Business Services Industry
Enron Ripples Include Job Loss for 4,000 Workers, Dynegy Counterpunch.
Knight Ridder/Tribune Business News, December, 2001
By Charlene Oldham, The Dallas Morning News Knight Ridder/Tribune Business News
Dec. 4--Reverberations from Enron Corp.'s record bankruptcy filing rippled far and wide Monday as the company cut 4,000 employees, arranged interim financing and was hit with a legal counterpunch by a former suitor.
At the same time, the Public Utility Commission delayed a key decision on electricity deregulation -- already more than a month late -- by a few more days.
Industry experts expect the financial failure of the energy trader to be a hot topic at a joint meeting between the PUC and key legislators Wednesday.
"I don't know what's going to come up on Wednesday, but I'd be awfully surprised if Enron didn't," said Kirsten Voinis, a top aide to...
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