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GasBuddy News Article

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Energy merger brings Rogers to Raleigh to explain boardroom coup

News and Observer -- His detractors have called him a “silver-tongued devil” and “one of the most dangerous utility leaders in the nation” in ruthless pursuit of profit and self-aggrandizement. They point to $1 billion in cost overruns on a coal-fired power plant in Indiana that exploded in an influence-peddling scandal, leading to the firing of Duke executives and the indictment of a former state utility regulator.

Rogers will face the N.C. Utilities Commission to answer questions about last week’s palace coup at Duke that resulted in the abrupt resignation of Bill Johnson as CEO. The public hearing is expected to be unlike anything the sleepy commission has ever experienced, bringing a crush of TV cameras and national news outlets upon a panel of political appointees that few residents of North Carolina


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Submitted Jul 10, 2012 By: BIGOILEATURCRUD
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Energy merger brings Rogers to Raleigh to explain boardroom coup Post a Reply Back to Topics
REPLIES (newest first)
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Ahking
Champion Author Orange County

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Message Posted: Jul 12, 2012 12:37:44 AM

Business & capitalism need to be checked.
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jrs4125
Champion Author Indiana

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Message Posted: Jul 11, 2012 6:34:20 AM

Somebody is not contributing enough to political campaigns.
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puinsai808
Champion Author Honolulu

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Message Posted: Jul 10, 2012 9:49:08 AM

ok
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BIGOILEATURCRUD
Champion Author North Carolina

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Message Posted: Jul 10, 2012 9:44:44 AM


>>WTF does have to do with oil/gas prices?<<

@ kd5kpd;

Define WTF!

-.-
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UseLessGasFolks
Champion Author Iowa

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Message Posted: Jul 10, 2012 3:05:30 AM

"Johnson, 58, has remained out of sight, bound by a gag order in his $10.3 million severance package that forbids him from disparaging his former employer"

10.3 mil - what more do you need?


[Edited by: UseLessGasFolks at 7/10/2012 3:06:20 AM EST]
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LostToo
Champion Author Illinois

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Message Posted: Jul 10, 2012 2:29:58 AM

HuH?
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gmcgas
Champion Author Atlanta

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Message Posted: Jul 10, 2012 1:56:29 AM

hummmmmmmmmm
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Dremwolf
Veteran Author Jacksonville

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Message Posted: Jul 10, 2012 1:55:49 AM

Will this be on pay per view?
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MN1
Champion Author Twin Cities

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Message Posted: Jul 10, 2012 1:55:31 AM

Totally corrupt.
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REVLAW
Champion Author San Antonio

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Message Posted: Jul 10, 2012 1:53:45 AM

Okay. Let it "play out".
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yakstar
Champion Author Montreal

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Message Posted: Jul 10, 2012 1:50:49 AM

youth...
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Eugenian
Champion Author Oregon

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Message Posted: Jul 10, 2012 1:47:18 AM

So much corruption and graft in this industry.
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Ken2OD
Champion Author Grand Rapids

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Message Posted: Jul 10, 2012 1:47:04 AM

ENRON revisited - ten years later.
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HA4CNN
Champion Author Toronto

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Message Posted: Jul 10, 2012 1:44:37 AM

This is what can happen in a socialist setting Companies think that the rules are for everyone else but not for them.
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SparkieMi
Champion Author Kalamazoo

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Message Posted: Jul 10, 2012 1:43:36 AM

What a surprise...
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dky63
Veteran Author Illinois

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Message Posted: Jul 10, 2012 1:40:27 AM

he got caught
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mix76hawaiian
Rookie Author Fresno

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Message Posted: Jul 10, 2012 1:37:33 AM

“silver-tongued devil” and “one of the most dangerous utility leaders in the nation” in ruthless pursuit of profit sounds like bad news!!!!
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LtRTH
Champion Author St. Louis

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Message Posted: Jul 10, 2012 1:33:36 AM

If he's connected to the UN in any way, you know he's a shady character.
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bcok
Champion Author Los Angeles

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Message Posted: Jul 10, 2012 1:27:31 AM

can we see some jail time?
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northeast2
Champion Author New York

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Message Posted: Jul 10, 2012 1:26:58 AM

"They point to $1 billion in cost overruns on a coal-fired power plant in Indiana that exploded in an influence-peddling scandal, leading to the firing of Duke executives and the indictment of a former state utility regulator."

