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The transmission systems are still regulated.
The problems in California have been that it's been very difficult to site and build new power plants.
The last thing I would have ever expected to happen to me in my life would be that, in fact, I would be accused of doing something wrong and maybe even something criminal.
Our liquidity is fine. As a matter of fact, it's better than fine. It's strong.
Jeff knew full well what he was walking away from. Again, he needed to deal with this right away.
Investors don't like uncertainty.
I've been a strong financial and political supporter of, first, President Bush Sr. when he was running for president, and even when he ran for president a time or two and failed.
I take full responsibility for what happened at Enron. But saying that, I know in my mind that I did nothing criminal.
I mean, our primary businesses in wholesale pipelines, utilities, retail, were all doing extremely well.
I have to take responsibility for anything that happened within its businesses.
I have faith in the market when we get the rules right.
I don't think I'm a criminal, number one.
Every market is in transition.
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