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

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

The problems in California have been that it's been very difficult to site and build new power plants.

Every market is in transition.

You'd rather have a surplus versus a shortage in your position.

Investors don't like uncertainty.

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.