We use competitive markets to arrange for delivery of our food supply.
But the most important thing is, Enron did not cause the California crisis.
Trillions of dollars every day are being exchanged around the world in all of the financial markets.
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.
I have faith in the market when we get the rules right.
The collapse of Enron and the subsequent collapse of Arthur Andersen were tremendous tragedies. But as I stated at the time of my indictment on July 8, 2004, failure does not equate to a crime.