Cantwell also called on the US Federal Energy Regulatory Commission (Ferc) to open a new investigation and take effective action against Enron in a letter to Ferc Chairman Pat Wood. “Unfortunately, FERC has fallen down on the job by conducting an inadequate investigation of Enron’s market manipulation,” Cantwell said in the letter. “You have to ask yourself, what has Ferc been doing with all this evidence of illegal activity? Certainly not protecting Grandma Millie.”

The evidence includes