Enron - Natural Gas Industry Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Enron - Natural Gas Industry

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Softechie who wrote (1231)	12/20/2001 8:45:25 AM
From: LiPolymer	Read Replies (1) of 1433

Down in sympathy: biz.yahoo.com The pipeline battle has been moved to TX, but it's still a battle nonetheless. DYN brought $1.5B and ENE brought the pipeline to the bargaining table, both in good faith, at least initially. But now it's a fight. Best case scenario: DYN gets the pipeline assets, and soon. Worst case scenario: ENE keeps the pipeline and DYN gets into another battle alongside hundreds of other creditors. Bet Watson is kicking himself now for doing the "Ready, Fire, Aim" thing on the merger. Even a competitor's CEO, a major industry insider, could not see how bad things were at ENE. The deal was really too good to be true, but he got greedy. No matter which way it goes, now is probably a good time to be a lawyer in Houston.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next