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Old 06-15-2010, 08:34 AM
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Ayatollahgondola Ayatollahgondola is offline
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Default LA Dept of Water and Power To Sell Off The Golden Egg

I am beginning to see a pattern here, and I'm not at all convinced it's a good one. The DWP, similar to the state, has spent the money and owns this revenue producing property. Why sell off the golden eggs? Who will profit? I doubt it's going to result in any long term good for ratepayers or taxpayers


Quote:
The Los Angeles Department of Water and Power is considering selling off its headquarters, shares in out-of-state power supplies and other assets instead of raising customer rates.

Read more: http://www.sacbee.com/2010/06/15/282...#ixzz0qwLSj2o9
http://www.sacbee.com/2010/06/15/282...elling-hq.html
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