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Former Enron lawyer says he warned company about power-trading practices.(Chicago Tribune)
WASHINGTON _ A lawyer who worked for Enron Corp. told lawmakers Wednesday that he warned the company during the California energy crisis that its power-trading practices in that state were deceptive and perhaps illegal.
Lawyer Stephen C. Hall said he was alarmed in the fall of 2000 to learn that traders for the Houston-based energy giant were using financial gimmicks, to which they gave colorful names, resulting in Enron being paid for electricity it didn't provide.
"As I learned about Enron's trading practices, I became increasingly concerned," Hall said at a hearing attended by members of the Senate Commerce Committee. "As I learned of deceptive practices, I advised the traders with whom I …
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