Fifteen years ago, greedy traders plunged California into the energy crisis with its first supplier-caused blackout. That crisis almost bankrupted California. From 2000 through 2001, California overpaid for electricity by at least $20 billion. To prevent the utilities from going bankrupt and to keep the lights on, the state paid those overcharges by selling bonds. We will pay the costs of that fraud in our utility bills every month until 2022. In 2000, the PUC issued more than 120 subpoenas for information from all energy companies in the California market. But the Federal Energy Regulatory Commission stymied California's efforts to obtain critical information that would prove the energy sellers' collusion. Those sellers, and the Wall Street banks that backed them and bet on them, ran to the FERC to quash California's subpoenas. The federal commission accommodated the conspirators then, and continues to do their bidding now. California took the federal commission to court and, starting in 2004, the courts sided with California. FERC had to be ordered repeatedly by the U.S. Court of Appeals for the Ninth Circuit to allow California to obtain and present evidence. At least two market-manipulation cases brought by California are still pending before the federal commission and haven't yet been settled by the state PUC. Winning these cases could mean billions of dollars for California families and businesses.