2min chapter

Acquired cover image

Enron

Acquired

CHAPTER

Enron's Death Star Trading Strategy

Death Star was a scheme where Enron filed an imaginary transmission schedule in order to get paid to alleviate congestion that didn't really exist. Get Shorty, selling power that Enron didn't actually have for use as reserves with the expectation that it would never be called upon to supply the power. Ricochet, where Enron would work with someone who's generating power in California and export it out of the state so they could do that.

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