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The New DU. Reply #2: Enron's manipulation of the power industry cost Calif $30 billion ....
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Blackhatjack
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Thu Apr-01-10 09:45 PM
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| 2. Enron's manipulation of the power industry cost Calif $30 billion .... |
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and as I recall the Bush Administration made it impossible for Calif to void the extorted contracts which locked in sky high prices for years to come.
And as the film shows, Skilling stated 'The difference between Calif and the Titanic is that when the Titanic when down all the lights were on.'
Calif had no chance without the Federal Govt stepping and Bush was not about to help Calif.
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