As Edison CEO, Bryson survived tough test of Calif. power crisis
The California power market meltdown of a decade ago is remembered as much for its fallen leaders as it is for tough lessons on energy trades and traders gone bad. Among the high-profile casualties of that time were former Enron CEO Ken Lay, former California Gov. Gray Davis (D) and a handful of decisionmakers and traders who saw their careers evaporate as the state grappled with near fiscal collapse. But one corporate executive at the center of it all lived to tell about it and effectively came out clean, if not stronger for the experience. That man is John Bryson, former CEO of Edison International and now the White House's nominee to head the Commerce Department.