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Has AG looked into Arnold's connection to energy pirates?

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yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-28-05 01:13 AM
Original message
Has AG looked into Arnold's connection to energy pirates?
Greg Palast and others have shown how the GOP created the conditions that allowed the energy pirates to blackmail and black out California, run up huge state deficits, blame Gray Davis, call for a recall, then install their boy Arnold, who doesn't pursue the lawsuit to get our BILLIONS back.

Why isn't that racketeering or a RICO violation?
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realFedUp Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-28-05 11:34 AM
Response to Original message
1. nary a word from Lockyer on this stuff...
or has he published a statement? Are cases
still pending?
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yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-28-05 12:08 PM
Response to Reply #1
2. Lockyer has pursued energy extortionists, press silent
This is what he has posted on his website. I couldn't find anything about the GOP or racketeering.

http://ag.ca.gov/antitrust/energy.htm

Responding to the California Energy Crisis of 2000-01, Attorney General Lockyer established the Attorney General's Energy Task Force to investigate and seek remedies for harm caused by market manipulation and other unlawful conduct. While substantial litigation and investigation by the Energy Task Force continue, enforcement actions brought by the Attorney General have generated settlements thus far with a combined value of more than $2.1 billion, including more than $1.6 billion in ratepayer benefits paid by power companies.

A review of the deregulated marketplace finds California's first effort at open competition among power companies has failed to fulfill its promise of cheap and reliable power. Instead of seeing prices reduced by the deregulated electricity market, ratepayers and taxpayers were stunned by blackouts and huge bills as they watched energy generators and traders game the system, inflate prices and enrich themselves.

The Attorney General's examination of the breakdown in the state's deregulated energy market from a law enforcement perspective yielded the 90-page report, AttorneyGeneral's Energy White Paper <1.2M/90 pages>. The report has been sent to Congress, the
California Legislature, the governor and state and federal regulators with recommendations for needed changes.

"California is still reeling from the Energy Crisis of 2000-01 and trying to understand what went wrong," Lockyer said. "From a law enforcement perspective, substantial reforms are needed to fix the defects. The current system serves to shelter wrongdoers, provides powerful incentives for energy sellers to game and gouge and too often leaves ratepayers in the dark."

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yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-28-05 12:11 PM
Response to Reply #1
3. I e-mailed my original post to him
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realFedUp Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-28-05 05:35 PM
Response to Reply #3
4. cool. n/t
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