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Keyword: tradingpractices

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  • California: Power generators reveal practices they say were legal

    05/23/2002 9:48:53 AM PDT · by Ernest_at_the_Beach · 17 replies · 221+ views
    The Sacramento Bee ^ | May 23, 2002 | Carrie Peyton Dahlberg -- Bee Staff Writer
    <p>Proclaiming their innocence, California's major power generators on Wednesday outlined for federal regulators some of the ways that plant owners profited from complex twists and turns in the state's electricity markets.</p> <p>Duke, Dynegy, Mirant, Reliant and Williams acknowledged their behavior shared some traits with the trading tricks detailed in Enron Corp. memos. All stressed they followed rules and did nothing wrong.</p>