Wednesday, October 15, 2003
"I am deeply unhappy to report on the accuracy of our report on the success of Ken Lay’s plan to have his governor, Mr. Schwarzenegger, sabotage state lawsuits against the electricity cartel.
The following is just in from journalist Katherine Yurica:
Arnold to Settle Lawsuits for Pennies on the Dollar
The Yurica Report has learned that only three days after Mr. Schwarzenegger won his victory in California, an aide announced that the governor-elect intends to settle pending energy fraud lawsuits. This apparently includes the suit filed by Cruz Bustamante under the California statute, Civil Code section 17200 ,of the Unfair Practices Act. The purpose of the act ?is to safeguard the public against the creation or perpetuation of monopolies and to foster and encourage competition? the Act expressly prohibits, ?unfair, dishonest, deceptive, destructive, fraudulent and discriminatory practices by which fair and honest competition is destroyed or prevented.""