Enron Near Collapse After Dynegy Pulls Out

Reuters ^ | 28 Nov 01 | C. Bryson Hull

[RightWhale]

How soon until Enrons creditors demand relief from the Feds (i.e. Taxpayer)?

If Enron had any capital plant, maybe; like Chrysler, or like whichever airplane company it was a couple years ago. Or even since WTC911. Or maybe like S&L. But a paper company isn't worth the bailout.

[GuillermoX]

No company is worth a bailout if they can't make it on their own.

It's amazing how so many companies refuse to bear the risk, but covet all the rewards. I don't feel sorry for their creditors. It would seem any Big 5 firm could have found the lies.

[okie01]

lewislynn, what percentage of California's energy consumption did Enron provide?

C'mon, you know the answer. It's been published on this very forum. The figure has been shoved under your nose. You may have chosen to ignore or to forget it, but I remember.

C'mon, lewislynn. What's the answer?

[slym]

BUMP... No need for a reply to my post above... Fox News and Bloomberg both revealed JP Morgan's HUGE RISK EXPOSURE to the impending Enron bankrupcy. BBC added that "Enron helped get George Bush elected."

So can we expect a Bush/Cheney bailout of some kind? Or are things to bleak for this impoding star which is about to become a black hole?

[MamaLucci]

bttt