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Energy Law

Jun. 21, 2003

An Example No One Will Follow

SAN FRANCISCO - California's 1998 experiment with electric utility deregulation spawned the largest utility bankruptcy in U.S. history, a federal indictment for market manipulation and a mountain of consumer debt.

        By Pamela A. MacLean
        Daily Journal Staff Writer
        SAN FRANCISCO - California's 1998 experiment with electric utility deregulation spawned the largest utility bankruptcy in U.S. history, a federal indictment for market manipulation and a mountain of consumer debt.
    &n...

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