VIRGINIA QUESTIONS NUCLEAR WASTE FUND PAYMENTS TO FEDS
SEPTEMBER 15, 1995
Giving Up the Corner Office
looks back at 2002's Golden Executive Parachutes. We wish them good luck on the golf course.
Doing It Without Chuck (who made do with a $33 million severance package)
"The real leaders are those that figure out how to get things done beyond what they could get done themselves."
Green With Envy: Rationalization and a $7.6 million severance package
"We always like greater clarity in their ratings process. But we've worked closely with them [credit ratings agencies] and will continue to do so and have no significant issues in that regard. I think it's a normal and healthy rationalization in an industry after a bull run and a lot of investment."
Padewer extracts "extrinsic" $2 million to $3 million
"One of the issues that separate the pure plays and people like Duke is that a pure play generator-that doesn't have strong trading operations and doesn't understand the markets in a way a trading company does-can't extract that extrinsic value, by definition."
McCormick gets $4 million mountain of cash
"If Congress doesn't vote to over-ride Nevada's veto of the president's Yucca Mountain designation, then an entirely new site search and study process would begin-an unacceptable option."
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