http://www.nytimes.com/aponline/business/AP-Energy-Investigation.html

Senator: Perot Firm Offered Primer

By THE ASSOCIATED PRESS

Filed at 7:39 p.m. ET


SACRAMENTO, Calif. (AP) -- Perot Systems Corp., the Texas company that
created the software for California's energy market, later showed energy
companies how to take advantage of the market's ``holes'' to raise power
costs, state senators investigating California's energy crisis said
Wednesday.

In a computerized presentation to Reliant Energy and other market
participants, Perot Systems suggested ways to artificially create
congestion that would drive up energy prices, said Democratic Sen. Joe
Dunn. Enron traders used identical tactics during the crisis.

Copies of the presentation were found among thousands of documents
subpoenaed last year, said Dunn, chairman of the Senate committee
investigating California's power crisis.

THE END

==^================================================================
This email was sent to: archive@jab.org

EASY UNSUBSCRIBE click here: http://topica.com/u/?bUrHhl.bVKZIr
Or send an email to: [EMAIL PROTECTED]

T O P I C A -- Register now to manage your mail!
http://www.topica.com/partner/tag02/register
==^================================================================

Reply via email to