Morgan as Enron.

• Author: Peters, Charles
• Position: TILTING at windmills - Manipulation of energy markets by J.P. Morgan Chase - Brief article

Speaking of mad, remember how outraged we were to learn that Enron executives had manipulated the price of electric power? Now we've learned that the same kind of fooling around with prices is happening again, only this time it's by the big banks. You probably saw the front-page story in the Times about Goldman Sachs doing it with the price of aluminum by, among other devices, controlling the warehouses that store it. But did you also see the stories, mostly confined to the business pages, about how J. P. Morgan Chase manipulated energy markets in California and the Midwest by charging "more than 80 times...