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The record of Enron market manipulation is chilling, indeed:

Also disturbing: recordings of Enron's traders on the sales floor knowingly creating a false enery crisis in California in order to inflate the cost of electricity by nine times over its original cost. The traders cackle over the phone about bilking "grandma Millie" out of her retirement money while ordering California electrical workers to close down plants for "repairs," thus increasing the cost of electricity. Footage of car accidents caused by broken traffic lights due to electrical outages are chilling, with one remorseful trader later admitting...

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Read more from this blogger: Enron: The Smartest Guys in the Room