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Odessa American in Odessa, Texas

30 Jan 2002

Page 5

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Odessa American January 30, 2002 Page 5 old newspaper archives

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Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jan 30, 2002

Page

5

Enron collapse prompts scrutiny of market manipulation

Senators questioned Enron tied price drops in Western forward markets after its bankruptcy. Regulators said such trades largely exempt from oversight, complicating proof of manipulation. Lawmakers urged more disclosure while noting energy supplies remained stable and spot prices mostly unchanged.

MENTIONED IN THIS ARTICLE

Washington Enron Senate Ron Wyden D-Ore Robert McCullough Northwest Utilities West Pat Wood Federal Energy Regulatory Commission Wood Senate Energy and Natural Resources Committee Jeff Bingaman Dn.m Wall Street Mark Stultz Electric Power Supply Association Stultz
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Congressional panels probe Enron ties with Bush aides and stock losses

Committees in both houses scrutinize Enron's retirement plans and stock holdings of employees and retirees as it collapsed. Hearings on February 6 and 7 cover Andersen’s document destruction, tax shelters, and offshore entities, with Waxman leading questions on Bush administration links. The Senate weighs curbing unregulated energy derivatives similar to other commodities.

MENTIONED IN THIS ARTICLE

Enron Energy and Commerce Arthur Andersen LLP Energy and Commerce Oversight Andersen Financial Services Henry Waxman California House Government Reform Committee Dick Cheney
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Also Mentioned on This Page

Bingaman Frank Murkowski Alaska Patrick Wood Capitol Hill William Nugent The National Association of Regulatory and Utility Commissioners Congressional the Associated Press Congress Commodity Futures Trading Commission St. Odessa Robert Heldfond Jcpenney ebS.com Intouch Telecom Edward Jones Buddy Everett John Arrick N. Grandview Odessa Wwe Grand Stage Music City Mall Visa Discover Kerry Fisher Odessa Family Clinic Andrews Hwy Odessa, Texas Permian Basin Robert L. Chappell, Jr Prema L. Vindhya Chasiti Laney, RN Rvr Unam Ayy Seel Annies Easy Spirit Naturalizar Duckhead Nina Clarks Hush Puppies Trotters Romus Alu Guy Wells Guy Wells, M.D Lubbock Healthy Heart Center of Suresh N. Gadasalli the Healthy Heart Center 4Th Street Texas
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