And let's remember the continuing Enron scandal

[Stonehead]

In the Northwest: Enron's real obscenity is continuing cost of 'crisis'--Seattle PI

 

"Ken Lay was part of the Department of Energy transition team. At the White House, "Kenny Boy" was given a private meeting with Vice President Dick Cheney to lay out Enron's input into the Bush administration energy plan. Lay sent the White House five names as possible appointees to the Federal Energy Regulatory Commission. Two were named to the commission."

 

--snip--

 

"In an act of corporate gall, Enron is suing a number of utilities in the West, asking for more than $500 million. It is asking $122 million from the Snohomish PUD, claiming the utility illegally severed a 2001 power contract."

 

[catbirdseat]

The contract can be legally severed if it was the product of fraud. I should think that the safest thing is generally to get the contract nullified in court rather than defaulting and then getting sued, but I'm not a lawyer.

[EWolfe]

They'd really be "whacking our PUD", wouldn't they?

[Skeezix]

Lay had Bush on speed dial ...and now we have recordings of Enron brokers chortling with gluttonous glee as they admit to ripping off grandma. Bush's response? --Lower Ken Lay's taxes!