Post-Enron, companies will not spend money in hopes they will recoup the money. They need to be certain.

We've gotten some money from other settlements [between companies working with Enron]. But the Enron settlements look like pennies on the dollar due to bankruptcy.

After the fact, we will look back on the Enron episode as a period when we put corporate governance back on track, ... That is favorable to the long-term outlook. If it were going to have significant impact on the economy in the short run, we'd already be seeing it, and we are not.

A lesson that finance professionals had to relearn after Enron is making sure you understand how the company makes money and making sure you understand why you own stock or bond of a particular company.

Dick Cheney finally responded today to demands that he reveal the details of the Enron meetings. This is what he said. He met with unnamed people, from unspecified companies, for an indeterminate amount of time at an undisclosed location. Thank God he cleared that up. I'm ready to move on.

If we don't raise a lot of money this year, the services we provide will be completely limited. I hope it's not going to be really restricted, but without a carnival I feel it will be.