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Back to Which Way, L.A.?

Which Way, L.A.?

Ken Lay, Jeffrey Skilling and California's Energy Crisis

Today's stunning guilty verdicts against former Enron executives are a reminder of blackouts and soaring prices during California's energy crisis. Ken Lay and Jeff Skilling face lifetimes in prison after today's conviction for fraud and conspiracy. Because of its bankruptcy, Enron will only pay $225 million of the $1.5 billion it agreed to pay to the state. During the energy crisis five years ago, Enron's energy traders joked about California as if they were bilking a little old lady. We examine what the collapse of Enron meant to California with an energy economist and a former chairwoman of the State Senate Energy, Utilities and Communications Committee. Making News: Poll Finds Californians Undecided about PrimaryLess than two weeks before California's next election, a new poll finds that voters, though not uninformed, are in a state of uncertainty. Mark Baldassare is director of surveys for the Public Policy Institute of California. Reporter's Notebook: The End of So-Cal Commercial Aircraft ConstructionOn Tuesday a local industry came to an end. The take-off of Boeing Company's last 717 airliner from Long Beach Airport marked 90 years of commercial airplane production in Southern California. Essayist, poet and historian DJ Waldie, who's also Public Information Officer for the City of Lakewood in Southern LA County, considers what aircraft construction meant to Lakewood and other cities.

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By Warren Olney • May 25, 2006 • 30m Listen

Today's stunning guilty verdicts against former Enron executives are a reminder of blackouts and soaring prices during California's energy crisis. Ken Lay and Jeff Skilling face lifetimes in prison after today's conviction for fraud and conspiracy. Because of its bankruptcy, Enron will only pay $225 million of the $1.5 billion it agreed to pay to the state. During the energy crisis five years ago, Enron's energy traders joked about California as if they were bilking a little old lady. We examine what the collapse of Enron meant to California with an energy economist and a former chairwoman of the State Senate Energy, Utilities and Communications Committee.

  • Making News:

    Poll Finds Californians Undecided about Primary

    Less than two weeks before California's next election, a new poll finds that voters, though not uninformed, are in a state of uncertainty. Mark Baldassare is director of surveys for the Public Policy Institute of California.

  • Reporter's Notebook:

    The End of So-Cal Commercial Aircraft Construction

    On Tuesday a local industry came to an end. The take-off of Boeing Company's last 717 airliner from Long Beach Airport marked 90 years of commercial airplane production in Southern California. Essayist, poet and historian DJ Waldie, who's also Public Information Officer for the City of Lakewood in Southern LA County, considers what aircraft construction meant to Lakewood and other cities.

  • California Primary

    PPIC survey on primary election

    Enron

    United States v. Jeffrey K. Skilling and Kenneth L. Lay

    US Department of Justice on Enron

    Calpine

    Boeing

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Frances Anderton

    architecture critic and author

    News
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