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To: Jalapeno
On site reporter describing the action at the parapets. Awesome report.
12 posted on 11/28/2001 4:35:28 PM PST by RightWhale
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To: RightWhale
BTW, What employees have been told is to show up to work in the morning, and that they will be paid on Friday (a regular payday). Nothing more has been said. Look for Chapter 11 real soon.

Understand, though, Chapter 11 does not save Enron like it does, say a furniture concern or other physical retailer. Enron lives (and has died) on their credit rating. The movement to junk status for their bonds today sent them over the abyss, from which there is no return. No one wants to od multi-million dollar deals with someone who will not pay up.

16 posted on 11/28/2001 4:58:25 PM PST by Jalapeno
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