Saturday, March 12, 2005

Another quiet Friday night bombshell

Friday evening, when no one was paying attention, the Federal Energy Regulatory Commission said that yes, Enron was acting illegally at the time it entered into contracts with western utilities and cities. This is what former California governor Gray Davis was practically screaming, but no one was listening. Instead, he was taken out of office by an unindicted sex criminal who just happen to have been at least one meeting with Kenneth Lay in California. Oh, the coincidence!

When Enron declared bankruptcy, it sued several cities and utilities for the money owed on the fake contracts. The defendants fought back, and it didn't take much digging (remember the famous tapes about taking Grandma's money?) to find the evidence.

And just one more reminder--Kenneth Lay is not in prison.