New Adventures in LIPA Privatization

By: Thursday June 6, 2013 9:35 am

The LIPA ServCo contract with PSEG should be allowed to go forward as originally planned, bid, approved by NYS Comptroller and NYS AG, and authorized by the IRS. Governor Cuomo should stop flailing around with a new plan every few weeks. He should focus on appointing a CEO and getting a commitment from that CEO to appoint and support an inspector general to detect and prevent fraud, waste and abuse.

 

LIPA’s Nuclear Hangover Proves Headache for Sandy’s Victims

By: Tuesday November 27, 2012 6:50 am

As the sun set on Veterans Day, 2012, tens of thousands of homes on New York’s Long Island prepared to spend another night in darkness. The lack of light was not part of any particular memorial or observance; instead, it was the noisome and needless culmination of decades of mismanagement and malfeasance by a power company still struggling to pay for a now-moldering nuclear plant that never provided a single usable kilowatt to the region’s utility customers.

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