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and were involved in covering it up.

Trader 3: “This guy from the Wall Street Journal calls me up a little bit ago…”

Trader 4: “I wouldn’t do it, because first of all you’d have to tell ’em a lot of lies because if you told the truth…”

Trader 3: “I’d get in trouble.”

Trader 4: “You’d get in trouble.”

Another conversation went as such:

Trader 1: heye fucking taking all the money back from you guys? All the money you guys stole from those poor grandmothers in California?

Trader 2: “Yeah, Grandma Millie man. But she the one who couldn figure out how to fucking vote on the butterfly ballot.”

[Laughing from both sides]

Trader 1: “Yeah, now she wants her fucking money back for all the power you’ve charged right up, jammed right up her ass for fucking 0 a megawatt hour.”

[Harder Laughing]

In an Aug. 4, 2000, conversation, Enron trading executives John Lavorato and Tim Belden discussed a dispute involving traders who worked for Lavorato. The two Enron executives appeared to acknowledge the illegality of the trading.

Lavorato: just, ah fuck, I just trying to be an honest camper, so I only go to jail once.

Belden: ell, there you go. At least in only one country. (Laughs.)

Lavorato: eah, [unknown] this isn a joke

Handling of the crisis

Governor Gray Davis

Perhaps the heaviest point of controversy is

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