Our liquidity is fine. As a matter of fact, it's better than fine. It's strong.

Quote by Kenneth Lay

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You'll have lower prices under deregulation than you will through regulation.

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There are absolutely no problems that had anything to do with Jeff's departure.

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Investors don't like uncertainty.

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

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

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There are no accounting issues, no trading issues, no reserve issues, no previously unknown problem...

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Well, rates would go up whether you deregulate or not, and of course, the rates...

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I mean, our primary businesses in wholesale pipelines, utilities, retail, were all doing extremely well.

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

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