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To: robnhood who wrote (103376)5/18/2001 10:23:51 PM
From: Jumper  Respond to of 436258
 
yep rrman, time to short some energy...

merrill clowns were on the phone trying to sell duke energy junk bonds to senior citizens yesterday

BTW, word on the street is Myth Man & Maria B. are getting hot and heavy with VASOline.



To: robnhood who wrote (103376)5/19/2001 8:05:41 AM
From: flatsville  Respond to of 436258
 
rrman-

A crisis like this takes real time. <ggg>

At least on the electricity end it has been in the works for quite a while. The major piece of enabling legislation made it through Congress in 1978:

Major segments of the electricity industry are being restructured. The industry is currently in the midst of a transition from a vertically integrated and regulated monopoly to an entity in a competitive market where retail customers choose the suppliers of their electricity. The change began in 1978, when the Public Utility Regulatory Policies Act (PURPA) made it possible for nonutility generators to enter the wholesale power market.

Dumbya's deep ties to energy will just insure it gets really screwed-up.