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Fantasy » alt.fan.tolkien » Those Hallibastards at Enron
| Those Hallibastards at Enron [message #127504] |
Di, 06 September 2005 22:05 |
|
Viridian Note 00416: Enron On Tape
Key concepts
Enron, California energy crisis, fraud, market manipulation
Attention Conservation Notice:
Americans, these people put your President into office.
Californians, you lost a governor over this, not to mention a whole,
whole lot of your money.
Welcome to our new friends who read our last Note on Slashdot – you
know, the one about nukes and their inconvenient proliferation
difficulties.
http://www.newscientist.com/news/news.jsp?id=ns99992455
The Reek breaks the human heart.
http://www.reuters.com/newsArticle.jhtml?type=healthNews& ;storyID=5316791
(((Did you know that air pollution can make mice mutate? These are
actual scientists here, y'know, not those phony baloney characters
Bush is packing in the EPA.)))
"Air Pollution and Heritable Mutations
"Air pollution from vehicles, industry, and power stations can have
adverse affects on the environment and public health. Now a report in
the 14 May 2004 Science indicates that airborne contaminants cause
damage that can be passed on to future generations. Somers et al.
http://www.sciencemag.org/cgi/content/short/304/5673/1008 (((Real
scientists won't let you read this unless you pay
somebody-or-other.))) showed that offspring of mice exposed to steel
mill and highway air pollution for ten weeks inherited mutations in a
marker gene twice as frequently as offspring of mice in a rural
environment. Furthermore, the researchers demonstrated that filtering
the polluted air through high-efficiency particulate-air (HEPA)
filters – which remove more than 99.9% of particles 0.3 micrometers in
diameter – reduced the mutation rate by about 50%. This suggests that
the culprit mutagens are inhaled particles or particle-bound
contaminants such as polycyclic aromatic hydrocarbons."
(((This isn't the first time we Viridians have taken an interest in
Enron.))) Viridian Note 00284: Enron Logo Contest
http://www.viridiandesign.org/notes/251-300/00284_enron_logo _contest.html
http://www.viridianrepository.com/Enron/Enron.htm
(((But the bald peculation and effrontery here would have been utterly
astounding if we hadn't experienced the Bush Administration, since.
Californians, while you were sweating in the dark, this is what your
persecutors were saying to each other.)))
Link:
http://www.cbsnews.com/stories/2004/06/01/eveningnews/main62 0626.shtml
"Enron Traders Caught On Tape
"LOS ANGELES, June 1, 2004
"Enron Scammers On Tape
ENRON'S INTERNAL MEMOS
"The Federal Energy Regulatory Commission released two Enron memos
describing company plans to inflate energy prices during California's
energy crisis of 2000.
"The practices were considered so outrageous, that an attorney with
the California Public Utilities Commission dubbed them a 'smoking gun
memo.'
"(CBS)?When a forest fire shut down a major transmission line into
California, cutting power supplies and raising prices, Enron energy
traders celebrated, CBS News Correspondent Vince Gonzales reports.
"'Burn, baby, burn. That's a beautiful thing,' a trader sang about the
massive fire.
"Four years after California's disastrous experiment with energy
deregulation, Enron energy traders can be heard – on audiotapes
obtained by CBS News – gloating and praising each other as they helped
bring on, and cash-in on, the Western power crisis.
"'He just f---s California,' says one Enron employee. 'He steals money
from California to the tune of about a million.'
"'Will you rephrase that?' asks a second employee.
"'OK, he, um, he arbitrages the California market to the tune of a
million bucks or two a day,' replies the first.
"The tapes, from Enron's West Coast trading desk, also confirm what
CBS reported years ago: that in secret deals with power producers,
traders deliberately drove up prices by ordering power plants shut
down.
"'If you took down the steamer, how long would it take to get it back
up?' an Enron worker is heard saying.
"'Oh, it's not something you want to just be turning on and off every
hour. Let's put it that way,' another says.
"'Well, why don't you just go ahead and shut her down.'
"Officials with the Snohomish Public Utility District near Seattle
received the tapes from the Justice Department.
"'This is the evidence we've all been waiting for. This proves they
manipulated the market,' said Eric Christensen, a spokesman for the
utility.
"That utility, like many others, is trying to get its money back from
Enron.
"'They're f------g taking all the money back from you guys?' complains
an Enron employee on the tapes. 'All the money you guys stole from
those poor grandmothers in California?' "'Yeah, grandma Millie, man.'
"'Yeah, now she wants her f------g money back for all the power you've
charged right up, jammed right up her a------ for f------g $250 a
megawatt hour.'
(((It's like poetry, isn't it?)))
"And the tapes appear to link top Enron officials Ken Lay and Jeffrey
Skilling to schemes that fueled the crisis.
"'Government Affairs has to prove how valuable it is to Ken Lay and
Jeff Skilling,' says one trader.
"'Ok.'
"'Do you know when you started over-scheduling load and making buckets
of money on that?'
"Before the 2000 election, Enron employees pondered the possibilities
of a Bush win.
"'It'd be great. I'd love to see Ken Lay Secretary of Energy,' says
one Enron worker.
"That didn't happen, but they were sure President Bush would fight any
limits on sky-high energy prices.
"'When this election comes Bush will f------g whack this s--t, man. He
won't play this price-cap b------t.'
"Crude, but true.
"'We will not take any action that makes California's problems worse
and that's why I oppose price caps,' said Mr. Bush on May 29, 2001.
"Both the Justice Department and Enron tried to prevent the release of
these tapes. Enron's lawyers argued they merely prove 'that people at
Enron sometimes talked like Barnacle Bill the Sailor.' (((Yeah, if
Bill was a pirate pulling down a million a day in market manipulation
while laughing at widows.)))
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