vox
9th May 2002, 04:44
"WASHINGTON - May 8 - In light of a memo indicating that Army Secretary Thomas White’s former Enron division was involved in market manipulation and price-gouging during the California electricity crisis, Public Citizen today called for White to resign immediately and the Justice Department to initiate a criminal probe.
"The internal company memo describes how White’s division, Enron Energy Services, lied to California officials, enabling the company to charge prices far higher than should have been allowed. As a direct result of his division’s fraud, White is a multimillionaire and California consumers still are paying far too much for their electricity."
Read More (http://www.commondreams.org/news2002/0508-14.htm)
Part of my ongoing series of posts about the criminality which is so prevalent, and so richly rewarded, in the capitalist system. One might even say it's necesarry to maintain the status of the ruling elite!
vox
"The internal company memo describes how White’s division, Enron Energy Services, lied to California officials, enabling the company to charge prices far higher than should have been allowed. As a direct result of his division’s fraud, White is a multimillionaire and California consumers still are paying far too much for their electricity."
Read More (http://www.commondreams.org/news2002/0508-14.htm)
Part of my ongoing series of posts about the criminality which is so prevalent, and so richly rewarded, in the capitalist system. One might even say it's necesarry to maintain the status of the ruling elite!
vox