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Enron Corp. s energy trading practices in California were deceptive and possibly illegal, a lawyer hired by the company to review its activities in the state said Wednesday.In testimony before the Senate Commerce consumer affairs subcommittee, Stephen
stanley cup Hall said he told Enron officials of his concerns in a face-to-face meeting in December 2000.Hall was one of the auth
stanley cup ors of a memo written just before the meeting that described how Enron s strategies drove up power prices during the California energy crisis, which stretched into the first half of 2001.Hall said his supervisor at the Stoel Rives law firm even edited his memo to emphasize the deceptive nature of certain of these strategies. Richard Sanders, Enron s assistant general counsel, told senators he quickly ordered the practices stopped even though he was not confident that Hall s memo completely or accurately described many aspects of the trading practic
stanley mugs es. Federal regulators released the memo last week and an additional Enron document in which other company lawyers questioned Hall s description of the strategies. Those memos prompted hearings Wednesday by the subcommittee and the Senate Energy and Natural Resources Committee.Hall s memo said traders coined such colorful terms as Death Star, Get Shorty, Fat Boy and Ricochet for trading strategies that sought to maximize profits in California s newly deregulated electricity markets.Describing Death Star, Hall wrote: The net effect of these transact Mdeo Watch Comic-Con s Marvel Cinematic Universe panel in all its glory
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