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Tapes Reveal Enron Employees Joked About Calif. Blackouts

HeadlineJun 03, 2004

Tapes have emerged that show Enron employees joking about shutting down power plants during the California blackouts in order to push local energy prices higher. Another tape has Enron employees discussing the possibility of Enron CEO Ken Lay becoming Secretary of Energy under President Bush. A third tape has an Enron employee joking about all of the money Enron stole “from those poor grandmothers in California?” The tapes aired on CBS News. The network reports both Justice Department and Enron tried to prevent the release of the tapes.

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