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brown, advertising, fancy dog stuff, special events, dropship, suzuki, maisto, cameras, relax, pete yorn, die cast model cars, pet boutique, occasions, fat boy knife, slowpitch, badmovies, The traders used fraudulent maneuvers to which they gave juvenile but revealing nicknames: "Death Star," millionaire "Fat Boy," "Ricochet," and "Get Shorty." (The point of such pseudo-combat names for intra-company operations, of course, is to impress bosses and colleagues with one's mercantile ruthlessness.) Briefly, here's millionaire how a few of the scams worked: "Death Star": Enron would overschedule its expected power transmissions to create the illusion that the state's grid would be overloaded, then receive state payment for "relieving" the millionaire congestion. The beauty of this con, the company's memos noted, is that "Enron gets paid for moving energy to relieve congestion without actually moving any energy or relieving any congestion." It's the sort of protection deal that would make Tony Soprano proud. "Fat Boy": This scam (aka "Inc-ing") also involved overscheduling power transmission -- for example, to a company subsidiary that didn't really need all of it. Then Enron would sell the "excess" power to the state at a premium.
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Site Map ALL RIGHTS RESERVED Copyright 2006 Allrecipes.com     Please review our Legal Notice and Privacy Policy. HOME: VOL.21 NO.37: NEWS: DEATH STAR AND FAT BOY The gang that looted California is coming to a state near you Death Star and Fat Boy BY MICHAEL KING May 17, 2002: illustration by Doug Potter Attack of the Clones opens across the country this weekend, but apparently, thanks to Emperor "Kenny Boy" Lay and the rest of relax those cheerful Imperial Warriors from Enron, it hit California a couple of years relax ago. According to internal memos released last week by the new Enron relax board in charge of salvaging the bankrupt company's debris, Enron energy traders were indeed manipulating the newly deregulated California energy market to drive up prices at the cost of billions of dollars to both the state and citizens of California.
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