Taped

Senators Ask FERC to Reopen Enron Probe; Seek Related Hearing

Sens. Joe Lieberman (D-CT) and Maria Cantwell (D-WA) last Wednesday asked FERC Chairman Patrick Wood to reopen FERC’s investigation into Enron’s trading practices during the 2000-2001 Western energy crisis and to explain how the agency will respond to new evidence of “extensive and deliberate” trading manipulations, particularly in the context of disputed energy cost refunds and long term energy contracts to which Enron was a party.

July 19, 2004