Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (132617)	11/2/2001 3:51:03 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 436258

He is one of the biggest crooks the US has. Usually he pays his way out of trouble by political "contribution". By any banking laws he should be jailed for 30 years as required by law. A big chunk of the S&L bailout cost were directly connected to him. He is very much to blame for Citibank troubles in 1992/3 when the bank succumbed to Saudi interests.

To: Les H who wrote (132617)	11/2/2001 3:58:27 PM
From: JRI	Respond to of 436258

Think Don keeps the model girlfriend if he has to live in a 3 bedroom in Staten Island?

To: Les H who wrote (132617)	11/2/2001 7:43:58 PM
From: Les H	Read Replies (1) \| Respond to of 436258

A panel of utility experts said this week that organizational changes brought about by electricity restructuring could pose a serious financial risk to the viability of utilities around the United States. At a meeting on the future of electricity restructuring held in Williamsburg, VA, experts predicted that the nationwide move toward restructuring could produce utility bankruptcies similar to Pacific Gas & Electric's recent Chapter 11 reorganization filing in California. Attorney Mike Zimmer of Baker and McKenzie stated, "As the march toward deregulation continues, the risk of bankruptcy is enhanced." He added that once in bankruptcy, utilities often struggle to maintain a focus on serving customers. California analyst Eric Woychik said bankruptcy can be avoided by balancing the expectations of market rules with more diverse governance. Eric Miller, Director of the Office of Markets, Tariffs, and Rates at the Federal Energy Regulatory Commission (FERC), said FERC is also concerned about the bankruptcy issue and is using real-time market monitoring that is "clear, concise, and transparent" to ensure that all regulators and utilities have immediate access to information about the market's behavior. EnergyWashington.com Today, November 1, 2001 eren.doe.gov