The companies which may have reaped the most benefit from such a strategy were Royal Dutch/Shell (RD) unit Coral Power at $3.9 million; Sempra (SRE) at $1.6 million; British Columbia Power Exchange at $1.08 million; and Williams Companies (WMB) at $966,283, the report said.
Didn't Davis and most the the national Democratic Party leaders complain about the BILLIONS that were stolen from the people of California by the evil Texas power energy companies!
Do you suppose that was just politics? (/sarcasm)
Even with his California Budgets, it is becoming very clear that Davis and most democrats can't do math! No wonder they so believe in tax & spend, they don't comprehend what they are doing.
The Houston Chronicle article lewislynn mentioned is not the same article, but does contain a hilarious quote:
The ISO report lists the energy companies that made trades that showed the same potential pattern as Death Star, Fat Boy and other questionable -- and possibly illegal -- strategies outlined in Enron memos made public in May. The report says, however, that ISO investigators were unable to determine with certainty when or if the strategies were actually used.
Translation: "After spending much more on our investigation than the $14 million in question, we know absolutely nothing. But we have a strong hunch that some companies may or may not have done things which might or might not have been crimes, but we can't be sure."