Beam me to Planet Gore !
Posted on 04/26/2010 10:12:59 AM PDT by Ernest_at_the_Beach
Surprising documents made available to this author reveal that Assistant Secretary of Energy Cathy Zoi has a huge financial stake in companies likely to profit from the Obama administration’s “green” policies.
Zoi, who left her position as CEO of the Alliance for Climate Protection — founded by Al Gore — to serve as assistant secretary for energy efficiency and renewable energy, now manages billions in “green jobs” funding. But the disclosure documents show that Zoi not only is in a position to affect the fortunes of her previous employer, ex-Vice President Al Gore, but that she herself has large holdings in two firms that could directly profit from policies proposed by the Department of Energy.
Among Zoi’s holdings are shares in Serious Materials, Inc., the previously sleepy, now bustling, friend of the Obama White House whose public policy operation is headed by her husband. Between them, Zoi and her husband hold 120,000 shares in Serious Materials, as well as stock options. Reporter John Stossel has already explored what he sees as the “crony capitalism” implied by Zoi being so able to influence the fortunes of a company to which she is so closely associated.
In addition, the disclosure forms reflect that Zoi holds between $250,000 and $500,000 in “founders shares” in Landis+Gyr, a Swiss “smart meter” firm. She also still owns between $15,000 and $50,000 in ordinary shares.
“Smart meters,” put simply, are electric meters that return information about customer power usage to the power company immediately and allow a power company to control the amount of power a customer can consume. These smart meters are a central component of the Obama administration’s plans to reduce electricity consumption as part of the “smart grid.”
(Excerpt) Read more at pajamasmedia.com ...
fyi
Ho! Ho! Ho! I guess this is what was alluded to yesterday. Well, well, well!
Corruption, cronyism, graft, sleaze, lies and deceit, on ALL FRONTS.
I had been looking for some news...but Google News made no mention.
And in the comments to this article at WUWT someone mentioned Maurice Strong and Al Gore and a company Molten metals....not sure what the scam was... got to do some reading on that later....
Change the names from Zoi to Cheney and Serious Materials to Halliburton and you’d have a front page NY Times story every week for years.
Sure- but anyone at Goldman Sachs is wrong to try to make money.
This administration will be the topic of books and reviews for decades to come.
Absolutely right.
bookmark
This is surely the conflict-of-interest scandal that Chris Horner alluded to on the Mark Gillar internet radio program yesterday.
Glenn Beck had a great segment on the Tax & Rape scam.
I wonder if Fox News will do any reporting on this one.
She won’t be able to keep working in the Obama administration unless there’s proof that she also evaded taxes. Thanks Ernest.
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