A federal judge in Houston Friday was weighing a temporary restraining order request by Amalgamated Bank of New York that would freeze more than $1 billion allegedly gained by Enron Corp. executives and directors who allegedly deceived investors to boost the price of stock before selling millions of shares of the now bankrupt company in the past year.
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CPUC: El Paso Merchant Profited by Withholding Capacity
El Paso Merchant Energy Co. (EPME), by its own admission, earned a pre-tax net profit of $184 million during 2000 and the first quarter of this year as a result of its control of 1.22 Bcf/d of capacity on affiliate El Paso Natural Gas, said the California Public Utilities Commission (CPUC) Friday.
August 27, 2001
CPUC: El Paso Merchant Profited by Withholding Capacity
El Paso Merchant Energy Co. (EPME), by its own admission, earned a pre-tax net profit of $184 million during 2000 and the first quarter of this year as a result of its control of 1.22 Bcf/d of capacity on affiliate El Paso Natural Gas, said the California Public Utilities Commission (CPUC) Friday.
August 27, 2001
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