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Thursday, June 3, 2004

enron traders on the record

i need to drop a link to this story in here, despite the massive coverage all over the web, because someday, i’m going to come back to this and make a point or two.

“He just f—s California,” says one Enron employee. “He steals money from California to the tune of about a million.”

“Will you rephrase that?” asks a second employee.

“OK, he, um, he arbitrages the California market to the tune of a million bucks or two a day,” replies the first.

i’m leaving grandma millie out of this for now.

posted by roj at 9:24 pm