the CAMP ENRON Report


CAMP ENRON:
... gateway to the next Progressive Era?

Some say it's nothing but a train wreck ... roll in the big cranes, clear the track, see what the crew's been smoking. If I thought so, I'd not be writing this ... and if they thought so, they'd not be drumming so hard.


For a brief orientation, see this
Welcome to Camp Enron

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Camp Enron Archives
01/01/2002 - 02/01/2002 02/01/2002 - 03/01/2002 03/01/2002 - 04/01/2002 04/01/2002 - 05/01/2002 05/01/2002 - 06/01/2002 06/01/2002 - 07/01/2002 07/01/2002 - 08/01/2002 08/01/2002 - 09/01/2002 06/01/2003 - 07/01/2003

NOTE to READERS:
(2) All "major" articles of older material have now been imported, some with updates worth perusing. We'll keep it all on the main page for a while, will add a few loose pieces of history, will trim the main page and index the archives for convenience later.


OUR DEPARTMENTS:

the COGENT PROVOCATEUR:
free agent, loose cannon, pointy stick ... taking an imposing analytic toolkit out of the box, over the wall and into the street ... with callous disregard for accepted wisdom and standard English

reading the tea leaves from original angles, we've led with uncannily prescient takes on the federal surplus, the dotcom crash, the "Energy Crisis", the Afghan campaign, the federal deficit.

More where those came from ... stay tuned.


For brief orientation, see this
Welcome to CP


CAMP ENRON:
... gateway to the next Progressive Era?

For a brief orientation, see this
Welcome to Camp Enron

OTHER GOOD STUFF:
Many thanks to Tony Adragna and Will Vehrs, still shouting 'cross the Potomac at QuasiPundit. Early Camp Enron material can be found in QP's Dispatches department.
Thursday, May 23, 2002

 
--- At Least One Happy Ending ... NEPCO Lives! ---

We've been tracking the misfortunes of NEPCO, a sixty-year-old locally-HQ'ed international powerplant construction firm, bought up by Enron a few years back, and soon caught up in the backwash of Enron's collapse. Owned through a chain of subsidiaries, NEPCO was not included in the Enron bankruptcy case ... but their outstanding cash balance -- including customer deposits on mega-projects -- was suddenly sucked into the Enron mother ship.

Good news. NEPCO will go through its own Chapter 11 to wash the Enron entanglements out of its hair, and the surviving assets acquired by a Canadian competitor, SNC-Lavalin. Staff, management, and projects around the globe are saved! (Seattle Times)

In other regional developments, NW Natural has dropped plans to acquire Enron's Oregon based utility PGE, citing too many complications. Before Enron went "asset light", PGE was the jewel in the Enron crown, and its trading operations inspired Enron's trading platform strategy.

There has been some talk of converting PGE to cooperative public ownership.