L.A. accused of falsifying documents, Water-power agency cover-up alleged in $1,250 energy sale

SF Chronicle ^ | 7/3/02 | Robert Sallady

[randita]

Sacramento -- The chairman of a Senate committee investigating California's dysfunctional energy market says the Los Angeles public power system may have falsified documents to counter charges that it helped manipulated the market two years ago.

The surprise allegation came during a hearing Tuesday in which another key player in the state's energy deregulation scheme -- Enron Corp. -- was accused of destroying electronic documents it gave to the committee.

[randita]

This comes after revelations that Enron sent the committee several files that contained large amounts of data overwritten with a bunch of zeros, making it useless.

Drat those zeros!

[randita]

The ultra pure LADWP is having a bit of trouble. Time for the head of this investigation to be replaced by someone more sympathetic to Gray-Out.

[mattdono]

I guess the most incredible part of this story is that these are democRATs that are saying this.

Living proof that "even broken clocks are right twice a day."

[SamKeck]

If the conversation was manipulated, Dunn said, officials with the power agency could be held in contempt, and their lawyers could be subject to disciplinary action if they were involved.

Even better ... revoke their tax-exempt status and make 'em live in the real world.

[snopercod]

...just a glitch...a malfunction...a computer screwup.

[snopercod]

Another Friday afternoon before a holiday article that nobody will read.

[Ernest_at_the_Beach]

Right before the holidays we hear about it!

They under estimate the powers of the internet and the memory of lists!

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[kellynla]

Friday? I don't know what my North Carolinan friend has been drinking but I sure wish you would pass the bottle over here...LOL

[NormsRevenge]

DUMP DAVI$ & the Den of Socialists



GO SIMON

[eureka!]

"This comes after revelations that Enron sent the committee several files that contained large amounts of data overwritten with a bunch of zeros, making it useless. "

I liked it even better when they sent 50 boxes of trash...

[Robert357]

The Los Angeles agency says the $1,250 transaction was proper, but nevertheless hired a Washington, D.C., law firm Tuesday to conduct an internal review of their trading and marketing practices. Mayor James Hahn also called for the Department of Water and Power to investigate.

$1250 is chump change! I don't understand what is going on? Everybody knew that LA DWP was making money hand over fist to the point that they had a hard choice of either lowering electric utility rates while everyone else in California was raising rates or to pay down their outstanding bond debt in advance of when the payments were due. LA DWP made a bunch of money off the energy crisis.

LA DWP, tell the world you were lucky and you took advantage of the situation, i.e. get a life and live it.

[Ernest_at_the_Beach]

Wasn't trash, people send messages (secret of course ) on pizza boxes all the time.
That is how they manipulate the markets!

LOL!!

[Ernest_at_the_Beach]

How is Freeman gonna escape from this freemarket gouging?

[monkeyshine]

$1,250? There are much bigger fish to fry.

[Angelique]

Why not a computer glitch? It worked for Gore and his emails. They won't shred--accidental fire.

[snopercod]

~(8(l) Doh!