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Former Top Enron Trader Arrested in Ohio

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posted on Jun, 4 2003 @ 03:24 PM
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"LOS ANGELES -- The man who devised Enron's infamous "Forney's Perpetual Loop" in the 1990s was arrested Tuesday by federal agents on charges he used sophisticated, but illegal, trading techniques to manipulate the power markets during California's power crisis.
John Forney, 41, is the third former Enron Corp. executive who worked at the company's office in Portland, Ore., to be charged with crimes related to California's energy crisis. "



www.newsmax.com...




posted on Jun, 4 2003 @ 03:27 PM
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He wasnt protected by bush??? The government just drops their friends when they are no longer useful?

XAOS



posted on Jun, 4 2003 @ 03:36 PM
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Why would he be? Bush was only a Texas Gov. when all this happened. What the hell would he have to do with California?





 
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