Turning points: Joseph Pokalsky
Pauline McCallion speaks to energy trading veteran Joseph Pokalsky about the early days of Enron, picking up the pieces in the energy sector after its collapse and new challenges facing the energy sector today
In May 1991, when Joseph Pokalsky left his job with an investment bank to join the then small gas pipeline company Enron, it may have seemed like an unusual move. "At the time, gas trading and marketing was a very unsophisticated business," he recalls.
However, it was Jeffrey Skilling, head of Enron's marketing and trading operations at the time (which became Enron Capital & Trade Resources in 1991), who convinced Pokalsky the gas business had rich opportunities. Skilling was in search of
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