Enron Mail

From:jeff.dasovich@enron.com
To:skean@enron.com, richard.shapiro@enron.com, james.steffes@enron.com,david.delainey@enron.com, john.lavorato@enron.com, louise.kitchen@enron.com, janet.dietrich@enron.com, greg.whalley@enron.com, harry.kingerski@enron.com, susan.mara@enron.com, alan.
Subject:California Update 07.26.01--Assembly Pulls Plug on Bailout
Cc:
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Date:Thu, 26 Jul 2001 04:21:00 -0700 (PDT)

Just got a call from Hertzberg.
He pulled the plug last night on trying to get an Edison MOU finished by this
weekend.
Too complicated; too rushed; he couldn't pull it off, but intends to
continue working with folks.
He said that likelihood now is that the Assembly will recess, come back on
the 20th, and try again.
Since the Legislature has adjourned without resolving the Edison/energy
issue, the focus will now be at the CPUC, which is scheduled to rule on a
rate agreement between DWR and the CPUC, Direct Access suspension, etc. at
its August 23rd meeting.

Best,
Jeff

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