The company is anxious to get out of bankruptcy and to bring itself into compliance with the environment. This should happen in a matter of months.

The company has insisted that last year was an exceptional year. I don't think this (drop in earnings) changes much of their long-term outlook.

He can, if he does the restructuring smartly, save more than he will be paid. He is a master at this, and it is not an easy task.

It's obviously the right thing to do. Most companies realize the residential class just can not get a rate shock.

Baltimore has always been very sensitive to mild weather. That's a major reason they expanded their non-regulated trading business.

Probably most of the plants they intend to sell are in the Southeast. It is a tough market and very regulated, so it was harder for them to carve a place there.

The rise in power prices was much greater than any kind of demand growth could have produced.

Electricity is now trading as a commodity - as soon as there's a shortage, that number goes up.

You have a company that cannot sell its power and customers who are going to have higher prices to pay. That's the price of shutting down the plant. I hope people are happy they can breathe better, but nothing comes cheaply in energy.

You almost conceptually expect that gasoline prices will be just about as volatile as petroleum and oil prices. It's hard to do the same with electricity.