| Topic Name: |
Career Advice |
| Message Name: |
re |
| Date Posted: |
12/16/2003 |
| In Reply To: |
Based on the S&P the merchant energy sector has not bottomed out atleast from the credit perspective. There is over $ 40 bill debt due in next 4 years. Until the credit situation improves, don't see this thing turning around soon |
| Message: |
True but most of the big banks are getting involved or will be in the near future. I know several guys that have recently received offers to trade MW or NG for Citi and BofA.
A good source also claims that BankOne will be trading physical power and gas by the end of '04.
|
|
