Portland Utilities May Have Aided 'Ricochet' Trading by Enron, Others

Wall Street Journal (paid subscribers only) ^ | May 24, 2002 | Robert Gavin

[snopercod]

Two utilities based in Portland, Ore., said they may have unwittingly aided schemes to manipulate electricity prices during the Western energy crisis of 2000.

In filings with the Federal Energy Regulatory Commission on Wednesday, PacifiCorp, a unit of Scottish Power PLC, and Portland General Electric, a unit of Houston-based Enron Corp., said they may have been unknowing intermediaries in so-called megawatt-laundering trades designed to avoid California price caps.

[Ernest_at_the_Beach]

I think the LA Times and Washington Post lawsuit has to be a problem here.
I know we have attorneys around that could make better specifics than I.

[ThePythonicCow]

Yes, the lawsuit could well be a problem.

[snopercod]

Yes, you are correct, the archives are still "there". I stumbled upon some of them earlier today.

It was Jim_Rob who said they were not available as I recall, and I assumed that was correct.

One thing I know is that Jim_Rob is honest and above board. Always. If he's not talking about this, then there's a damn good reason. I will support him until the end.

[ThePythonicCow]

Yup - he da man, and this is his place, and we are blessed that he chosen to share it with us. Thanks Jim and John. Your gift to this country, and to the principles for which it stands, is enormous.