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.

But certainly I didn't know he was doing anything that was criminal.

The transmission systems are still regulated.

But indeed a market like California is not good for Enron.

They can't do without electricity. They can do with less electricity.

I don't think I'm a criminal, number one.

It's been very interesting. We've seen a lot of interesting testimony. We've seen a lot of interesting people, a lot of allegations, a lot of lies, a lot of misinformation and some truth.