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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 -- city guide 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. "Ricochet": Also called "megawatt laundering" (by analogy to money laundering), Ricochet city guide was the power equivalent of a real-estate land flip: buy in-state power cheaply, flip it out-of-state to an intermediary, then re-sell it to California at a highly inflated "imported" city guide price. There were others, but you get the general idea: the only "invisible hand" in this pseudo-free market -- heavily promoted by Enron and its lobbyist allies -- was Enron's.
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