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Gold/Mining/Energy : CPN: Calpine Corporation
FRO 23.33+0.2%Nov 5 3:59 PM EST

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To: Raymond Duray who wrote (455)9/28/2002 2:11:13 AM
From: Clement  Read Replies (1) of 555
 
Raymond -

Free markets = crooks? Try the ones who designed the market in the first place. Free markets resulted in the massive construction of modern natural gas plants all over the place - and will result in the shut down of the older and less efficient (and more polluting) plants as has been the case recently in Texas. Free markets where allowed to work has increased the efficiency of production with reduced spreads.

Crooks? If you're looking to find inflammatory rhetoric - I think 'heroes' is a far better word to describe them. Using California as your paradigm of free markets at work is absurd.

Regards,
Clement
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