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Ex-Enron official pleads guilty in California energy case
John Forney, 42, pleaded guilty to manipulating energy markets during California power crisis. The former Enron executive from Portland faces cooperation with investigators as he admits tactics blamed for high California electricity prices and PG&E bankruptcy. U.S. Attorney Kevin Ryan says this completes convictions of the three top Enron officials tied to the California market manipulation.
MENTIONED IN THIS ARTICLE
San Francisco
Enron
California
John Forney
Portland
Ore
Pacific Gas & Electric Co
U.S
Kevin Ryan
Ryan
Forney