View Single Post
Old 04-13-2009, 09:10 PM   #5
no caste
Guest
 
Posts: n/a
Default Re: Alberta, what to say...

Enron tested ploy in Alberta
Bankrupt firm manipulated provincial electricity system, evidence suggests


Jason Markusoff, The Edmonton Journal, February 5, 2005
http://www.bruderheim-rea.ca/Journal..._macdonald.htm

EDMONTON - Newly unearthed evidence suggests Enron Corp. manipulated the Alberta electricity system during deregulation's early stages to reap revenues of $45 million in a single day, part of a scheme code-named "Project Stanley," likely a nod to the Stanley Cup trophy....

"It was testing for more extensive market manipulations they had planned later for the California market," said Eric Christensen, assistant general counsel for the Snohomish County Public Utility District, which is fighting to get judges to nullify a $122-million US lawsuit Enron filed against it.
  Reply With Quote