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To: Perspective who wrote (97463)4/23/2001 9:31:34 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
Edison to be nationalized by the PRC (People's Republic of Cali)?

quote.bloomberg.com

Among the options being considered is for the state to purchase the Southern
California Edison utility from Edison International.

``That's one idea that's being talked about,'' Keeley said.

Whether the state should buy the utility ``ultimately depends on the price,'' said
Guy Phillips, a chief consultant to Keeley. The group of more than a half dozen
Assembly members also is looking at the possibility of the state buying power
plants, or using eminent-domain powers to take them, Phillips said.