Enron Mail

From:karen.denne@enron.com
To:richard.shapiro@enron.com, james.steffes@enron.com, vance.meyer@enron.com,eric.thode@enron.com, jeff.dasovich@enron.com, mark.koenig@enron.com, paula.rieker@enron.com, elizabeth.ivers@enron.com, rick.buy@enron.com, tracy.ngo@enron.com, tim.belden@enro
Subject:Response Statement to PG&E's Ch. 11 Filing
Cc:karen.denne@enron.com
Bcc:karen.denne@enron.com
Date:Fri, 6 Apr 2001 06:17:00 -0700 (PDT)

It's unfortunate that the state's largest utility was forced to turn to the
courts for a resolution. Solutions to the state's energy crisis have been
available for months that would have avoided this scenario, but Gov. Davis
and the Legislature lacked the bold leadership to take swift, decisive
action.

Enron's exposure to PG&E will not have any material effect on earnings or on
our financial condition.

If pressed: Any further comment would be speculative, as we have not yet
seen the filing.