Enron auditor, SEC official admit failures

=20
[IMAGE]=09

[IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [I=
MAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] =09 [IMAGE]=
[IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [I=
MAGE] [IMAGE] [IMAGE] Updated: Dec. 17, 2001 [IMAGE] [IMA=
GE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Enron auditor, SEC offic=
ial admit failures The auditor responsible for the financial records of n=
ow-bankrupt Enron and the regulator that oversees federal accounting practi=
ces acknowledged Dec. 12 that shortcomings in the audit system might have l=
ed to the energy... [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] =
[IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] =
[IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [=
IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] =
[IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE]=
[IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE]=
[IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Energy compan=
ies hit by investor fears of illiquidity Enron collapse scares industry, in=
vestors Investors scrutinizing new deals [IMAGE] [IMAGE] [IMAGE]=
[IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE=
] [IMAGE] [IMAGE] Fuel cells could soar in new market Aviation ne=
xt big push for fuel cells Boeing to explore electric airplane [IMAGE] [=
IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAG=
E] [IMAGE] [IMAGE] [IMAGE] Power crisis delays decisi=
on on Snake River dams Army recommends against breaching Dam adaptation de=
emed adequate to protect salmon [IMAGE] [IMAGE] [IMAGE] [IMAGE] =
[IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] =
Moody's downgrades Calpine to Ba1 from Baa3 full story... Baker Hughes-U=
.S. rig count down 21, Canada up 15 full story... BPA and PPM ink 25-year=
wind power pact full story... Enron's switch in 401k management led to t=
rade halt full story... FERC may force greater disclosure for energy trad=
ers full story... GE Power Systems acquires IDAX full story... Orion Po=
wer stockholders approve merger with Reliant Resources full story... Calp=
ine shares continue fall after ratings warning full story... Calpine says=
PG&E to pay $265 million for QF power deliveries full story... FERC want=
s more input in restructuring: Brownell full story... To view all of toda=
y's Executive News headlines, click here [IMAGE] [IMAGE] [IM=
AGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Copyright ? 2001 - Platts, Al=
l Rights Reserved [IMAGE] Market Brief Friday, December 14 Stocks Clo=
se Change % Change DJIA 9,811.15 44.7 0.46% DJ 15 Util. 278.15 (1.3) -0.46=
% NASDAQ 1,953.17 6.65 0.34% S&P 500 1,123.09 3.7 0.33% Market Vols C=
lose Change % Change AMEX (000) 134,857 (19,474.0) -12.62% NASDAQ (000) 1,8=
93,610 (173,955.0) -8.41% NYSE (000) 1,302,530 (131,859.0) -9.19% Commo=
dities Close Change % Change Crude Oil (Jan) 19.29 1.04 5.70% Heating Oil =
(Jan) 0.5425 0.030 5.75% Nat. Gas (Henry) 2.846 0.026 0.92% Propane (Jan)=
30.50 1.25 4.27% Palo Verde (Jan) 28.00 0.00 0.00% COB (Jan) 28.25 0.00 =
0.00% PJM (Jan) 31.00 0.00 0.00% Dollar US $ Close Change % Change Au=
stralia $ 1.925 0.001 0.05% Canada $ 1.56 (0.007) -0.45% German=
y Dmark 2.16 (0.025) -1.14% Euro 0.9041 0.010 1.15% Japan ?en 127.3 1.=
100 0.87% Mexico NP 9.1 (0.010) -0.11% UK Pound 0.6871 (0.0061) -0.88% =
Foreign Indices Close Change % Change Arg MerVal 252.67 0.69 0.27% Aust=
r All Ord. 3,237.70 (21.30) -0.65% Braz Bovespa 12959.17 (189.20) -1.44% Ca=
n TSE 300 7425.70 (25.50) -0.34% Germany DAX 4909.42 (56.63) -1.14% HK Han=
gSeng 11466.11 (63.43) -0.55% Japan Nikkei 225 10511.65 78.20 0.75% Mexic=
o IPC 6139.07 64.01 1.05% UK FTSE 100 5,061.00 (13.90) -0.27% Sourc=
e: Yahoo!, TradingDay.com and NYMEX.com =09 [IMAGE] [IMAGE] [IMAGE=
] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE]=
[IMAGE] [IMAGE] [IMAGE] =09 =09

- bug_black.gif=20
- Market briefs.xls