Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: patron_anejo_por_favor who wrote (54927)	1/5/2001 11:56:04 PM
From: KeepItSimple	Read Replies (1) of 436258

Ding ding ding! I think we have a winner here. Utilities all over the rest of the grid are going to be forced to provide power at a loss to california. Their credit ratings will collapse too- and the domino of debt will come crashing down. There isnt a bank or pension fund that doesnt hold Utility paper of some kind. I think this is what Greenspan knew was going to happen. GAME OVER MAN, GAME OVER! ------------------------------------------------- Should those providers (CPN, DUK, REI) also have debt downgrades, since they will be essentially extending credit that appears to be unpayable?

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