Four leading power generating companies have agreed to not move to force PG&E and Edison into bankruptcy tomorrow, as long as the legislature agrees to Davis's proposal tomorrow morning. Otherwise, they'll move to force bankruptcy at 12:01 pm.
And regarding Energy Secretary Richardson's continual emergency orders forcing out-of-state providers to ship power to California that they may never get paid for:
"Can Secretary Richardson guarantee that these people are going to get paid?" Jesus Arredondo, spokesman for the California Power Exchange, the agency that serves as the trading exchange for the state, told Los Angeles television station KNBC. "If I'm a supplier and I'm not sure I am going to get paid, I don't know there probably isn't any court in the nation that is going to force me to sell power."
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