Enron Tapes

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Newly released records show Enron profited from selling emergency power meant for California to locations in the Southwest, where prices were higher.

Senator Maria Cantwell played a tape yesterday of Enron trader Tim Belden and an Enron executive talking during the summer of 2000. The trader is heard laughing about it being hot in California where there wasn't enough power.

He also talks about how fish are being killed in the Northwest in order to provide emergency power to California.

The Enron executive asks if they're exporting "fish kill power" out of California and the trader says it's being exported to the Southwest. "Fish kill power" refers to energy from dams that otherwise would have spilled water to save endangered salmon.

Belden was the first Enron executive to plead guilty to taking part in what federal officials have described as a conspiracy to squeeze California.