Ex-manager at Enron get 2 years of probation
From Bloomberg News
Former Enron Corp. trade manager John Forney was sentenced to two years of probation and fined $4,000 for creating trading tactics to drive up power prices during California’s energy crisis of 2000-2001.
Forney, who was manager of Enron’s real-time trading desk in Portland, Ore., pleaded guilty in 2004 to faking congestion on California transmission lines to collect fees. U.S. District Judge Martin Jenkins said he weighed Forney’s conduct against his cooperation with the government.
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