But the most important thing is, Enron did not cause the California crisis.

But indeed a market like California is not good for Enron.

But I can't take responsibility for criminal conduct of somebody inside the company.

Any slots at the senior level, including CEO or other slots, will be filled internally.

Am I a fool? I don't think I'm a fool. But I think I sure was fooled.

Well, rates would go up whether you deregulate or not, and of course, the rates that are going up right now on the electricity side are still within the regulated framework.

You'll have lower prices under deregulation than you will through regulation.

I have faith in the market when we get the rules right.

Today, there are also buyers and sellers of all these energy commodities, just like there are buyers and sellers of food commodities and many other commodities.

When there's uncertainty they always think there's another shoe to fall. There is no other shoe to fall.

Jeff knew full well what he was walking away from. Again, he needed to deal with this right away.

We need someone who is a strong representative of our value system.

We use competitive markets to arrange for delivery of our food supply.

Trillions of dollars every day are being exchanged around the world in all of the financial markets.

They can't do without electricity. They can do with less electricity.