Jerry Brown Nets $400 Million for California Enron Victims

Attorney General and gubernatorial candidate and Jerry Brown revealed today that $400 million in refunds are heading to California consumers who were "victimized by market manipulation and exorbitant prices during the energy crisis of 2000-2001." TheAG's offices notes: "During the energy crisis, Enron, Sempra and other energy companies created phony energy shortages, blackouts and record high energy prices. As a result, California's two largest utilities, PG&E and Southern California Edison, became insolvent, forcing the state to spend billions of dollars for huge amounts of emergency power to keep the lights on." [via CA Dept. of Justice]