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.

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.

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

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

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.

I think that it at least puts this enormous obstacle out of the way. Now that the polemics are over everybody can finally discuss things with less emotion.