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Tag: Federal Energy Regulatory Commission

Enron’s Skilling Sentenced; Bush Walks

Greg Palast 

Update of the original report for Truthout

[October 24, 2006]

Don’t kid yourself. If you think the sentencing of Jeff Skilling, former Enron CFO (criminal financial officer), to twenty-four years in the slammer means that justice has been done, think again.Ken Lay

First, Skilling got away with murder – or at least grand larceny. Like Al Capone convicted of failing to file his taxes, Skilling, though found guilty of stock fraud, is totally off the hook for his BIG crime: taking down California and Texas consumers for billions through fraud on the power markets. …more

British Petroleum’s “Smart Pig”

Greg Palast 

The Brilliantly Profitable Timing of the Alaska Oil Pipeline Shutdown

alskapipelineFor The Guardian (UK)

Is the Alaska Pipeline corroded? You bet it is. Has been for more than a decade. Did British Petroleum shut the pipe yesterday to turn a quick buck on its negligence, to profit off the disaster it created? Just ask the “smart pig.”

Years ago, I had the unhappy job of leading an investigation of British Petroleum’s management of the Alaska pipeline system. …more

Ken Lay’s Alive!

Greg Palast 

Don’t check the casket. I know he’s back. When I saw those lights flickering out at La Guardia Airport yesterday and heard the eerie shrieks and moans in the dark, broiling subway tunnels, I just knew it: Ken Lay’s alive! We can see his spirit in every flickering lightbulb from Kansas to Queens as we head into America’s annual Blackout season. …more

The Al Capone of Electricity

Greg Palast 

layKen Lay Will Get Away with his Real Crimes

Seattle Post-Intelligencer

Al Capone cut throats, machine-gunned people to build his gang and went to jail””for not filing his taxes properly. Likewise, Ken Lay, buccaneer of the power industry, will go down””if the jury doesn’t buy his alibi””for not filing his SEC forms properly. …more

Give it Back, George:
The Lay Loot That Bought The White House

Greg Palast 

Bush and Republicans Should Give up Ill-Gotten Gains

When the feds swoop down and cuff racketeers, they also load the vans with all the perp’s ill-gotten gains: stacks of cash, BMWs, whatever. Their associates have to cough up the goodies too: lady friends must give up their diamond rocks. …more