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To: Jim McMannis who wrote (131891)	4/7/2001 1:04:54 PM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Jimbo - Re: "PG&E owes the Bank of NY $2B alone. Wait until that and other loans start to reverberate." Now, the Bank of New York has as big a problem (almost) as us Californians. You think this is just a "California" issue? Paul

To: Jim McMannis who wrote (131891)	4/7/2001 1:47:56 PM
From: Road Walker	Read Replies (1) \| Respond to of 186894

Jim, re: "It's hard for me not to be bitter about the state of California. Their whole upper government should resign. Power bills should double until they build more power plants." It's the government attitude of "this is what we want, and this is what will work politically. We don't care if it makes any economic sense, the politics are our only concern. So we'll just pass popular laws". So now the people of California, and the utility stockholders, will have to pay the price for electing politicians without an ounce of common sense. John