Tuesday, March 13, 2007

AmerEnron: Have we not learned from history?

Tonight I’m being lazy, so here are some summaries with links to more details about AmerEnron


03/13/2007
BREAKING NEWS: Ameren's credit rating lowered
By: THE ASSOCIATED PRESS

CHICAGO (AP) - Illinois regulators said Tuesday they hope Ameren Corp. will find a way to assist customers with higher bills, even as the utility said it was scrapping a planned $20 million electric-bill credit.

(WMBD/WYZZ TV - PEORIA) Problems for Ameren could have an impact on you. Moody's Investors Service has downgraded Ameren's credit rating to junk. Junk status means it's considered lower than investment grade quality. Ameren says it's going to have to make cuts in certain departments to keep providing energy to everyone.

March 13, 2007, 6:23PM
Ameren CEO Receives $4.4m in 2006
© 2007 The Associated Press
NEW YORK — Ameren Corp., which operates gas and electric utilities in Missouri and Illinois, on Tuesday disclosed that Chairman, President and Chief Executive G.L. Rainwater received compensation valued at $4.4 million last year.

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