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  • Former Enron Energy Trader Faces Charges

    12/04/2003 8:28:56 PM PST · by Calpernia · 8 replies · 404+ views
    AP via Yahoo ^ | Thu, Dec 04, 2003 | DAVID KRAVETS
    SAN FRANCISCO - A former Enron Corp. executive was charged in a superseding indictment Thursday with 11 counts of conspiracy and fraud in connection with the company's manipulation of energy markets during California's power crisis. John Forney, 41, of Ohio, is the third former Enron official to be charged with illegally manipulating California's electricity prices from the company's Portland, Ore., office. His attorney said he is innocent and will fight the charges at trial. Two other former Enron energy traders pleaded guilty and are cooperating in the federal investigation into Enron's role in the energy debacle, which bankrupted Pacific Gas...