To: Dog Gone
Their growth was phenominal in the power brokerage area. I can't remember the exact analogy but Enron was buying/selling more power than several of the major power companies combined. And they didn't own a generator, but they had vast numbers of traders swapping the commodity by the hour.....
Is Ken Lay a part of the Lay family that owns Frito-Lay?
18 posted on
12/09/2001 9:13:04 AM PST by
deport
To: deport
. I can't remember the exact analogy but Enron was buying/selling more power than several of the major power companies combined. And they didn't own a generator,There in a nut shell is the problem with manufacturing off shore and a country that thinks it can survive by not producing tangible products within its borders but thinks it can with "service industries"...
Enron was nothing more than a middle man. And, as an example the California electricity "deregulation" scam, known as the worst policy mistake in California history, (authored by and passed by Republicans,BTW) was nothing more than the introduction of the middle man in the system....Of course, Enron was behind that type of "deregulation" (there is no other type).
To: deport
Is Ken Lay a part of the Lay family that owns Frito-Lay? I don't think so. As much as I've heard about the man, I've never heard that.
23 posted on
12/09/2001 10:31:16 AM PST by
Dog Gone
To: deport; Dog Gone
sorry guys, missed deports previous question re: ken lay's family biz.
50 posted on
12/10/2001 8:48:41 AM PST by
thinden
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