Nicolas Berggruen

I don't mind staying in one place for a while - I like to spend a lot of time in Los Angeles. It's a place where nobody goes out, where people will leave you alone. People in Los Angeles love themselves and they love what they do and they leave you alone. If you're isolated, you have a real advantage. You can work.

I was living in Paris, which is a very beautiful, very wonderful place, but a tight place as a city, a tight place culturally. Its people are very brilliant, thoughtful, the place functions, but it's a historical place in some ways, like a big museum.

Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market.