise in October...

corrente SBL - New Location
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