Ultimately the energy would end up right back where it started, and Enron would be paid by California without actually putting any electricity on their grid.
Doing so appears not to present any problems, other than a public relations risk arising from the fact that such exports may have contributed to California's declaration of a Stage 2 Emergency yesterday.
"[2] Enron used a number of other named fraudulent business practices in the years leading to its collapse.
His supervisors, Timothy Belden and Jeffrey Richter, both pleaded guilty to conspiring to commit wire fraud and assisted prosecutors.
On August 5, 2004, Forney pleaded guilty to conspiracy to commit wire fraud and was given two years probation and a $4,000 fine.