Another Texas crook to go along with the Enron family.
Remember this guy?
Check out this news story about how his company fucked over the state of California during the energy crisis last summer.
The full story is here, some quotes are below:
http://www.cbsnews.com/stories/2002/...in514772.shtml
(CBS) Last year's rolling blackouts and the collapse of the California energy market may have surprised the state's consumers, but the crisis was apparently no surprise to employees of Perot Systems, a company owned by former presidential candidate and Texas billionaire Ross Perot.
CBS News Correspondent Vince Gonzales reports California paid Perot Systems millions of dollars to help design its new deregulated energy market. But documents given to a state senate committee show the company and its consultants then turned around and told power companies how to beat the system it helped create.
According to company e-mails, Perot employees decided to peddle their knowledge, saying, "It should be fun and profitable.? Behind the state's back, they made presentations and sent letters to major energy companies. Enron was told, "Many holes in the system exist that could be used to deliver 'unexpected' profits."
Companies were shown several different ways to push up prices. For example, companies were told they could "have a 'sudden' outage of a big plant," so other plants could "make more money."
That's exactly what whistleblowers claim happened.
Enron got caught using a scheme to clog transmission lines that Perot Systems had pitched. Enron admitted no wrongdoing but paid $25,000.
State Sen. Joe Dunn says energy companies used almost every trick in Perot's power playbook.
Dunn compares Perot Systems to a crooked home security company. ?They went out and marketed the flaws in that security system to the burglars that were out there that ultimately committed the California heist.?