Energy company investigations: a “witch hunt” or needed for industry confidence?

Current investigations by regulators into as many as 150 energy companies after the California and Enron crises amount to a “witch hunt”, said Cliff Hare, president of energy trading at Dynegy, at the EPRM 2002 conference in Houston on May 14.

But with Dynegy being named a day later by Dearborn, Michigan-based CMS Energy as one of two US energy majors it had bought and sold power simultaneously from and to for the same price, some in the industry have called for other top US energy firms to

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