The document is the transcript from Integrys Energy Group's Third Quarter 2008 Earnings Conference Call on November 6, 2008. In the call, Integrys Energy Group discusses their third quarter 2008 financial results, revised guidance for 2008, liquidity and financing plans, and capital investment plans. Key highlights included a net loss for the quarter driven by large non-cash mark-to-market losses at Integrys Energy Services, revised 2008 EPS guidance lowered due to higher costs and losses, and planned capital expenditures of $1.7 billion through 2010 focused on utility infrastructure investments.