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To: randita; *calgov2002; Carry_Okie; SierraWasp; Gophack; eureka!; ElkGroveDan; ...
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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7 posted on 07/03/2002 4:10:05 PM PDT by Ernest_at_the_Beach
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To: Ernest_at_the_Beach
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.

11 posted on 07/03/2002 6:09:33 PM PDT by Robert357
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