I've not only pursued the American dream, I've achieved it. I suppose we could say the last few years, I've also achieved the American nightmare.
The last thing I would have ever expected to happen to me in my life would be that, in fact, I would be accused of doing something wrong and maybe even something criminal.
The problems in California have been that it's been very difficult to site and build new power plants.
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.
In the case of Enron, we balance our positions all the time.
We need someone who is a strong representative of our value system.
The transmission systems are still regulated.
I have faith in the market when we get the rules right.
I take full responsibility for what happened at Enron. But saying that, I know in my mind that I did nothing criminal.
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.
We use competitive markets to arrange for delivery of our food supply.
Jeff knew full well what he was walking away from. Again, he needed to deal with this right away.
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.
We see ourselves as first helping to open up markets to competition.
I don't think I'm a criminal, number one.