If you get to a certain point, there's no pulling out of it.

Every utility meeting you go to now, they talk about who is going to be taken over. ... I think once the ball has started rolling, it will pick up a lot of snow.

This is going to be a messy bankruptcy, and it is going to take a long time to sort through. We believe that will be a minimum of two years, and given the complexity of this bankruptcy, could very well be longer.

That's not a level for the faint of heart.

The probability of a bankruptcy became more likely after the court ruling in Delaware last week.

We're the last industry in the United States to rationalize. It really hurt the United States because we don't have a national grid system where we can transport power easily from many places to other places.

The death watch continues, with very little hope that it can end in other than a Chapter 11 (bankruptcy) filing.