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Pastimes : The California Energy Crisis - Information & Forum -- Ignore unavailable to you. Want to Upgrade?

To: Daniel G. DeBusschere who wrote (249)	4/26/2001 7:42:11 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 1715

Daniel, Thanks for the brief tour of that corner of Alice's Wonderland. The bill sounds like a welfare program for clever tax attorneys, doesn't it? <w> (A mere rhetorical flourish, no reply necessary....) Ray

To: Daniel G. DeBusschere who wrote (249)	6/10/2001 1:21:36 AM
From: Raymond Duray	Read Replies (2) \| Respond to of 1715

The Collapse of Western Electricity Forward Pricing Hi Daniel, Things certainly have changed a bit since last we chatted on this thread. Seems that DWR has been able to tame the spot market, but at a cost. Have you managed to vacate the positions that were accruing value while the short squeeze was on? Seems that the market has turned with a vengeance. Several years of lawsuits are ahead, and I wonder if the cabal will feel it was worth the effort? Here's some extremely interesting reading. I'm shocked that the reporter, Mark Golden, actually could be so clueful. Message 15919411 Comments welcomed! Best, Ray :)