But certainly I didn't know he was doing anything that was criminal. |
In the case of Enron, we balance our positions all the time. |
When there's uncertainty they always think there's another shoe to fall. There is no other shoe to fall. |
I mean, our primary businesses in wholesale pipelines, utilities, retail, were all doing extremely well. |
I've been a strong financial and political supporter of, first, President Bush Sr. when he was running for president, and even when he ran for president a time or two and failed. |
Our liquidity is fine. As a matter of fact, it's better than fine. It's strong. |
Am I a fool? I don't think I'm a fool. But I think I sure was fooled. |
We need someone who is a strong representative of our value system. |
The transmission systems are still regulated. |
The problems in California have been that it's been very difficult to site and build new power plants. |
We see ourselves as first helping to open up markets to competition. |
Every market is in transition. |
They can't do without electricity. They can do with less electricity. |
Jeff knew full well what he was walking away from. Again, he needed to deal with this right away. |
But I can't take responsibility for criminal conduct of somebody inside the company. |
Well, rates would go up whether you deregulate or not, and of course, the rates that are going up right now on the electricity side are still within the regulated framework. |
You'd rather have a surplus versus a shortage in your position. |
There are absolutely no problems that had anything to do with Jeff's departure. |
I have faith in the market when we get the rules right. |
Any slots at the senior level, including CEO or other slots, will be filled internally. |