Michelle

First Lady Says Interior High on President’s Priority List

The Interior Department and its policies are a high priority of President Obama, said Michelle Obama Monday, who reportedly was the first First Lady to drop in at the agency since Eleanor Roosevelt.

February 10, 2009

Former Dynegy Trader Valencia Loses Bid for Acquittal/New Trial

Former Dynegy Inc. trader Michelle Valencia — who was convicted in August of seven counts of wire fraud for reporting false trade data to gas price index publishers (see NGI, Aug. 7) — was denied her request for acquittal or a new trial (see NGI, Aug. 21) in a Dec. 14 judge’s order.

December 25, 2006

Former Dynegy Trader Valencia Loses Bid for Acquittal/New Trial

Former Dynegy Inc. trader Michelle Valencia — who was convicted in August of seven counts of wire fraud for reporting false trade data to gas price index publishers (see Daily GPI, Aug. 7) — was denied her request for acquittal or a new trial in a Dec. 14 judge’s order.

December 20, 2006

Traders Valencia, Singleton Appealing Convictions

Former natural gas traders Michelle Valencia and Greg Singleton — convicted earlier this month of wire fraud related to the reporting of false trade data to industry publications (see NGI, Aug. 7) — are seeking acquittal or a new trial.

August 21, 2006

Traders Valencia, Singleton Appealing Convictions

Former natural gas traders Michelle Valencia and Greg Singleton — convicted earlier this month of wire fraud related to the reporting of false trade data to industry publications (see Daily GPI, Aug. 7) — are seeking acquittal or a new trial.

August 17, 2006

Witness: Dynegy Desk Chief Pressured Traders to Make Bogus Price Reports

Former Dynegy Inc. trader Jeff Hornback wrapped up his testimony in a second full day on the stand in the Houston trial of his former Dynegy colleague Michelle Valencia, and Greg Singleton, a former trader with El Paso Merchant Energy.

July 14, 2006

Additional Charges Filed Against Former Dynegy, El Paso Gas Traders

A federal grand jury has added charges of false reporting and wire fraud against two former natural gas traders, Michelle Valencia, 34, formerly with Dynegy, and Greg Singleton, 38, formerly with El Paso Merchant Energy.

August 2, 2005

Industry Brief

U.S. District Judge Nancy Atlas postponed the trial date of Michelle Valencia, a former Dynegy Inc. energy trader, to Sept. 29 until prosecutors decide whether to appeal the judge’s decision to dismiss three charges related to making false reports to an industry publication. Valencia’s wire fraud charges related to the bogus reporting were not dismissed. Atlas earlier this month postponed the trial date of Todd Geiger, an ex-El Paso Corp. trader, to Sept. 29 also. He too is accused of wire fraud in making false reports to an industry publication (see Daily GPI, Sept. 4). Atlas in August dismissed the false reporting charges against Valencia and Geiger, ruling they were too broad and unconstitutional. Atlas said the Commodities Exchange Act, upon which prosecutors made the charges, lacked a requirement that the person charged have shown intent, and not just made false statements, which are protected as free speech. Prosecutors have until the end of September to decide whether to appeal the rulings. Valencia and Geiger, who have pleaded not guilty, remain free on bond.

September 9, 2003

Judge Dismisses False Reporting Charges Against Former Dynegy Trader

Three of the seven criminal charges against ex-Dynegy Corp. natural gas trader Michelle Valencia were dismissed Wednesday by a district judge in Houston who ruled that the charges were too broad. U.S. District Judge Nancy Atlas granted a motion to drop the charges of false-price reporting because she said they were “unconstitutionally over broad.”

August 29, 2003