Enron No Shows Again
Enron has stood up a panel of state senators who subpoenaed the energy giant to testify about destruction of documents, and now could face contempt charges by the California Senate. Lawmakers investigating California´s power crisis sought thousands of documents from Enron in June. Senator Joe Dunn says an accounting firm´s destruction of some of the company´s financial documents may have violated that order. Dunn is chairman of the Senate Select Committee to Investigate Price Manipulation in the Wholesale Energy Market. He says Enron also hasn´t complied with the June summons, and has only sent “a handful” of relevant documents. Dunn summoned Enron officials last month. Enron notified the committee today that it wouldn´t be sending anyone to the deposition.