Comments by Lynch and Wright and Annual Reg Lawyers' Meeting

FYI: Got a call from a colleague who told me that Loretta Lynch and Rod
Wright, among others, spoke at yesterday's annual meeting of regulation
lawyers. The following sums up what was very briefly relayed to me about
Pres. Lynch's and Rod Wright's remarks:

President Lynch said that 1) de-regulation was founded on ideology, not
facts; 2) she wants to completely re-organize the PUC, top to bottom (in her
image? Amen); 3) she frowns on lobbying---"If you come knocking on my door,
that's a strike against you. One should participate, along with the rest of
the public, through the hearing process."

Rod Wright sounded a more positive tone, stating that businesses (including
Enron) are being frustrated by rules and regs that act as unnecessary
impediments to plant development. He made the point that the rules and regs
need to be made more rationale and streamlined. Apparently, he's still
clinging to the idea of the State getting in to the power plant development
business by signing contracts with providers.