FERC

READER’S EDITORIAL: SHOCKWAVES-- MASTERS SHOULD BE FIRED IF INVESTIGATION PROVES J.P. MORGAN ENGAGED IN ENRON-STYLE POWER MARKET MANIPULATION

 
by Tyson Slocum, Director of Public Citizen’s Energy Program
 
July 22, 2012 (San Diego’s East County)--J.P. Morgan Ventures Energy Corporation is under investigation for practices that may have resulted in overcharging consumers $73 million or more on their household utility bills. J.P. Morgan Ventures Energy Corp. operates under the oversight of JPMorgan Chase & Co.’s head of global commodities, Blythe Masters.