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.

Non-Tech : The Enron Scandal - Unmoderated -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (90)	1/14/2002 10:07:25 PM
From: TigerPaw	Read Replies (1) \| Respond to of 3602

look at the prices Grey Davis did a bold and risky move. He locked in prices that were obviously too high. He said: Never again will we allow out-of-state generators to threaten to turn off our lights with the flip of a switch. . . . These generators may be acting within the law. But if they're illegally gaming or manipulating the market, the Attorney General will track them down." He broke the back of Enron and that did and will do more to ensure the long term energy future of California than anything else. Companies are going to think long and hard before they try to corner the California energy market again. Perhaps the energy costs will be renegotiated in the future. nwenergy.org