Wow. You mean corporations make mistakes (like cost overruns) and do illegal things like attempted bribery?
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furiousfowl
Champion Author Riverside

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Message Posted: Jul 10, 2012 1:25:52 AM

Surprise, surprise.....
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RENEGADEGAS
Champion Author Missouri

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Message Posted: Jul 10, 2012 1:25:31 AM

And the price of gas is??
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boatfloyd
Champion Author Jacksonville

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Message Posted: Jul 10, 2012 1:25:21 AM

Big Shots at Work.
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blazerbob91
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Message Posted: Jul 10, 2012 1:23:51 AM

Absolute power corrupts absolutely
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Dragnet
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Message Posted: Jul 10, 2012 1:23:38 AM

The lynch mob at its best
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Ron77095
Champion Author Houston

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Message Posted: Jul 10, 2012 1:22:50 AM

ok.
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sammy518
Champion Author Austin

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Message Posted: Jul 10, 2012 1:21:14 AM

no job is safe even the $1mill + ones! Finally, equality. Every time a millionaire is fired an angel gets it's wings
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hubcapLA
Champion Author Louisiana

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Message Posted: Jul 10, 2012 1:18:31 AM

And the price of gas is......?
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1Boog
Champion Author Lincoln

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Message Posted: Jul 10, 2012 1:18:23 AM

money rules everything..
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rd2000
Champion Author Florida

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Message Posted: Jul 10, 2012 1:14:58 AM

More greed
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Jmac2008
Champion Author Missouri

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Message Posted: Jul 10, 2012 1:14:48 AM

and the rich get richer
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jrsva
Champion Author Virginia

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Message Posted: Jul 10, 2012 1:14:38 AM

“WTF does have to do with oil/gas prices?”

Why do you ask, KD? The article deals directly with energy issues. Have you read the guidelines for GB news posting? It would be good to do that before complaining.
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Liefhebber
Champion Author Chicago

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Message Posted: Jul 10, 2012 1:14:26 AM

Unfortunately, this won't cost Rogers his job.
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OWENALOTT
Champion Author Appleton

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Message Posted: Jul 10, 2012 1:11:04 AM

Greed and Corruption throughout the world...
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OOXXFF
Champion Author Greensboro

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Message Posted: Jul 10, 2012 1:10:42 AM

The big ones fight and we loose.
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roadrunnerMO
Champion Author Kansas

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Message Posted: Jul 10, 2012 1:10:15 AM

Whoopee doo.
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kd5kpd
Champion Author Texas

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Message Posted: Jul 10, 2012 1:09:31 AM

WTF does have to do with oil/gas prices?
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AuntJaime
Champion Author New Jersey

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Message Posted: Jul 10, 2012 1:09:23 AM

ok
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Bruno44
Champion Author Texas

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Message Posted: Jul 10, 2012 1:08:53 AM

Surely that isn't Roy Rogers.
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jtfftj
Champion Author New Hampshire

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Message Posted: Jul 10, 2012 1:06:59 AM

Just to add some variety.
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Kawibiker
Champion Author Illinois

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Message Posted: Jul 10, 2012 1:06:38 AM

k
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Rageagainsttm
Champion Author Tampa

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Message Posted: Jul 10, 2012 1:05:57 AM

ok
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rollercoaster
All-Star Author Hartford

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Message Posted: Jul 10, 2012 1:03:36 AM

-k
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hybridaholic
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Message Posted: Jul 10, 2012 1:03:13 AM

All of them are crooks.
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Dodge_Me
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Message Posted: Jul 10, 2012 1:01:31 AM

Okay
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BWJM
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Message Posted: Jul 10, 2012 1:00:55 AM

ok
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silverfoxv65
Champion Author Michigan

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Message Posted: Jul 10, 2012 12:56:38 AM

More stupid figures, a billion here a billion there!
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Buddy2264
Champion Author Tampa

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Message Posted: Jul 10, 2012 12:55:45 AM

The results will be interesting.
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pastorpaulcg
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Message Posted: Jul 10, 2012 12:50:52 AM

Ok
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dinomen
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Message Posted: Jul 10, 2012 12:50:48 AM

Ok.
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