Hover over main image to zoom
by Jeremiah D. Lambert
During the last two decades, deregulation and restructuring were widely expected to transform the nationí__í_ís energy industries, bringing more competitive pricing and abundant, reliable energy to the public. Instead, consumers and investors in the post-Enron era have suffered losses measured in the billions, attributable to market-rigging, accounting fraud, and business plans that were doomed to fail.
In this in-depth look at the latest era of greed, Jeremiah Lambert explains how the leaders of these companies schemed, collaborated, or ignored the obvious signs that signaled the oncoming failures of well-established energy companies.