Draft Quote for ICAP Press Release
Attribution: Howard Fromer, Chairman, ICAP Working Group, Enron

“As the Chairman of the ICAP Working Group, I am very pleased with the initiative by the NYISO, ISO New England and PJM to advance a set of common principles for region-wide ICAP markets,” said Howard Fromer, xxxxxxxxx of Enron. “Although Enron does not favor ICAP markets, as long as they exist we see this kind of effort to harmonize current market rules as a concrete step toward larger regional markets that will benefit everyone involved.”