Daily Archives: May 12, 2002

Shorty is Alive and Well

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Posted in Issues

Enron Corp.’s conduct during the California power crisis of 2000-2001 (and that of other energy companies) seems certain to go into history books as the most memorable price fixing case since the General Electric/Westinghouse electrical equipment scandal in the late 1950s. That was the last time senior executives of some of America’s biggest companies went to jail. It turns out from internal documents made public last week that Enron energy traders pursued strategies they dubbed “Fat Boy,” “Death Star” and “Get Shorty” to manipulate wholesale electricity prices at the height of California’s energy crisis, in order to inflate profits. The