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

I take responsibility for what happened at Enron, both good and bad. But I cannot take responsibility for criminal conduct that I was unaware of.

We see ourselves as first helping to open up markets to competition.

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.

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.

Every market is in transition.

We will cooperate fully with the SEC and look forward to the opportunity to put any concern about these transactions to rest.