Tag Archives: LAZARD

Transcript LIPA OVersight Committee Presentation to SUffolk County Legislature 2/27/2013


(*Excerpt ‑ Economic Development and Energy 2/27/13*) CHAIRMAN HORSLEY: All righty.  We will now move to talk to the Oversight Committee.  If I could ask the Oversight Committee to come on up.  Matt Cordero, Chairman.  The members are Shelly Sackstein, … Continue reading

Posted in long island power authority, municipal power, municipalization, municpal, privatization | Tagged , , , , , , , | 1 Comment

For LIPA, superstorm battering continues, some pushing bankruptcy as best solution


As Published on http://www.platts.com Public relations fallout from Superstorm Sandy continues to batter the Long Island Power Authority, as one group pushes for its bankruptcy and another blames the utility for a fire that destroyed 130 homes. The Association for … Continue reading

Posted in long island power authority, Mooreland Commision, municipal power, municipalization, privatization, servco | Tagged , , , , | Leave a comment

Three Reports One Unfavorable Outcome For Ratepayers…..Again?


The following was originally posted in November 2011. It now appears that everyone agrees the existing LIPA structure does not work and must be changed however more importantly the same mistake must not be made with privatization…the ratepayer can’t afford it…. The LIPA Board … Continue reading

Posted in brattle, municipalization, privatization, servco | Tagged , , , | 1 Comment

THREE REPORTS, ONE UNFAVORABLE OUTCOME FOR THE RATEPAYERS


The LIPA Board of Trustees engaged the Lazard financial advisory firm in 2009 to update LIPA’s 2005 Strategic Organizational Review, and address important questions concerning LIPA’s future. The report was presented to the board of trustees in February 2010 discussing … Continue reading

Posted in brattle, lipa, long island power authority, municipalization, servco | Tagged , , , | 2 Comments