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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
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Ahking
Champion Author Orange County

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Message Posted: Jul 11, 2012 11:37:44 PM
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Business & capitalism need to be checked.
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jrs4125
Champion Author Indiana

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Message Posted: Jul 11, 2012 5:34:20 AM
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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 8:49:08 AM
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ok
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BIGOILEATURCRUD
Champion Author North Carolina

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Message Posted: Jul 10, 2012 8:44:44 AM
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>>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 2:05:30 AM
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"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 1:29:58 AM
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HuH?
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gmcgas
Champion Author Atlanta

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Message Posted: Jul 10, 2012 12:56:29 AM
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hummmmmmmmmm
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Dremwolf
Veteran Author Jacksonville

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Message Posted: Jul 10, 2012 12:55:49 AM
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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 12:55:31 AM
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Totally corrupt.
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REVLAW
Champion Author San Antonio

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Message Posted: Jul 10, 2012 12:53:45 AM
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Okay. Let it "play out".
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yakstar
Champion Author Montreal

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Message Posted: Jul 10, 2012 12:50:49 AM
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youth...
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Eugenian
Champion Author Oregon

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Message Posted: Jul 10, 2012 12:47:18 AM
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So much corruption and graft in this industry.
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Ken2OD
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ENRON revisited - ten years later.
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HA4CNN
Champion Author Toronto

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Message Posted: Jul 10, 2012 12:44:37 AM
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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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What a surprise...
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dky63
Veteran Author Illinois

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he got caught
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mix76hawaiian
Rookie Author Fresno

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Message Posted: Jul 10, 2012 12:37:33 AM
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“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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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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can we see some jail time?
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northeast2
Champion Author New York

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Message Posted: Jul 10, 2012 12:26:58 AM
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"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 12:25:52 AM
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Surprise, surprise.....
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RENEGADEGAS
Champion Author Missouri

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Message Posted: Jul 10, 2012 12:25:31 AM
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And the price of gas is??
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boatfloyd
Champion Author Jacksonville

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Message Posted: Jul 10, 2012 12:25:21 AM
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Big Shots at Work.
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blazerbob91
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Absolute power corrupts absolutely
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Dragnet
Champion Author Arizona

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The lynch mob at its best
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Ron77095
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Message Posted: Jul 10, 2012 12:22:50 AM
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ok.
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sammy518
Champion Author Austin

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Message Posted: Jul 10, 2012 12:21:14 AM
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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 12:18:31 AM
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And the price of gas is......?
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1Boog
Champion Author Lincoln

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Message Posted: Jul 10, 2012 12:18:23 AM
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money rules everything..
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rd2000
Champion Author Florida

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Message Posted: Jul 10, 2012 12:14:58 AM
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More greed
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Jmac2008
Champion Author Missouri

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and the rich get richer
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jrsva
Champion Author Virginia

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Message Posted: Jul 10, 2012 12:14:38 AM
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“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 12:14:26 AM
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Unfortunately, this won't cost Rogers his job.
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OWENALOTT
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Greed and Corruption throughout the world...
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OOXXFF
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The big ones fight and we loose.
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roadrunnerMO
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Whoopee doo.
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kd5kpd
Champion Author Texas

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Message Posted: Jul 10, 2012 12:09:31 AM
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WTF does have to do with oil/gas prices?
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AuntJaime
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Message Posted: Jul 10, 2012 12:09:23 AM
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ok
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Bruno44
Champion Author Texas

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Surely that isn't Roy Rogers.
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jtfftj
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Just to add some variety.
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Kawibiker
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k
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Rageagainsttm
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ok
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rollercoaster
All-Star Author Hartford

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-k
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hybridaholic
Champion Author Appleton

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Message Posted: Jul 10, 2012 12:03:13 AM
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All of them are crooks.
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Dodge_Me
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Okay
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BWJM
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ok
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silverfoxv65
Champion Author Michigan

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More stupid figures, a billion here a billion there!
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Buddy2264
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The results will be interesting.
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pastorpaulcg
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Ok
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dinomen
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Ok.
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