According to this story on the Dow Jones Newswire, "A former Enron Corp. employee has written a letter to U.S. Senator Barbara Boxer claiming that he has knowledge the company's trading arm manipulated wholesale electricity prices in California.... The letter, sent to Sen. Boxer (D., Calif. ) last week by David Fabian, a former employee for Enron's trading unit who wrote the company's trading software for electricity and natural gas sales, claims Enron congested the state's transmission lines and then resold the power in the state's wholesale electricity market at skyrocketing rates."

As I wrote a few days ago, this is going to be the real Enron scandal, and the political fallout will be significant.
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