Wed, Sep 17, 2014, 7:37 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

CenterPoint Energy, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • rrb1981 rrb1981 Nov 9, 2002 11:08 AM Flag

    Buffett

    I don't believe it is. The reason I say that is when Berkshire bought Norhtern Natural Gas pipeline from Dynegy(which had bought it from Enron), they ran into the same problem. NNG had taken out loans and passed them on to the parent company (Enron). Dynegy assumed the debt that came with NN and passed it on to Berkshire when it bought it. The FERC said that that loan could not be recouped from rate increases. So Berkshire simply bought the pipeline for 600 million less that Dynegy paid for it 6 months earlier.

 
CNP
24.36-0.07(-0.29%)Sep 17 4:03 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.