Tape Show Enron Arranged Plant Shutdown to Create Crisis

In the midst of the California energy troubles in early 2001, when power plants were under a federal order to deliver a full output of electricity, the Enron Corporation arranged to take a plant off-line on the same day that California was hit by rolling blackouts, according to audiotapes of company traders released here on Thursday.

Lay and Enron denied that they ever manipulated power plants. They did and here is the proof. Such perfidy. Why is it that Martha Stewart went to jail over $50,000 and they didn't go to jail over hundreds of millions of dollars?

I really thank Maria Cantwell for supporting getting those tapes transcribed. If not for her this would have gone unrecognized.