VIDEO: Power Wars
By Vince Leibowitz on Apr 11, 2007 in 80th Legislature, TXU
The above is a very interesting little video likening TXU to Enron and making some very important points about TXU’s threats to the Legislature and market manipulation. Worth a watch, indeed.
While we’re on the subject, we’re also hearing some rumblings about Houston energy giant Reliant…word on the street seems to be they may be having another “correction” later this year (a la 2002), and possibly something about an accounting dust-up. We’ll keep you posted.
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