Monday, August 25, 2008

Energy East $100M payouts possible per PSC member

Energy East payouts possible; PSC member suggests bosses could get $100 million in deal

Top executives at Energy East Corp. stand to make $100 million if they lose their jobs as part of Spanish utility Iberdrola SA's $4.5 billion acquisition, according to one member of the state Public Service Commission. It's unclear just how important the issue will be as part of the PSC's deliberations on the $4.5 billion deal.PSC commissioners, who discussed the case at their monthly meeting this week, have scheduled a special meeting on the merger Wednesday. A vote also is...

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Voice Your Choice Say NO to Overhead Power Lines

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