“Our liquidity is fine. As a matter of fact, it's better than fine. It's strong.”
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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.
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Today, there are also buyers and sellers of all these energy commodities, just like there are buyers and sellers of food commodities and many other commodities.
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I take full responsibility for what happened at Enron. But saying that, I know in my mind that I did nothing criminal.
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They can't do without electricity. They can do with less electricity.
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