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.

Am I a fool? I don't think I'm a fool. But I think I sure was fooled.

I always took my role as a leader, and certainly chairman and CEO of a major company very seriously as to our employees and trying to create opportunities for them and create opportunities where they could even, as I said many times, could realize their God-given potential and maybe realize more potential than even they realize they had.

Jeff knew full well what he was walking away from. Again, he needed to deal with this right away.

We're (also) looking for a good people person who is able to motivate others and get strong performances out of people.

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

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