The true fact of the matter is that HEI must protect its monopoly over Hawaii's power industry.  No matter what, if the future industry is not a utility continued under HEI's monopoly, the corporation disappears a la American Factors, Dillingham Transportation, C. Brewer, and Theo Davies.  Or, at best becomes a shell of yesteryear simulating the likes of Castle & Cooke and Alexander & Baldwin.  So far, Bishop & Associates Bank has managed to maintain its 19th century monopolistic grip over Hawaii in today's oligarchial banking market having become First Hawaiian Bank.  HEI must do the same and not end up like A & B unnerved into becoming an REIT to avoid a hostile takeover.