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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (93377)	12/3/2001 6:18:43 PM
From: BSGrinder	Read Replies (1) \| Respond to of 132070

Michael, I bet there are some dazed "guarantors" of Enron's credit wandering around! I wonder if Dynegy has some hi-leverage skeletons in their closet. I would think Enron's biggest competitors might also have been imitators. That might be why they want Enron's pipeline so badly - as a real asset to support their own house of cards. But it should be tied up nicely in litigation for the next few years. Ha! /Kit

To: Knighty Tin who wrote (93377)	12/5/2001 8:25:57 AM
From: Bob Miller	Read Replies (1) \| Respond to of 132070

Mike: There was a race at Pimlico some years back, where a horse by the name of Marian Bender was the "mortal lock" of all time. She was facing 5 or 6 others who had no chance of doing anything. The betting was almost that she would win, and lap the field to place. The big money came out. I don't have the exact payoffs, but they were something like: Winner 60.80 75.20 115.80 Place 112.00 175.00 Show 195.60 Needless to say Marian missed the board, and the "bridge jumpers" had a bad day. When you have to right 19 of 20 times to break even, it isn't really the "smart money" showing up. Best wishes, Bob