Political Quotes

Jay Inslee: Just to give you an example, I just want to read specific language of two traders. They are talking about whether to…

On the recordJune 15, 2004
Just to give you an example, I just want to read specific language of two traders. They are talking about whether to keep a generating plant running or not. One trader asked the operator of the plant from Enron, ``How hard would it be for you to turn off your plant and then if we want to start it up later?'' He said, ``It's not that hard.'' So the Enron trader said, ``If we shut it down, could you bring it back up in 3 or 4 hours?'' The response was, ``Oh, yeah.'' The response was, ``Why don't you just go ahead and shut it down if that's okay.'' And when they shut it down, they boosted these prices up, sometimes 1,000 percent. That type of language was found by Snohomish County in at least a dozen specific circumstances where Enron specifically requested energy to be shut down. We do not know all of them because we found out they were actually taking some of these calls on cell phones to try to get them off their recording system but we have got enough to know there was a clear crime here.
Said by
Jay Inslee
Democratic · Washington

Editor's note · Context

Discussing Enron's manipulation of energy prices during a congressional speech.

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