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Entities initially short paid - PowerPoint PPT Presentation

Background Example

Electric Reliability Council of Texas, Inc. Late Fees and Short Payments in Bankruptcies / Payment Plans. Background Example. Texas Commercial Energy (TCE) filed for bankruptcy in March 2003 Approximately $30M owed to ERCOT Market Participants ERCOT held approximately $16M in collateral

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Entities initially short paid - PowerPoint PPT Presentation

Background Example