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For what its worth, Kenny Boy and Skilling and Fastow had a lot to do with those blackouts. Wikipedia claims: These blackouts occurred as a result of a poorly
by PhantomGremlin 7y ago
For what its worth, Kenny Boy and Skilling and Fastow had a lot to do with those blackouts.
Wikipedia claims:
These blackouts occurred as a result of a poorly designed market system that was manipulated by traders and marketers, as well as from poor state management and regulatory oversight. Subsequently, Enron traders were revealed as intentionally encouraging the removal of power from the market during California's energy crisis by encouraging suppliers to shut down plants to perform unnecessary maintenance
Sadly, Kenny never did any time and Skilling and Fastow are both now out of jail.
https://en.wikipedia.org/wiki/Enron#California's_deregulation_and_subsequent_energy_crisis https://en.wikipedia.org/wiki/Enron#California's_deregulatio...