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Enron Unit Won’t Face Delay in FERC Probe

From Bloomberg News

Portland General Electric, a unit of Enron Corp., won’t face a delay in an investigation of allegations of market manipulation during California’s energy crisis, a Federal Energy Regulatory Commission judge ordered.

The decision by FERC Chief Administrative Law Judge Curtis Wagner means that hearings on whether Enron and other companies encouraged power shortages in California to boost prices set to begin April 1 will go ahead as planned.

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