Second day of rolling blackouts starts

Thu Jan 18 19:22:16 UTC 2001

At 11:00 AM +0000 1/18/01, Matthew Kaufman wrote:

>at the time, the frozen rates were *above* their cost, and they were betting
>on a future cost structure that would result in huge profits for them and
>their parent.

Yeah, they weren't counting on the state cutting their legs out from under
them saying "no new power for you" on new generation requirements.

D

-- 
+---------------------+-----------------------------------------+
| dredd at megacity.org  | "Conan! What is best in life?"          |
|  Derek J. Balling   | "To crush your enemies, see them        |
|                     |    driven before you, and to hear the   |
|                     |    lamentation of their women!"         |
+---------------------+-----------------------------------------+