calvoiper
join:2003-03-31
Belvedere Tiburon, CA
1 edit | reply to calvoiper
Re: Blago is a goof
FLASH UPDATE
Today (Wed., 9/21) Blago pushed Hurley aside and replaced him with Marty Cohen, 11 year leader of the Illinois Citizen's Utility Board (CUB).
Rumors circulating in the Illinois capitol also indicate that Commissioner O'Connell-Diaz is about to be replaced. In addition to above mentioned sins, she attempted to cut short an investigation into Enron/People's Gas dealings. Following public uproar, the case was reassigned to a different ALJ who has ordered $119 Million in refunds to consumers.
First, utility execs are in a tizzy and their valets are busy doing laundry. This represents a major blow to established utility interests.
Second, speculation is rife about how much of this is driven by the Illinois Attorney General's investigation of how close the Commissioners had gotten to the utilities.
Immediate impact on telecommunications is unclear, though the approvals for the SBC/ATT and VZ/MCI megamergers may be affected.
calvoiper |
