There are absolutely no problems that had anything to do with Jeff's departure.
I have to take responsibility for anything that happened within its businesses.
But the most important thing is, Enron did not cause the California crisis.
The transmission systems are still regulated.
Jeff knew full well what he was walking away from. Again, he needed to deal with this right away.
I mean, our primary businesses in wholesale pipelines, utilities, retail, were all doing extremely well.
When there's uncertainty they always think there's another shoe to fall. There is no other shoe to fall.
But certainly I didn't know he was doing anything that was criminal.
But I can't take responsibility for criminal conduct of somebody inside the company.
But indeed a market like California is not good for Enron.
We see ourselves as first helping to open up markets to competition.
We use competitive markets to arrange for delivery of our food supply.
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.
