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UTILITY DANGER AHEAD (MIRANT)
New York Journ. Newspaper | 12 September 2004

Posted on 09/12/2004 7:09:38 PM PDT by MeneMeneTekelUpharsin

The Journal News in New York has an excellent story on Mirant and the Rockland school district tax dispute. It is well worth reading. The writer admits Mirant is probably due a refund. Go to the following link (insert "tt" where necessary) and read:

h**p://www.thejournalnews.com/newsroom/091204/b087ep01jn0912.html


TOPICS: News/Current Events
KEYWORDS: energy; enron; mirant; newyork; rockland; taxes; utilities
The writer of this story realizes the plants have been overassessed. The writer knows that the previous owner of the plants was overassessed. The writer openly admits Mirant is probably due a refund. The folks in Rockland have had a free ride on their taxes at corporate and shareholder expense for YEARS! They'll have to do what I had to do when my investment went sour. CUT EXPENSES!
1 posted on 09/12/2004 7:09:39 PM PDT by MeneMeneTekelUpharsin
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To: BOBTHENAILER

Looking better every day. Hope you're watching. This may be why Mirant stock took a jump recently. I don't know.


2 posted on 09/12/2004 7:10:25 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: snopercod

This is one to keep an eye on. Looks like Rockland is going to need to refund some tax money they were not due.


3 posted on 09/12/2004 7:11:21 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MeneMeneTekelUpharsin

What's with the broken link bullcrap? Criminy...

http://www.thejournalnews.com/newsroom/091204/b087ep01jn0912.html


4 posted on 09/12/2004 7:11:39 PM PDT by Prime Choice (The Log Cabin Republicans AREN'T.)
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To: TopQuark

Where are you? Check this out. Also, type in "Mirant" as a keyword and read the rest of the history of this case posted here. You are surprisingly silent these days. :-?


5 posted on 09/12/2004 7:12:23 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: Dog Gone

You fellas had a lot to say to me some time back, but can't get a comment anymore. Why?


6 posted on 09/12/2004 7:12:57 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: FITZ

Admiration and respect for your knowledgeable posts. Here's a favor. Check this one out. Have a nice evening.


7 posted on 09/12/2004 7:13:44 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: Prime Choice

Hey thanks. It rejected the original post (copyright?) and didn't want to run into that again. This is a GOOD story on the Mirant case. I've been trying to document as much of the case here in order to have it searchable later. Thanks.


8 posted on 09/12/2004 7:28:45 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MeneMeneTekelUpharsin; Admin Moderator
It rejected the original post (copyright?) and didn't want to run into that again.

Yikes. Didn't know that. Jim must have got a nastygram from some overzealous lawyer scum. I'm cc'ing Admin Mod on this thread to see if we should even be linking to it at all.

Admin Mod: If the link in http://www.freerepublic.com/focus/f-news/1214235/posts?page=4#4 is not allowed, please nuke that post. Thanks...

9 posted on 09/12/2004 7:33:32 PM PDT by Prime Choice (The Log Cabin Republicans AREN'T.)
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To: Prime Choice

Well, the way I did it allowed interested parties to go take a look. Now, you may get the whole thing nuked. However, that's okay. At least I tried. It IS a good story and worthy of reading for investor types.


10 posted on 09/12/2004 7:37:08 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: Prime Choice
Linking should be okay according to the following>.......

Received another letter from Gannett Publications, publisher of USAToday, and several other newspapers. Due to contractual arrangements they have with third-party content providers, they have denied our request to allow posting of excerpts. They will only allow the posting of titles and links.

Please do not post full text or even excerpts from the following Gannett Web sites:

New York
Press & Sun-Bulletin, Binghamton
Star-Gazette, Elmira
The Ithaca Journal
Poughkeepsie Journal
Rochester Democrat and Chronicle
Observer-Dispatch, Utica
The Journal News, Westchester County


11 posted on 09/12/2004 7:41:28 PM PDT by deport (In politics, as in fishing, you don't have to be a genius. You just have to be smarter than the fish)
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To: MeneMeneTekelUpharsin
Now, you may get the whole thing nuked.

Nah. Admin Mod is skilled in the art of surgical strikes. He's got mad ZOT skills. I seen it.

12 posted on 09/12/2004 7:55:38 PM PDT by Prime Choice (The Log Cabin Republicans AREN'T.)
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To: Prime Choice

Good deal. Looks like the link part is okay. Trying to be careful. This one is worth watching. If nothing else, it is going to be a textbook bankruptcy case. Enron hurt a LOT of people who had nothing to do with the type of games Enron was playing. It's really sad. I'll tell you more some day once this is over.


13 posted on 09/12/2004 8:05:32 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MeneMeneTekelUpharsin
Enron hurt a LOT of people who had nothing to do with the type of games Enron was playing. It's really sad.

What's really sad is that the Enron corruption started and grew under Clinton. It was busted under Bush...but for some reason, Enron is seen by the Democrats as being Bush's fault.

Yeah, Enron donated money to Bush's campaign. But the money it gave Bush's campaign was nothing compared to how much they gave to Democrat Gray Davis (who was later ousted in the California Recall).

14 posted on 09/12/2004 8:15:40 PM PDT by Prime Choice (The Log Cabin Republicans AREN'T.)
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To: MeneMeneTekelUpharsin
I am sorry: I am indeed very rarely on-line nowadays (overwhelmed with work, and no breather appears to be in sight). No disrespect intended.

I very much appreciate your keeping me in mind. Hopefully, I'll batch up your posts and comments, and read them at some point in series.

Best wishes and regards, TQ.

15 posted on 09/12/2004 8:18:13 PM PDT by TopQuark
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To: MeneMeneTekelUpharsin

You have to wonder how they can refund tax money --- I'm sure it's a large amount --- and make it on less money at the same time. Someone has to pick up the tab --- I guess the people are going to be in for a good tax increase now. Cutting expenses? That's the last thing they'll want to do.


16 posted on 09/13/2004 5:45:38 AM PDT by FITZ
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