Drowned

One day after the body of Sequent Energy Management President Douglas N. Schantz was found in the Mississippi River, the New Orleans coroner confirmed that Schantz had drowned after likely hitting his head while falling from the dock. Family and friends warmly remembered the executive on Wednesday.

Energy marketers involved in “wash” transactions were almost drowned last week with bad news, as investors bailed on their stocks and regulators called for a good soaping of the industry. It was a dreary week overall, but those taking the worst baths included Dynegy Inc., CMS Energy Corp. and Reliant Energy Inc. By the end of the week, at least three top trading executives at two companies had resigned and the weather showed no sign of clearing anytime soon.