This is a Chapter 11 (re-org) and not a Chapter 7 (liquidate),
for those interested in that important distinction (I have
a family member employed there, well, was yesterday, don't
know about today).
Lots of stories:
http://news.google.com/news?hl=en&ned=us&q=calpine&ie=UTF-8&scoring=d
Calpine to have a hearing today at 11:30 EST.
Full Calpine press release:
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/12-20-2005/0004237638&EDATE=