I have to take responsibility for anything that happened within its businesses.

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.

Investors don't like uncertainty.

But the most important thing is, Enron did not cause the California crisis.

When there's uncertainty they always think there's another shoe to fall. There is no other shoe to fall.

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.

Every market is in transition.