AP wire joins CNN in not reporting Ken Lay/Bush comments on Enron tape

[papau]

http://ap.tbo.com/ap/breaking/MGB0L8JLZUD.html

Enron Trader Conversations Show Power Market Manipulation Was Sport
By Kristen Hays The Associated Press

HOUSTON (AP) - Enron Corp. traders openly discussed manipulating the California power market and joked about stealing from grandmothers during the Western energy crisis in 2000-2001, according to transcripts of telephone calls filed with the Federal Energy Regulatory Commission. <snip>

John Forney, a former top trader in Enron's defunct Western trading operation based in Portland, Ore., is slated to stand trial on charges of wire fraud and conspiracy. Two other former Portland traders, Timothy Belden and Jeffrey Richter, have pleaded guilty to one count of wire fraud and are helping prosecutors.

Energy merchants regularly tape trader conversations to keep a record of transactions.

According to the Snohomish County Public Utility District, which obtained audiotapes of trader conversations from the Justice Department and transcribed them, traders openly discussed creating congestion on transmission lines, taking generating units offline to pump up electricity prices and overall manipulation of the California power market. <snip>

[peekaloo]

1. White House phones have been busy I suppose.

[ewagner]

2. You're right

I've seen no reports of comments from either Bush or Lay.

[teryang]

3. Republican "free trade" in action

...cynical manipulation and fraud.

[sundancekid]

4. the story was all over CNN early this morning, including Cafferty files

and the replaying of the tapes on air ... will have to see if the story has legs ... heck, California should join Oregon in suing all those NOT_SO_FANCY_ANYMORE_PANTS ...

[PROGRESSIVE1]

5. It was???

Well, if we had our own Echo Chamber then we could give it the legs it needs to run!

[papau]

8. NOPE - CNN had story - and tapes - but cut out the tapes Bush/Lay comments

I guess they can not play on CNN anything that proves Bush a liar about energy theft -

heck - that might be news!

:-)

[Wickerman]

6. Gee, I bet Arnuld is gonna be pursuing this ASAP to recoup some CA $

"Eric Christensen, a lawyer for the utility district, said it is seeking to convince a FERC administrative law judge that Enron should be ordered to surrender as much as $2 billion in unjust profits."

Gov S is all over this, right? Right?

[PROGRESSIVE1]

7. Der Gropenator was installed as the Governor because he...

had to keep all this crap from hitting the fan. I would love to see Criminal Charges brought against him!

[Nomad559]

9. Enron Traders Caught On Tape - CBS Video

http://63.123.44.172:80/7/1466/8488/v012110/cbscomstor.download.akamai.com/8605/cbsnews/2004/06/01/video620639.wmv

[papau]

10. "Ken Lay's going to be Secretary of Energy," one Enron worker said

seems to be in tape - but missing from AP/CNN reports!

[Langis]

11. Were Bush/Lay on the tapes or not?

[peacetalksforall]

12. Wonder how Maria Shriver S feels about Arnold's installation to get the

bill passed in light of this news?

[truthspeaker]

13. National Petroleum Radio skipped it too

Ran the story this morning on "Morning Edition", with a short clip from one of the tapes. No mention of the Bush/Lay talk.