How much exactlydid Davis not know, and when did he not know it???
I traded spot and to-arrive natgas in 2000-2001 (aka ''the cash mkt''), and Davis' pet puppies infesting that idiotic Calbanian ISO made it almost impossible to lose...or, said another way, Calbanian taxpayers indirectly funded every single trade I made.
For Grayout Davis to crime Calpine, Cinergy, Duke, El Paso, Enron and the boys for simply operating their trading businesses according to HIS bloody stupid rules, and to crime little tiny individual traders to boot, is absolutely risible. Such commentary would be a terminal embarrassment to any remotely honest individual.