Subject: Direct Access Suspension
From: [email-masked]
To: [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked]
Cc: [email-masked]
Date: Wed, 19 Sep 2001 16:48:04 -0700 (PDT)

Based on information received at 4 pm this afternoon from Comm. Brown, the
CPUC is reportedly set to suspend direct access tomorrow with an effective
date of Sept. 20 for the suspension.  There has been a huge drop in state
tax revenues this week as a result of economic inactivity due to the
terrotist attacks, and this appears to have reinvigorated the need to issue
bonds--if they can be sold.  In any event, it appears Brown is a solid vote
for suspension as of tomorrow.  Mike Day