Enron's "Grandma Millie" In High School Classrooms, F-Bombs And All
One of our favorite episodes out of the whole Enron mess -- we mean, besides Lou Pai sprinkling gas on himself so his wife wouldn't smell stripper skank -- was "Grandma Millie."
Those mischievous imps at the Enron energy-trading desk were famously caught on tape laughing their asses off at how they were manipulating the West Coast markets through all sorts of skullduggery, and how "Grandma Millie" -- the prototypical pensioner struggling to pay an electric bill -- was not happy.
The tapes caught traders speaking of how a utility company called the Snohomish PUD was wanting its money back:
"They're fucking taking all the money back from you guys?" complains an Enron employee on the tapes. "All the money you guys stole from those poor grandmothers in California?"
"Yeah, grandma Millie, man"
"Yeah, now she wants her fucking money back for all the power you've charged right up, jammed right up her ass for fucking $250 a megawatt hour."
We thought she was done, but Grandma Millie lives on.
Snohomish, located in Washington state, is still trying to get the Federal Energy Regulatory Commission to release all the documents it has in connection with the Grandma Millie incident.
Natural Gas Week, which isn't available online to non-subscribers, reports that a lot of parties don't want that to happen. Morgan Stanley, a financial giant, has taken Enron's place in the suit and sought last week to block any further release of information.
Snohomish "is seeking refunds from a grossly inflated energy contract with Morgan Stanley that was executed during this time period," spokesman Neil Neroutsos tells Hair Balls.
Appealing to FERC isn't all the utility is doing. Its website helpfully offers a 20-minute video to high-school classes called "Enron Exposed."
"From the West Coast energy crisis to shady voice recordings about stealing from 'Grandma Millie,' this video tells the story of the PUD's David-versus-Goliath fight to expose Enron's fraudulent marketing and price manipulation," the utility's site says.
With this warning: "Video contains strong language. We recommend that teachers preview the video before showing it to students."
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