We've all got to work to restore business confidence...but I believe that longer term we may look at Enron as being a positive as opposed to a negative. It may lead to greater transparency.

We're all trying to get our heads above the battle smoke and look for the real meaning of Enron to put it in perspective,

Weakness in the capital markets, compounded by an erosion of corporate and investor confidence, has depressed activity in a number of our most important businesses, ... While we have seen some encouraging economic data of late, the current environment remains very challenging.

We are very confident about the long-term outlook for our business, but believe that the immediate impact will be a further weakening in the operating environment and a delay in the economic recovery, ... However, given increased fiscal and monetary stimulus, we anticipate that long-term economic recovery should be more certain and vigorous than previously expected.

With his confidence, the way he works and the way he goes about his business, he's capable of (passing Clemens). His knowledge of the game is so good and he knows what to do when he's up there.

This is an important step in our plan to restore investor confidence in Enron, ... Additionally, we will update investors over the next several days regarding our plans to maintain our long-term credit rating.