FYI
Thanks
Gary

-----Original Message-----
From: Acton, Jan [mailto:JActon@crai.com]
Sent: Wednesday, June 06, 2001 4:53 AM
To: 'gfergus@brobeck.com'; 'mlk@pkns.com'; 'breasoner@gibbs-bruns.com'
Cc: Spann, Bob; Savage, Timothy; Riker, David
Subject: DOJ Investigations of Williams and AES


Today's Washington Post and Wall Street Journal report that in filings to
the SEC, AES has advised that it and Wiliams are being investigated for
price manipulation by the Department of Justice for alleged withholding of
output in April and May 2000.

This is not a surprise to me, but I had not seen a formal announcement
before.

The Post notes the relationship to the $8 million fine that Williams paid to
settle the FERC complaint.

I have not yet read the SEC filing.

Jan Paul Acton
Vice President
Charles River Associates
1201 F St., NW, Suite 700
Washington, DC 20004-1204
Voice: (202) 662 3902
Fax: (202) 662 3910

****************************************************************************
*****
This electronic message contains information from the consulting firm of
Charles River Associates Inc., which may be confidential or privileged.  The
information is intended for the use of the individual or entity named above.
If you are not the intended recipient, be aware that any disclosure,
copying, distribution or use of the contents of this information is
prohibited.  If you have received this electronic transmission in error,
please notify us by telephone (617 425-3582) or by e-mail
(postmaster@crai.com) immediately.
****************************************************************************
*****


=======================================================
This email message is for the sole use of the intended recipient(s) and may 
contain confidential and privileged information. Any unauthorized review, 
use, disclosure or distribution is prohibited. If you are not the intended 
recipient, please contact the sender by reply email and destroy all copies of 
the original message.

To reply to our email administrator directly, send an email to 
postmaster@brobeck.com
BROBECK PHLEGER & HARRISON LLP
http://www.brobeck.com